Word: ousts
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When Prosecutor Chamberlain squeaked past Representative Don Hayworth in 1956, he was one of only nine U.S. Republicans to oust incumbent Democrats from House seats. He landed in Washington with bright expectations: "I was kind of steamed up about being on the team and finding out who the quarterback was." He found out all right: the only quarterback for Chuck Chamberlain was Chuck Chamberlain. "My God," he recalls, "the Welcome Wagon came out to see Mrs. Chamberlain when we had the electric meter hooked up, but nobody from the Republican high command came around to see me." From House Republican...
...control, which saw almost all the company's stock taken out of circulation. Originally, the shorts had sold at a price of about $42, expecting the stock to decline because book value and earnings indicated a price closer to $30 a share. They guessed wrong. Trying to oust the Bruce family management, which owns 31% of the 314,600 shares outstanding, New York Manufacturer Edward Gilbert and his associates began buying, sent the price to $77 by June. More than 280,000 shares were traded, including at least 16,000 short sales. So badly squeezed were the shorts that...
...unions, the Air Line Pilots Assn. (A.L.P.A.), which negotiates for the nation's 15,000 airline pilots, and the Flight Engineers' International Assn.. which speaks for 3,500 U.S. mechanic-engineers now working on big DC-7s and Super Constellations. In the pilots' attempt to oust the engineers, says Western Air Lines President Terrell C. Drinkwater. "we were selected as a guinea pig for the entire industry...
PROXY FIGHT to oust Penn-Texas Boss Leopold Silberstein will be attempted by three directors: Robert C. Finkelstein and Wallace S. Whittaker, who were elected by anti-Silberstein rebels last year, and Major General Charles T. Lanham, onetime Silberstein ally. They are trying to win over three neutral directors who swing power balance on eleven-man board...
...months ago to remove a political irritant-skinny little pro-Communist Kamejiro Senaga, mayor of Okinawa's capital and chief city, Naha. The method: Lieut. General James E. Moore, U.S. High Commissioner, rewrote Naha's laws to permit the city assembly's conservative majority to oust the mayor on a vote of no confidence, then effectively barred his re-election by decreeing that no convicted felons could hold office (Senaga was jailed by the U.S. authorities in 1954 for harboring a Japanese Communist...