Word: counterclaims
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Dates: during 1950-1959
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Sputnik Rivals. The Atlas, with its nearly 4½ tons, was widely hailed as the heaviest object to be put in orbit, but the Russians were quick to put in a counterclaim. Leonid Sedov, often an official spokesman for Soviet missilemen, declared that each of the three Soviet carrier rockets that orbited the earth weighed considerably more. These weights are not known accurately outside Russia, since the Russians maintain that only the instrument payload is important. The payload of the dog-carrying Sputnik II (instruments, dog, transmitter, etc.) weighed 1,120 lbs., v. the Atlas' 200 plus. Sputnik...
...that is very much like Plato's Academy. The Plato of the place: Harry Jakobsen, a $100-a-week tool designer-turned-guru. At week's end a somewhat mystified Superior Judge Frederick Hall gave Columbia until Jan. 3 to file an answer to Jacobsen's counterclaim...
...elect only one director at each election and could never have more than three directors on the board at one time." The traditional right of a majority is also "impaired," since the majority would have to "wait for two or three years" to get control of the company. Claim & Counterclaim. Wolfson's court victory was no proof that he would win the proxy fight. Ward President Edmund Krider, who said that the company had spent $125,000 on the fight so far, boasted that Avery had proxies for "well over 51% of the 6,700,000 shares outstanding." Therefore...