Word: bond
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Dates: during 1950-1959
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...keeping with the passive tone of their whole rebellion, the Negro defendants-each freed on $300 bond after fingerprinting-proceeded from the jailhouse to church for the next move. About 3,000 Negroes gathered in Montgomery's red brick First Baptist (Negro) Church to protest the arrests, to kneel beneath stained glass windows and peeling yellow walls and sing "Hallelujah." Said the Rev. Martin Luther King, 27: "This is not a tension between the Negro and whites. This is only a conflict between justice and injustice. We are not just trying to improve Negro Montgomery. We are trying...
...finance this operation, the Federal Government will cover two-thirds of all city losses. The city must make the plans and enforce the laws at its own expense, but two-thirds of the bill for redevelopment goes to Washington. The remaining third is floated as a bond issue, and normally the increased tax base will more than compensate for the expenditure...
...Emotional abhorrence of Nixon," wrote a columnist in the liberal New Republic last week, "seems to be about the strongest bond liberals have these days." Five pages later, the New Republic exposed the impoverished truth of the statement by taking off on its fellow-liberal weeklies, the Nation and the Reporter. Reason: they are "advising liberals to refrain from supporting Adlai Stevenson...
...cover and I got so scared I ran up my buddy's back like a window shade." Accused as the cat with the difference: Negro Bistro Singer Billy (That Old Black Magic) Daniels, 40. Daniels, to whom it was "all a blank," was soon free on $2,500 bond. But the victim, a 33-year-old drifter, slightly wounded in the shoulder, was jugged as a material witness, with bail set at $5,000 (later halved to the amount that sprang Billy). At week's end, Daniels, his local cabaret entertainer's card lifted, hopped...
...back, and neither could the engineers without congressional funds. The dry-land bridge grew into a joke to everyone but Wall Street's Cornelius Shields & Co. Shields, a veteran dealer in such issues, and famed yachtsman (TIME, July 27, 1953), headed the underwriting syndicate that sold the 3.75% bond issue (maturing in 1980), on the understanding that in 1952, its first year in operation, the bridge would take in $155,600. As past-due interest rose to $110,802, Shields & Co. made a settlement with the grumbling bondholders, paying them $500,000-about 25? on the dollar...