Word: mergers
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Dates: during 1950-1959
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...little (pop. 260) Montreal, in North Carolina's thickly wooded Blue Ridge Mountains, 450 commissioners (delegates) of the 757,701-member Presbyterian Church in the U.S. (Southern) met for their annual general assembly. No. 1 item on the agenda: a plan for merger with the Northern Presbyterians (2,500,000 members) and the United Presbyterians (300,000 members). The proposal had been discussed since 1938 and opposition to the idea was strong; in 1948 the General Assembly had postponed consideration of it for five years...
...Sent to Congress four reorganization proposals, including 1) a merger of all foreign information services, now carried on by State, MSA, Point Four and occupation authorities, into a new U.S. Information Agency, and 2) the abolition of MSA in favor of a new, broader Foreign Operations Administration. Both will be under the State Department's policy guidance...
...Daytona Beach's measured mile in 1910. Gottlieb Daimler, whose company merged with Benz's in 1926, built the first practical gasoline-driven car, and turned out luxurious limousines for royalty (e.g., England's Queen Alexandra and Germany's own Kaiser Wilhelm). After the merger, Daimler-Benz (with France's Bugatti and Italy's Alfa Romeo) dominated European road racing until World...
...merger was anything but Newton Grove's idea. Bishop Vincent S. Waters of Raleigh, a Virginian by birth, ordered it in a letter read from the pulpits of both churches on April 19. The tiny farming community has been in an uproar ever since. "Why did the bishop do it?" asked 74-year-old John Monk, nephew and namesake of the founder of Newton Grove's first Catholic church, and plenty of his neighbors agreed with him. They petitioned Bishop Waters, and many of them said they would take their worship elsewhere...
BROWN Shoes ("Buster Browns"), having bought up two competitors in the past month, will soon take over Regal Shoe under an agreement reached with Regal stockholders last week. It is the latest in a series of merger deals in the shoe industry stemming from the fear of tough competition ahead and higher costs resulting from rising prices for top-grade hides...