Word: ownership
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Dates: during 1940-1949
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Sticky. In Wisconsin Rapids, Wis., ownership of a lot was transferred from Alma Gleue to Henry Gumy...
...thing that has kept John Hart's coalition Government together for four years is an admitted fear of the CCF-a fear so real that the coalition has fought socialism with socialism's weapons. The coalition has, for example, embarked on a program of public ownership of public utilities...
...first nation to be attacked by the European dictatorships was feeling its oats. In Addis Ababa last week, the Ethiopian Foreign Affairs Department demanded sovereignty over the former Italian territory adjoining its frontier. That territory, Italian Somaliland, is now British-occupied- and Britain has its own ideas about the ownership of the strategic Red Sea littoral. The same day, the British Government made a formal presentation to Haile Selassie, Emperor of Ethiopia, King of Kings, Conquering Lion of Judah: a sleek new Rolls-Royce limousine. Territorial claims could be discussed later...
...save another $324,000 yearly by calling in the $7,452,300 in preferred stock, which pays dividends of 6% and 7%, replace it with bonds paying 2½% interest. Committeemen were sure that Boren had been needled into his blast by 1) Omahans who still oppose public ownership, 2) preferred stockholders who hate to give up their well paying investment. Actually, Omaha is well pleased with...
...high dudgeon, Mr. Bloomingdale (who does not want his 12% ownership of Federated lessened by a new stock issue) tossed off a letter to stockholders. He said-and minced no words saying it - that Federated's $100,000-a-year bigwigs had all the incentive they need. The plan, he wrote, is actually a device to give executives a salary increase "not subject to ordinary income taxes" but only to capital-gains taxes (25%). For example, said angry Mr. Bloomingdale, if Fred Lazarus should make $50,000 by a rise in the price of any stock purchased, "he would...