Word: olds
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Dates: during 1920-1929
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...Five. No uncommon occurrence is a stock split-up on a five-for-one basis, involving exchange of five new shares for one old share, but a stock split-up involving one new share for five old is not so unusual or so pleasant. Such, however, was the arrangement last week urged by P. A. S. Franklin, head of International Mercantile Marine Co. (operating the White Star,* the Red Star and other lines), who suggested reduction of capital from 120 million dollars to 30 million. Not only were common stockholders asked to turn in five shares for one, but holders...
...would make that city attractive to him, preferred to stay in Spokane. Rector Russell Bowie of Grace Church, Manhattan, declined next, and then Dean William Scarlett of Christ Church Cathedral, St. Louis. The situation was beginning to suggest that Irish-born Bishop Thomas James Garland of Pennsylvania, a fibrous old gentleman of 62, was a man with whom other, younger men, were not eager to work. Bishop Garland parried this suggestion with a wry suggestion of his own. "They all seem to be afraid of hard work," he said. "It rather amuses me" (TIME, March...
Last week convening clergy and laymen of the Pennsylvania diocese, by no means desperate but evidently spurred by their necessity, announced the election of yet another man. Turning again to New England, they had singled out, for their fifth choice, Headmaster (Dr.) Samuel Smith Drury of famed, old-established St. Paul's School at Concord, N. H., largest Episcopal private school...
...Drury had been offered the rectorship of Trinity Church, Manhattan. No man before him had ever refused that election. But Dr. Drury did not hesitate to refuse it. At that time he explained that he would not, could not, leave his boys. Three-quarters of a century old, possessed of a rare tradition in its first headmaster, the late, great Dr. Henry Augustus Coit, St. Paul's is excelled by no U. S. school, emulated by many, equalled by only two or three. Although St. Paul's stresses democracy few of its alumni are not in Social Registers...
...marked contrast to Episcopalian difficulties in Philadelphia was last week's Roman Catholic news there. Needing an auxiliary bishop for the diocese, Pope Pius simply appointed 34-year old Monsignor Gerald P. O'Hara of Philadelphia, now secretary to Philadelphia's Denis J Cardinal Dougherty...