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...such liquor to any such minor, except on the order of a practicing physician, shall be subject to the penalties-up to a year in jail and/ or up to $1,000 fine. Booked under this statute were a vice president of the Johns-Manville Corp., a psychiatrist, an Olin Mathieson Chemical Corp. executive, a consulting engineer, their wives and a public-school science teacher who was moonlighting as a bartender at one of the parties, as well as another bartender, two caterers and part-time waiters. Judge Eielson's regret seemed to be that he could not fill...

Author: /time Magazine | Title: Youth: The Drinking Problem | 10/2/1964 | See Source »

...lost long months before on the designers' drawing boards. Sovereign's Scott actually put his boat across the starting line five lengths ahead. But Rival Helmsman Bob Bavier simply sailed Constellation through Sovereign's lee, within 15 minutes had a ten-length lead as Designer Olin Stephens' powerful hull knifed smoothly through the buffeting swells, while Sovereign pounded like a flat-bottomed scow. When Constellation swept across the finish line, Sovereign was 21 miles and more than 20 minutes behind. Aboard the British tender, Sovereign's designer, David Boyd, hid his face in his hands...

Author: /time Magazine | Title: Sailing: The Knife & the Scow | 9/25/1964 | See Source »

...well. "I really like Hubert," he says, "but I know the difficulty of carrying that load in the South." At any rate, he accepted the duty, seconded Humphrey, and even looked as though he enjoyed it. Johnson also arranged for a domesticated Deep Dixie Senator, South Carolina's Olin Johnston, to make the motion that Humphrey be nominated by acclamation...

Author: /time Magazine | Title: Politics: All Over? Or Just Starting? | 9/4/1964 | See Source »

Main points of the court's rulings: > Major companies will find it tougher to initiate joint ventures. Last week's case in point involved the Penn-Olin Chemical Co., set up on a fifty-fifty basis by Olin Mathieson Chemical Corp. and Pennsalt Chemicals in 1960 to make sodium chlorate for use in the pulp and paper industry. A lower court had dismissed a complaint against the creation of the firm. But the Supreme Court said, in effect, that companies cannot enter joint ventures if there was a "reasonable probability" that either would have gone into the line...

Author: /time Magazine | Title: Mergers: New Powers for Trustbusters | 7/3/1964 | See Source »

Constellation, the other new twelve, comes from Olin Stephens, 56, who has already designed two of the world's fastest twelves, Vim and Columbia. She is, he says, "a lot like Columbia, with some tendency to fill out the bow more." But he does have a few new tricks: a scimitar-shaped rudder something like Eagle's and a radical new mast whose top third is made out of titanium, and can be bent back by guy wires without danger of snapping, to give the sails the best possible set. Under Constellation's mast is a spike...

Author: /time Magazine | Title: Yachting: For Country & for Mug | 5/29/1964 | See Source »

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