Word: optionable
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Dates: during 1950-1959
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...later meeting of outside stockholders representing shares worth $250,000. Ratliff produced a letter from Halsey, Stuart's President H. L. Stuart saying that 1) "the original request for a voting trust came from Mr. Ferger as a condition of him continuing as publisher," and 2) the stock-option deal was put through "without our knowledge . . . I certainly do question the moral action in devaluing the options which we had through our debentures...
...Boeing a boost with a $30 million order for five 707s packing Pratt & Whitney J75 engines (v. smaller J57s on earlier 707s), will use them on both overseas and domestic runs. Sales score to date: 69 of Douglas' DC-8s, 60 of Boeing's 707s, including an option for five from Belgium's Sabena Airlines...
...game. It hardly seemed to matter that the extra-point kick was wide. Whenever Welsh dropped back to pass, the Navy line gave him plenty of time. And he was almost always on target. When the Army secondary dropped back to cover. Welsh rolled wide into the option play, sent little Peanuts Gober scampering downfield or handed off to Fullback Dick Guest, who ground out yardage up the middle...
Stahura, fading back on a pass option, elected to run--run he did--to the Yale 49, and then cut loose with three completed passes in four plays. The first one to Joe Crehore moved the ball to the 18. The third, a spot pass to Lewis, moved the ball to the nine. A play later, Stahura threw still another pass...
Gamble Or Lose Out. Eight years ago the company was in quite another spot. Though old (founded in 1875) and respected, conservative Conoco was in danger of being left far behind by its competitors. While other companies snapped up leases and bought options, Conoco refused to part with good money unless it could be sure. Since oil is usually a case of gamble or get left out, Conoco was being left out. To get fresh leadership, the directors hired McCollum, then 45 and production coordinator of giant Jersey Standard, gave him a fat stock option (which today shows a paper...