Word: optioned
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Dates: during 1950-1959
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...economic integration in three years (economically, the Saarlanders profited more under the French welfare state, with its family subsidies and widows' pensions, than they will as Germans). To France goes the right to mine 90 million tons of its coal for the next 25 years and an option to buy one-third of its coal production forever after...
...Thing Lacking. CBS thought well enough of the prospects to buy 25% of UPA's stock for about $1,000,000 and to order a 26-show series for the current season. The network also has an option to keep the series going for seven years beyond that. In future weeks Gerald will preside over the same lively blend of the whimsical and the wacky. There will be cartoons on such artists and inventors as Henri Rousseau, Robert Fulton and Samuel F.B. Morse: the adventures of Dusty, a circus boy; comic versions of famous historic moments (Nero Fiddles...
...BOMARC MISSILE is set to go into large-scale production in spring. Planning final assembly plant for Air Force's long-range, ramjet, supersonic missile, Boeing has option on $22 million Ford Motor Co. plant at Richmond, Calif., is ready to spend $20 million to $25 million converting it, if zoning problems can be settled. Boeing also has option on large site around nearby Parks Air Force Base, may concentrate its missile output in San Francisco Bay area...
...produce oil, they had gas. But no one knew whether there was enough gas in the field to make it worthwhile to build a pipeline. Nevertheless, Jackson went to work to get the gas to market, persuaded a Wise County rancher to give him an 18-month option to drill three wells...
...Fairbanks, Morse's 1,372,125 outstanding, slightly more than the company's founding family, which still runs the company. The Morses are further weakened by a bitter family feud. Former President Charles H. Morse Sr. sold 15,000 shares to Silberstein, has given him an option to buy 27,220 more shares at the market price. Last week Morse's son, Charles Jr., resigned as the company's chief salesman to rail companies from Chicago to the West Coast, blaming his exit on "the substantial curtailment of our research and development program, particularly in diesel...