Word: sallee
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When Westchester County Banker Charles E. Stahl and Ohio's Michael Di Salle, onetime U.S. Director of Price Stabilization, bought into U.S. Hoffman Machinery Corp. last month (TIME, April 15), the company sorely needed a transfusion. New President Stahl and Executive Committee Chairman Di Salle hoped to gain working...
Roth and associates had already lent $1,000,000 to U.S. Hoffman when Stahl and Di Salle were unable to pay the April 30 dividend. When the corporation could not meet its loan deadline. Roth agreed to buy Di Salle's and Stahl's shares at about a...
The old cardinal entered the ancient former Carmelite convent on the Rue d'Assas in Paris and paused on the stone stairway. Here, on Sept. 3, 1792, a howling mob of the Revolution had hacked to pieces 114 bishops and priests, thrown their dismembered bodies into the Seine. The...
New Faces. Last week Hyman Marcus, at 42, moved upstairs to become board chairman of U.S. Hoffman. In came a group of new faces. Charles E. Stahl Jr., a 42-year-old Westchester County banker, will become president, and onetime U.S. Director of Price Stabilization Michael Di Salle chairman of...
Honeymoon. Despite Hoffman's troubles, Stahl and Di Salle are confident of the company's soundness, hope to tighten up its administration and step up earnings. Says Di Salle: "We're moving in on a family that has several new marriages, and all newlyweds have to adjust...