Word: ownership
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Dates: during 1950-1959
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...favorably as a means of avoiding compliance with the Supreme Court rulings was the action that Leland, Miss. (pop. 4,736) had already taken, in anticipation of the desegregation order, by selling its city park to the local Lions Club for one dollar, thereby technically placing it under private ownership...
...easy friendliness that make him at ease with Kansas dirt farmers, Milwaukee matrons or millionaire Texans. He is not interested in who sells the stock-or in what companies-so long as the stock is sound. Says he: "A very small amount of personal savings goes into direct stock ownership. I'm not interested in how we split the pie. I want a bigger...
Last week Wall Street was baking a pie much suited to Funston's taste; it was getting ready to float the first public stock issue of the Ford Motor Co. (TIME, Nov. 14). To Funston, this was a "landmark in the history of the ownership" of American business. To brokers, it was the biggest stock pie they had ever seen ($400 million). And everyone seemed to want to buy a bite. Orders flooded in by mail and phone; thousands of people who had never ventured inside a broker's office got ready to shell out their savings...
Historically, the stock market has often been out of tune with the rest of the U. S., largely because investors represented a comparatively small part of the population. But as the base of stock ownership has been broadened, the market...
...employees and to be sold to the public, there will be 14,065,143 voting shares at first (until the Foundation or the family decides to sell more shares). The family's 40% of the voting rights will automatically drop to 30% if its B-stock ownership falls below 2,700,000 shares. If and when fewer than 1,500,000 B shares remain, the family will no longer control a specified percentage of voting rights but will have one vote per share, like common stockholders...