Word: ownerships
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Dates: during 1950-1959
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...York Stock Exchange, succeeding Richard M. Crooks, who declined renomination. A partner of the investment firm of Dean Witter & Co., and a governor of the Exchange since 1949, Scott has been a leader in the Exchange campaign to sell the public on the advantages of stock ownership. George Keith Funston continues as the $100,000-a-year president and chief executive officer of the Exchange...
...Keith Funston, President of the New York Stock Exchange and former president of Trinity College, Hartford, Conn., will speak at the Business School today on "The Extension of Share Ownership in the United States...
...loading up on the railroad's stock. The Central's directors now hold not 13,750 but 106,622 shares (out of 6,447,410 outstanding), chiefly because Director Harold S. Vanderbilt has increased his holdings from 10,000 shares to 60,000. The Young slate claimed ownership of 1,089,880 shares, or about 17%. But the big end of the Young group's holdings is the 800,000 shares listed for Texas Oilmen Clint W. Murchison and Sid W. Richardson, which the Central still refuses to transfer to the Texans in its record books (TIME...
...another way: by helping new capital to flow into industry. They would cut the tax on dividends, which are now taxed twice-as corporation earnings and as stockholder's income. Republicans have defended the plan on the ground that millions would benefit from it, because of the wide ownership of stocks. While it is true that members of industry's many pension plans (which are big buyers of stocks) would stand to gain in the long run from lower taxes on dividends, the facts of direct stock ownership tell a different story. The Brookings Institution has found that...
...band of the original subscribers are suing to get their stake back, either in cars or money, and have recently won a tentative court decision that they have a legitimate claim. Until that suit is settled, there is little hope of finally settling Volkswagen's ownership...