Word: mclin
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Dates: during 1970-1979
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Since the '60s kids still hold relatively junior jobs, their influence remains limited. But just wait a while. Says Stephen McLin, 31, planning vice president for the Bank America Corp.: "The people from my generation are not driving the ship yet, but we can shape a little of what goes on. In a few years, we will take the helm...
...number of American corporations are feeling the presence of | executives in their thirties who, having been schooled in '60s virtues, want more openness and disclosure in business, more debate before making decisions, more flexibility in personal and professional styles. Says Stephen McLin, 30, a vice president for the Bank of America (an outfit some incendiary radicals kept trying to burn down about seven years ago): "The impact of this generation will be felt. But the time isn't now. It's coming in about four or five years...
After hearing repeated pleas from a number of wives last year, including his sister-in-law, Mrs. Frankie Ford, whose husband has been missing in action since 1968, McLin researched the problems. He found that Florida laws provided for situations in which a spouse is dead, mentally incompetent or absent by his own volition. There was no category for absent U.S. servicemen. As a result, wives who wanted to transact important family business were often helpless if their husbands had full or partial title to the property involved...
Cooperative Capitals. Responding to McLin's prodding, the Florida legislature has amended the state conservatorship law to allow P.O.W. and M.I.A. wives the power of attorney to sell property. For values under $5,000, the wife need only submit written notice to a judge for routine review. For amounts over $5,000, the legislature granted similar rights but authorized the state circuit court to supervise the proceedings in detail. That way the husband's interests would be protected in major transactions, such as the sale of a house...
Texas followed Florida's example, and McLin is keeping close tabs on the calendars of all state legislative sessions in hopes that his A.B.A. colleagues will be able to collar sympathetic legislators on behalf of the wives. With remedial legislation and first-rate legal assistance, at least one problem of the families will have been eliminated...