Word: centrally
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Dates: during 1950-1959
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...White House disposed of Bulganin's latest letter with a request for "further clarification." The State Department, addressing itself to the much-discussed let's-neutralize-Central-Europe proposals of Poland's Foreign Minister Adam Rapacki-since endorsed by the Kremlin as a suitable topic for the summit-warned all U.S. diplomatic missions overseas that such a plan is "extremely dangerous." Added the President at his press conference, in a definitive statement of policy on such neutralize-Europe agreements...
...NATO association realizing that the defense of the free world must work by cooperation when confronted by a monolith of force and power so great as the strength of the Communist area . . . We must not make a unilateral proposal that we go out, or that we demilitarize all Central Europe...
...York district court ruling that Alleghany fell under the jurisdiction of the Securities and Exchange Commission rather than the Interstate Commerce Commission, which approved the issue. When the Supreme Court reversed this ruling, the lower court held that Alleghany had illegally acquired control of the New York Central in 1954 because it did not get ICC approval. The court ruled that ICC would have to settle that matter before it could properly approve the new issue. The Supreme Court last week decided that the question of Central's acquisition was irrelevant, ordered the lower court to rule...
...Alleghany got the good news, directors voted in Allan P. Kirby, 65, Alleghany president and silent financial backer of Young for the last 20 years to succeed Young as Alleghany chairman. Five-and-Ten-Store Heir Kirby, largest single stockholder in both Alleghany (516,500 common shares) and Central (300,100 shares), will continue as president, also become chairman of the executive committee...
...operation of Alleghany to younger men. Among them: Vice President and Secretary David W. Wallace, 34, Vice President and Director Thomas J. Deegan, 47, Young's right-hand man, and Kirby's son, Fred M., 38. Still to be decided on: a chairman for the New York Central to succeed Bob Young, who left his wife his entire personal estate, valued last week at more than $6,000,000, plus substantial real-estate holdings...