Word: bond
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Dates: during 1950-1959
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Tootling his saxophone in London's Bond Street, Aubyn Rayinski, a Russian emigré, was commanded by Constable John Wells to take his noise elsewhere. Rayinski, who knows his rights, retorted: "I am a great artist. I must give my public satisfaction. I do not intend to move...
...compare a prosperous bond-salesman of the American species with an Arunta tribesman is in the sociological sense by no means derogatory. Totems are as fundamental as anything in the curious network of superstitions, contracts, and shibboleths which arise from the social intermingling of individuals. The totem in both cases rests on a fairly common basis, a kindred, actual or supposed, and its manifestations, its parades and its war cries, are equally noble or ridiculous...
...substantial stockholder, had bought 90% control of Nedick's, Inc., which has a chain of 96 hot dog and orange drink stands, a gross of $10 million a year. Cost: $3,700,000. Mack also wanted to buy the controlling interest in National Power & Light, held by Electric Bond & Share, for roughly $1,000,000. He wanted to turn Nedick's management over to N.P. & L. and change the name to National Phoenix Industries, Inc. This deal would give him control over N.P. & L.'s assets ($2,000,000 in cash) and enable...
...contract was all signed, Mack told SEC. All he needed was SEC approval. (Since SEC had ordered Electric Bond & Share to get rid of N.P. & L. under the Public Utility Holding Company Act, chances were good that SEC would approve.) While he was in a buying mood, Mack also made an offer to individual holders of N.P. & L. stock. He would buy their stock at 45^ a share (10? more than its book value). That was the price he was paying Electric Bond & Share for its holdings. Thus, those who had rushed to buy on Winchell...
Dick Chapman is a part-time bond salesman and a full-time student of golf Who lives in the heart of the U.S. golf world at Pinehurst, N.C. At 40, he can look back on a distinguished golf career on U.S. Walker Cup teams, a 1940 U.S. amateur title, and a trophy room full of lesser prizes calculated to satisfy the most demanding topnotcher. But not Dick Chapman. In 16 years he has twice reached the final of the British Amateur championship, and lost both times (to Willie Turnesa in 1947, Frank Stranahan in 1950). Last week, Chapman tried again...