Word: halsey
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Widespread Practice. The award seems likely only to make Wall Street's employee rustlers a bit more circumspect, not to stop their activities. Last week brought new indications of how widespread the practice is. Just as the N.Y.S.E. award was being announced, Manhattan-based Bache Halsey Stuart Inc. sued Loeb Rhoades & Co. Inc. for $5 million damages, charging that Loeb Rhoades had pirated 17 salespeople out of its New Orleans and Orlando, Fla., offices. Bache also sued its former managers of those offices for conspiring with Loeb Rhoades to purloin trade secrets, and asked the New York courts...
...county help when federal and state inheritance taxes, which are based on the land's full value, come due. Under the development-rights scheme, however, all taxes will be reckoned only on the land's agricultural value. Beyond the tax advantage, says Water Mill Farmer Tom Halsey, "I still keep my pride in ownership. I am still able to build farm buildings on my land. And with the money that I can get from selling my development rights, I might even be able to buy more farm land...
...WILLIAM HALSEY WOOD Little Compton...
Further, stock options, severance agreements and early-retirement plans make it possible to end one career in time to begin a new one in public service, teaching, or some other humane pursuit, and a growing number of executives are taking the opportunity. Some examples: Halsey Smith, 52, became president of the Casco Bank in Portland, Me., when he was 34 and was named chairman at 48. He quit last September, 20 years to the day after he joined the bank, and now heads a research and advanced studies center at the University of Maine. Henry Hall Wilson, 52, earned...
...Crusaders, a fast-break, run-and-shoot ball club, will rely on the shooting of Moulton, Halsey, and reserve forward Dee, averaging 23.5, 12.5, and 15.0 p respectively...