Word: commonwealth
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Dates: during 1960-1969
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Last week's Supreme Judicial Court decisions have vast implications for law enforcement in the Commonwealth. In declaring the "abroad in the nighttime" statute unconstitutional, Associate Justice John V. Spalding '20, author of the opinion, wrote that "Suspicion, which is an inadequate ground for arrest is no more satisfactory as a basis for punishment." Similarly Spalding noted that "The use of the vagabond charge rather than a charge of theft or attempted theft suggests an absence of probable cause and the consequent evasion of traditional constitutional safeguards that results when suspicion, which admits of no predictable boundaries, is the basis...
...corollary of Spalding's opinion is that not only arbitrary law enforcement, but also the laws that lend themselves to it, deserve close judicial scrutiny. In this context, the long-standing practice of holding persons on suspicion of having committed a felony becomes highly questionable. So, probably, does the Commonwealth's recently enacted stop-and-frisk...
...eight years he spent as chairman of Imperial Chemical Industries Ltd., Sir Paul Chambers, 63, shook up Britain's largest private company from the front office to the production line. He turned a stodgy, Commonwealth-oriented company into a lean operation with new muscle to flex on world markets. Now Chambers wants out. For all his efforts, I.C.I.'s actual performance remains sluggish. And he puts part of the blame on Labor government policies; he complains that "any fool can save the pound by damming the economy." Opting for a far less demanding job, Chambers will leave I.C.I...
...Group leaders include Thomas H. Wagner, 51, a successful auto-parts manufacturer, Frederick C. Matthaei Jr., 42, son of the founder of American Metal Products Co., George B. Kilborne, 37, a Yale classmate of Parsons', and George W. Miller, 43, whom the group tapped to become president of Commonwealth after its takeover. Their acquisitions include banks in Lansing, Royal Oak, Kalamazoo and Coopersville, as well as office buildings in Detroit and Ann Arbor and interests in small business corporations in Detroit and New York. The more they expand, the more irritated Detroit bankers become. But Group Leader Parsons, already...
...Quarrel. When Atlas Credit Corp., a Philadelphia-based investment company, offered $77.50 a share to gain control of Detroit's fourth-largest Commonwealth Bank, Parsons cancelled a business trip to Chicago, huddled for 24 hours with his partners. It would have been ambitious enough just to try for a slice of the bank, but the young partners decided that nothing could be quite so satisfying as complete control. They bettered Atlas' offer by fifty cents a share, organized a public relations campaign that stressed the advantages of hometown ownership. Within three days, after tender offers were counted, Parsons...