Word: penns
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Dates: during 1950-1959
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...next contest for the squad after this afternon's game, will be a contest with Penn here at 2 p.m. this Saturday afternoon...
...Fairbanks, Morse & Co. left everyone still in suspense. In Chicago last week, the company's annual meeting was held as scheduled, but it produced no winner. Led by President Robert H. Morse Jr., F-M's management hurled a lawsuit against Financier Leopold Silberstein and his Penn-Texas Corp., alleged that Silberstein acquired thousands of F-M shares and voting rights "illegally" through Swiss banks and other mysterious sources (TIME, March 25), is not entitled to vote them. Hearing the preliminary arguments, a U.S. District Court halted further proxy solicitation by either side, and impounded all proxies until...
Another ally that F-M's management is counting on is time. Claiming that Penn-Texas now owes more than $22 million for F-M stock, the Morsemen say that Silberstein has nothing to show for it so far except the prospect of a long legal battle. Moreover, the fight has done Penn-Texas no good financially. While 1956 net income totaled $7,074,000, some $4,846,000 was from nonrecurring items such as the sale of plants (later leased back) to raise cash for F-M stock purchases. The company's true net income (not counting...
Schedule: April 20, Dartmouth; 27, Princeton; May 4, Cornell, Penn at Philadelphia; 11, at Yale; 18, Heptagonal Championships at New Haven; 31, IC4A Championships at New York; June 22, Harvard-Yale vs. Oxford-Cambridge at the Stadium...
Gilmor, winner of eight of ten matches at 177, also advanced to the quarterfinals, only to lose a 7 to 4 decision to Les Walters of Penn State...