Word: option
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Dates: during 1950-1959
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...Land Option...
...former CAA administrator, CAB chairman and Under Secretary of Commerce for Transportation, who is now president of two Oklahoma City truck lines. In as director and executive committee member went Roy G. Woods, 54, Oklahoma oilman and owner of several trucking companies. Rentzel and Woods got a five-year option to buy 20% of Slick Airways stock (100,000 shares). Founder Earl Slick, whose family still owns 51% of Slick, stepped down to a directorship...
Individually, Cochran was the afternoon's star. Besides the sensational catch for the Crimson's second touchdown, the senior end played brilliant defensive football all afternoon, rushing the Yale passers, or limiting the Elis on their favorite play--a pitch or keep quarterback option play around right...
...knew nothing about airplanes, but he did know about good management, which was Martin's sorest need. He boosted morale by giving his top-management men leeway to make their own decisions, thus speeded up lagging production. To reward them, Bunker set up plans for bonuses and stock options. (Bunker himself has a $1.4 million paper profit on the option he got to buy 70,000 shares of Martin stock at $9.75 a share...
...shops, and ruthlessly cut the payroll on his railroad. Result: a net profit of $1,100,000 for September. Last week Bob Young laid aside the stick in favor of the carrot. To the Central's $100,000-a-year President Alfred Perlman, Chairman Young offered a stock option deal. Under the ten-year deal, President Perlman will be able to buy 32,000 shares of Central stock at $19.87½ per share, 75? above the current market price; he can buy 20% in two years, another 40% after three years, and the rest in 10% yearly lots...