Word: ownership
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Dates: during 1950-1959
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UPJOHN CO., only privately owned ethical drug company among top five U.S. drug houses, will end 72-year family ownership to become publicly held firm. Upjohn plans to give present stockholders 25 shares in new firm for each one held in old, with option to sell shares publicly...
...Last winter the Administration gave the private citizen and private enterprise a helping hand-not a federal wheelchair. Now the recession is rapidly running out. Personal income is at an alltime high. Last month unemployment dropped by 600,000. Gross farm income, per capita farm income, land values, farm ownership are up or at record highs. We should be able to keep the consumer price level stable over the next year-and isn't that great news for every family in America...
...those of their wives and children. If any should make false statements or refuse to answer, their properties would be confiscated by the government. The idea, he explained, is to "chuck out all corrupt officials." And he promised future bills, probably including a long overdue one for limiting land ownership in Iran and breaking up the vast feudal properties. Why was the Shah doing this to them? demanded the harassed and injured politicians. The Shah's reply: "I have a ten-year program of reforms. My object is to make our country a model country where basic freedoms will...
...conservative in outlook, served on the adventuresome Warren court not as a guiding rudder but as a valuable anchor to windward. Last year, in one of the most important Supreme Court minority opinions of the decade, Burton powerfully dissented from the ruling that Du Font's 23% stock ownership of General Motors violated antitrust laws (TIME, June 17, 1957). He authored last May's conservative-leaning opinion that a worker kept out of his place of employment by a union picket line may sue the union for damages in a state court (Warren and Douglas dissented...
...found itself in an awkward spot ever since the French granted Morocco independence in 1956. Lacking any agreement with the new nation, the U.S. was forced to rest its case on the lease it had signed with the French government five years before. In fact, France still claims technical ownership of the bases...