Word: frasers
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Dates: during 1970-1979
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Australian Prime Minister Malcolm Fraser will arrive here today to officially present a $1 million gift establishing an Australian Studies Endowment fund at the University...
...Fraser will join President Bok at noon in the Yard to sign a "memorandum of understanding" establishing the fund...
Exulted Democratic National Committee Chairman Robert Strauss: "The state of our party is very good?organized, vibrant, forward-looking and hell-bent on victory." Said Douglas Fraser, a liberal United Auto Workers vice president who originally backed Morris Udall for the nomination: "It's a thirst for victory that we have, and we don't want to put that possibility in jeopardy." Added Daley: "We've been fighting too long and losing too long. Now we've got a great candidate...
...Fraser recognizes that persuading the lenders to go along with a refinancing plan will not be easy. Also, he is involved in a damaging dispute with Arab investors. In 1974 the Kuwait Investment Co. hired Sea Pines Co. to oversee a planned $200 million development on Kiawah Island, S.C. Fraser had counted heavily on receiving up to $300,000 annually in profits from the project for the next two decades. But last month the Kuwaitis abruptly canceled the contract and sued Sea Pines for $1.3 million, claiming overcharges. Sea Pines is countersuing for $13.6 million, asserting that the Kuwaitis used...
While battling to save his company, Fraser says he is nonetheless easing himself out of the day-to-day management of Sea Pines so that he can have more time to pursue his latest passion: solar energy. Says he: "My objective was that I'd cease an active role in Sea Pines no later than the age of 50. I'm now 47. There are people in our company who can do the job with me acting as a consultant, providing them with an idea every two or three weeks." He says that he is currently getting "some...