Word: lehmans
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Dates: during 1950-1959
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FORD'S TOP BRASS will join with Wall Street's Lehman Bros, to form new open-end, i.e., unlimited shares, mutual fund. Lehman will underwrite and manage fund, will have it buy out Aurora Corp. (assets: $36 million), an investment firm owned largely by Ford executives. New fund, called One William Street Fund, will have Ford Chairman Breech and four other Ford veterans on 13-man board...
...well. Smith emerges as a cocky, jaunty politician, the man who reorganized New York's State government and gave it an honest and popular administration. He shows through as the Smith who in 1933 threatened to lick Tammany on "a Chinese laundry ticket," if it wouldn't back Herbert Lehman...
Around the world, another year began for three wise old men: in Seoul, South Korean President Syngman Rhee, 83, watched fireworks and a military parade celebrating his birthday; in Manhattan, energetic ex-Senator Herbert Lehman, 80, conceded that "I do have a tendency to get tired if I stay up past 2 a.m."; in Budapest, sad-eyed, flinty Josef Cardinal Mindszenty turned 66, spent a quiet day, his 511th as a refugee in the U.S. legation...
Mayor Wagner named two mediators who are highly regarded by both sides: former Democratic Senator Herbert Lehman and Harry Uviller, impartial chairman of the dress industry. After their appointment, agreement was promptly reached this week on wages (a package increase of about 12%), leaving only the last details of contract enforcement to be worked out. Said Management Spokesman Nat Boriskin "We in the garment industry are one big happy family. Myself, I'm a happily married man, but even my wife and I have a few words every now and then...
...Manhattan to honor nine Mississippians who have made good north of the Mason-Dixon Line. Among the former Magnolia Staters appointed honorary colonels and aides-de-camp to Coleman's staff: the New York Times's Managing Editor Turner Catledge, Musicomedy Director (Jamaica) and Composer Lehman Engel, and the littlest colonel, ten-year-old Eddie Hodges, carrot-topped standout in the new Broadway hit musical The Music...