Word: corpe
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Dates: during 1950-1959
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...Clark and William J. Brennan) handed down a decision that seemed to jostle McCulloch v. Maryland in the eyes of the four dissenting members (Felix Frankfurter, John Marshall Harlan, Harold Burton, Charles E. Whittaker). At issue: a property tax levied by the city of Detroit on the Murray Corp., a subcontractor manufacturing airplane parts for the U.S. Air Force. The city assessor counted as taxable property some $2,000,000 worth of parts, materials, etc., which were chargeable to the U.S. Government and were labeled as U.S. property. Ruled the court majority, in effect: the city was taxing...
Projected traffic to the moon is getting heavy. Latest notion for a moon vehicle is the Aerobee M, which Aerojet-General Corp. has just thought up, using available hardware. If given priorities and $30 million, Aerojet says it can hit the moon in less than a year...
...Last week G.E. threw in the sponge. To dealers and distributors went a letter canceling Fair Trade contracts on the company's prices. Said G.E.: "We have abandoned our policy because we have found it inoperable." Within three days, half a dozen other diehard Fair Traders, including Sunbeam Corp., McGraw-Edison Co. (Toastmaster), Ronson Corp., and Schick Inc., followed G.E.'s lead, dealing the hardest blow yet to the list price as a factor in U.S. retailing...
...reckoning came last week for pudgy, polished Leopold Dias Silberstein, 53. In the Manhattan board room of his failing Penn-Texas Corp.. directors bounced Silberstein from his two top jobs and turned them over to a pair of "neutral" directors who swing the power balance on the board. Although Silberstein held on to the presidency, his chairmanship of the executive committee went to Milton C. Weisman, 62, law partner of New York City's Congressman Emanuel Celler, and his board chairmanship fell to Banker Aaron L. Jacoby...
Last week, after picking out the site for his tomb and announcing that he would probably die soon, Cinemogul Harry Cohn, 66, president of Columbia Pictures Corp., suffered a coronary thrombosis in Phoenix, Ariz., died in a wailing ambulance on the way to the hospital. A career that paralleled the great, glittering days of the cinema had outlasted the great days themselves...