Word: pollak
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...trusteeship of CORP. Judge Leibell appointed Economist Willard Thorp and Pennsylvania Utility Commissioner Denis Driscoll (TIME, March 11), charged them with administering the system. To the trusteeship of Co. he appointed Trial Lawyer Walter Pollak, competent to sue and retrieve assets. Since SEC had veto power over these appointments, many a utility fan naturally assumed that they were an SEC slate...
Fortnight ago, they learned better. A loud second-class row developed between SEC and Co. Trustee Pollak. Co. is in reality just a set of books, hadn't had an employe for eight years until the Hopson crowd made Washington Lawyer Roger Whiteford its president during the system's last 100 days of freedom-and even he could not collect his salary from an empty till. Biggest joke about the reorganization has been that the trustees have talked and acted like big businessmen, while for months they too were unable to collect their salaries...
...started when Co. Trustee Pollak, down to his last corporate cup of coffee, attempted to sell securities to raise some money, and at the same time SEC got tired of muttering to itself: "When will he start to sue CORP.?" When lawyers for SEC, a party to the reorganization under the Bankruptcy Law, demanded that he use the money he proposed to raise to get on with his lawsuit, Pollak made headlines by echoing the cry of many a businessman: "SEC persecution...
Richardson the mound for lampy, while W. R. Zwonkas Sisson the Bench. Meanwhile that Pollak with a Bowle knife will Cutler throat of E. P. Zwonkas Jester see the Crimson over all (blood of course...
Although Dapper Dave Coulter, veteran Scotch curling champion and coach of the CRIMSON team for nine years, declined to name either the starting lineup or the final score until Thursday morning, he did indicate that he might call on Charles N. Pollak '40 for mound duty...