Word: parent
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Dates: during 1940-1949
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Last December, an argument over utility equity financing was precipitated by SEC's mooted Consumers Power decision (TIME, Jan. 8), in which Wendell Willkie of Commonwealth & Southern (Consumers' parent) was told he could not raise $10,000,000 of new money by selling Consumer bonds, should sell stock instead. Willkie, who agrees that equity financing is desirable, argued that the public would not buy stocks at reasonable prices, while they are willing to take bonds at low rates. The issue over equity financing boiled down to a question: could common stocks be sold at reasonable prices...
...most university students had temporary childless marriages," placidly continued to meet his classes at the University of California at Los Angeles. He remarked: "A man expects that sort of attacks. It is best to ignore them." Meanwhile, to Earl Russell's defense came City College teachers, the parents of City College students, hundreds of educators, philosophers and clergymen, among them John Dewey, University of Chicago's President Robert Maynard Hutchins, University of California's President Robert Gordon Sproul, Smith's President-emeritus William Allan Neilson, Harvard's Professors Alfred North Whitehead and Harlow Shapley, Princeton...
...like the branches of a banyan tree. This is because of its working (29.7%) control of Aviation Corp., which in turn owns outright a third-layer subsidiary, Aviation Manufacturing Co. AMCO owns Stinson (military and commercial planes), Lycoming (engines) and 60% stock control of Vultee (military planes). Furthermore, its parent Aviation Corp. owns potential working control of American Airlines, through $2,422,113 par value of American Airlines debentures which are convertible (at $12.50 a share) into common stock. If these debentures were converted (market price of American Airlines common: $48) Aviation Corp. would have not only...
...Corp. The meeting was in Tulsa that afternoon, and unless he got there in time, a deal was going through whereby the individual stockholders were going to be reduced to a mere 13% minority and control of the company was going to return to Barnsdall Refining's onetime parent, Barnsdall...
Many a doting parent writes down for safekeeping his child's first baby words. But Dr. Werner F. Leopold, a professor at Northwestern University, outdid most parents. He made a daily record of his child's words for seven years. Last week he published part of this record as scientific research...