Word: holderness
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NORTH AMERICAN CO., once holder of a multi-billion-dollar utility empire (13% of all U.S. power), has finally disappeared from the New York Stock Exchange. After fighting off dissolution under the Holding Company Act for 13 years, North American shareholders last week traded their holdings for 1.7 million shares in St. Louis' Union Electric Co., will soon hand over to Union Electric all remaining assets, including about $700,000 in cash...
Died. James B. Verdin, 36, Douglas Aircraft Corp. test pilot, World War II winner of the Navy Cross and the D.F.C., holder of the three-kilometer air speed record of 753.4 m.p.h. set in a Douglas Skyray at Salton Sea, Calif., on Oct. 3, 1953; when he bailed out of his disabled Skyhawk jet bomber over California's Mojave Desert...
...Student Council first awarded a scholarship to a University of Berlin student in 1952. The next year six more German students, including one from Berlin, came to the U.S. Gunter Itischer, a Dunster sophomore, is the holder of the Council scholarship...
...annual Honors List of Britain's Queen Elizabeth was published with a rare omission: no famous author or actor appeared in the roster of nearly 2,000 British subjects who made the grade. The Aga Khan, 77, who as holder of four British knighthoods can already call himself Sir Mahomed Shah, got a fancy new title, mostly for his aid to Moslems in Britain's East African colonies: Knight Grand Cross of St. Michael and St. George. Britain's urbane ambassador to the U.S., Sir Roger Makins, 50, joined the Aga Khan in the same order. Australia...
Michael Karpovich, Chairman of the Department of Slavic Languages and Literatures, will become the first holder of the newly established Curt Hugo Reisinger Professorship of Slavic Languages and Literatures, McGeorge Bundy, Dean of the Faculty of Arts and Sciences, announced last week...