Word: sec
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Dates: during 1940-1949
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...yard dash - Won by Pirnie (scratch); second, tie between MacKinnon (scratch) and Recinos (4 yards). Winning margin - 0.1 sec...
...yard dash - Won by Pirnie (scratch); second, Frymark (10 yards); third, Smith (5 yards). Winning margin - 0.2 sec...
...yard run - Won by Slingerland (20 yards); second, Pifer (20 yards); third Graves (scratch). Winning margin - 1.0 sec...
...became trustee of the McKesson reorganization. The McKesson reorganization was the first big case under the new Chandler Act (Chapter X of the Bankruptcy Act), and was therefore watched closely by lawyers as a test of the new law, which is designed to hasten reorganizations under the eye of SEC. Last week, the McKesson reorganization looked like a distinct legal success. The amended trustee's plan was submitted to the court on Jan. 27, agreed to by creditors, bondholders and stockholders alike, passed by SEC as "fair, equitable and feasible" last week, and approved by Judge Alfred C. Coxe...
...they might well have got tough in return by suing to get their companies back or leaving McKesson and taking their local customers with them. But if he let the directors off too easily, Trustee Wardall could hardly have satisfied the other stockholders, not to mention the judge and SEC. He trod these eggs skillfully enough to get more than $600,000 (par value) in McKesson preference and common stock from the directors. He also shook $522,400 (most of it covered by Lloyd's) out of Price, Waterhouse (TIME, Dec. 2), the accountants whose eyes Coster...