Word: lynch
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Dates: during 1950-1959
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...motion for re-election of John B. Atkinson as City Manager will probably be brought from the sub-committee of finance to the Council proper at the Council's meeting next Monday, City Councillor John D. Lynch yesterday told the CRIMSON. The move, which would terminate 19 weeks of bickering, would not guarantee his election, but would bring the issue into the open...
...Lynch made the same motion at yesterday's meeting, but saw it defeated five to three, with Chester A. Higley and Edward J. Sullivan the only other councilmen supporting the measure...
...Lynch seemed heartened when interviewed afterwards, asserting that "he'll probably get it at the next meeting when Foley and Sennett vote for the election." He referred to councillors George H. Foley and Francis L. Sennett, who up to now have bitterly opposed Atkinson's election...
Higley, who has opposed Atkinson for a good part of the four and a half month controversy, stated, "I'm in favor of his getting elected right away--I only opposed him on small, separate issues." Sullivan, like Lynch, has supported the Manager during the whole controversy. Councillors W. Donnison Swan '17, Edward A. Crane '35, Hyman Pill and Mayor Joseph A. DiGuglielmo '29 have always opposed Atkinson...
...months ago, prodded by Congress, GAP put Schering up for sale. Last week it was sold to the highest bidder, brokerage firms Merrill Lynch, Pierce, Fenner & Beane, Kidder, Peabody & Co., and Drexel & Co., who had joined with more than 70 other investment houses to make the bid. Price: $29,131,960. The high price surprised Wall Street, since Schering stock has a book value of about $26 a share, against the syndicate's bid of about $66. This week the syndicate is splitting the 440,000 shares four to one, will put them in the market at $17.50 each...