Word: penns
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Dates: during 1950-1959
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Harold J. Kennedy and Albert Penn have provided sure-handed direction on a suitably run-down set by Stuart Whyte. And someone deserves a program credit for Miss Bartley's outlandish costumes...
...proxy fighters is a tough-talking, dapper Washington lawyer named Alfons Landa, who admits that his role in more than half a dozen battles has made him "as popular as a skunk." Last week Landa, 60, won his biggest battle by unseating pudgy Leopold Silberstein, 54, from the sick Penn-Texas Corp., taking over as president at $36,000 a year. (Silberstein will collect $40,000 a year for five years as an "adviser.") Landa got into the fight nearly two years ago when Chicago's Fairbanks, Morse decided to back him financially as a counterirritant to Silberstein...
...Cool $1,000,000. Landa's most notable fight, before Penn-Texas, was at Fruehauf Trailer Co. There he defended President Roy Fruehauf against a raid after brother Harvey Fruehauf sold a large block of stock to the Detroit & Cleveland Navigation Co. Landa proceeded to raid the raider, made himself a cool $1,000,000 on Fruehauf stock during the fight. Landa welcomes allies from any quarter. During the Fruehauf fight, he negotiated a $1,500,000 loan from the then Teamster President Dave Beck to finance Fruehauf stock purchases...
Landa has never stayed long in one place once he has made his money, but he plans to make Penn-Texas an exception. "Within six months to a year," he says, "I'll stem the flow of blood." Apparently many Penn-Texas stockholders think he can do it. Penn-Texas stock, which plummeted during Silberstein's reign from $22.87 to $2.87 a share, last week gained $2.75 to close...
...strength of Landau's two wins, a fourth by John DuMoulin in the hammer, and a fifth in the javelin by Skip Pescosolido the varsity scored 13 points, good for a sixth place tie with Penn. Favored Villanova nosed out a surprising Penn State team to retain its title...