Word: holdouts
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Dates: during 1930-1939
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This year the Institute is solvent, with 80 member schools, 3,000 students enrolled at $15 a head. Once more the only holdout was Harvard. So heartened by the proceeds of his successful Ball was Board Chairman Kahn that he planned to revive instruction in sculpture and the Manhattan classes abandoned two years...
...this big Chicago packing house put through a recapitalization plan providing, among other things, for the payment of $12,600,000 in dividend arrears, not in cash but in stock. The payment was accepted as a satisfactory settlement by the owners of 99% of the shares affected. Among the holdouts was a Wall Streeter named Joseph Keller, who figured that if back dividends were to be paid at all he was entitled to hard cash, $21.25 on each of his 500 Class A shares. Hiring a smart Manhattan lawyer named Abraham L. Pomerantz, he filed suit in Delaware, where Wilson...
...idea of paying $135,000 for a minority interest whose book value was only $1.800 was too much even for the great New York City utility. Last week, however, either Mrs. Murray relented or Consolidated reconsidered: the utility announced that at long last it had acquired the famed holdout shares. Price: unrevealed...
...cost S. P. only $1,153,000 and would put F. & N. out of business. The "parallel track threat'' will never serve to arbitrate differences between major railroads, but railroadmen last week thought the I. C. C. had found a potent way to drag small railroads from holdout corners...