Word: landa
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Dates: during 1950-1959
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...Alfons Landa, Washington attorney, who is a Fruehauf stockholder and director. So grateful was Landa to Beck for saving the firm and his investment that he volunteered to split his profits from a stock purchase made possible by Beck's $1,500,000 loan. Informed that Beck had refused. Arizona's Senator Barry Goldwater chuckled: "This is the first time in all of these hearings that I have heard of Mr. Beck turning down anything...
Such tactics were heavily criticized by Washington Attorney Alfons Landa, a Penn-Texas shareholder and expert proxy fighter (TIME, Dec. 17). He heads a Penn-Texas "protective committee," financed with $80,000 from Robert Morse Jr., which was formed to start a backfire and perhaps oust Silberstein from his own company. Landa charged that Silberstein himself has shared secretly in huge, illegal profits from his stock deals, is putting Penn-Texas in the hole by overborrowing and selling off company assets to finance the campaign against Morse. Some examples...
...since Illinois law requires a two-thirds vote of shares for corporate merger, the Morse family holdings are enough to block any real union between the two companies. Moreover, if F-M stock drops after Silberstein wins-and Morse himself says it is much too high-the Morse-financed Landa committee may yet put Silberstein in hot water at Penn-Texas' own meeting in May by confronting him with some huge paper losses...
Worrying the rebels was the fact that the market value of Penn-Texas stock has slumped from this year's high of $19.62 to last week's $12.37. Charged a leader of another dissident group, Attorney Alfons Landa (who is also chairman of the executive committee of Fruehauf Trailer Co., and holder of 1,400 shares of Penn-Texas): "This case is alarmingly similar to Sydney Albert's Bellanca [TIME, Oct. 22]. In Bellanca, Albert had a whole safe full of unissued shares, which he traded for shares of other companies to gain control of them." Answered...
Shortly before his death, Tozzer completed a general study of Middle American archaeology, which has been described by his colleagues as a "monumental synthesis." He also published what is considered the outstanding English translation of the Landa manuscript, written by a Spanish bishop about...