Word: sec
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Dates: during 1950-1959
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...take over the chairmanship. Son of a well-to-do family (Demmler Brothers Co., distributors of sheet-metal products), Ralph Demmler attended Allegheny College and the University of Pittsburgh, was admitted to the Pennsylvania bar in 1928, and became a specialist in corporate and banking law. No stranger to SEC procedure, Demmler worked with the commission on cases involving Pittsburgh's Mellon National Bank and Trust Co. and the Duquesne Light Co., handled all the legal matters for the Equitable Life Assurance Society's development of Pittsburgh's 23-acre Golden Triangle Gateway Center development...
...starter's gun, Belgium's Reiff set a fast pace, running the first quarter in 62.7 sec. Finland's Johansson took over the lead for the next quarter, was timed at the half in 2:05.2. Then, with a burst of long strides, Wes Santee took over. He tore past the three-quarter mark in 3 :03.5, then reeled off the last quarter in a dazzling 0:58.9 to breast the tape in front at 4:02.4. His time was precisely one second off the world record set by Sweden's Gunder Hagg...
Jimmy went home to New Jersey, raised some cash, bought revolving tubs and pressing machines, and took a two-day course in how to run them. Soon he offered Port-au-Prince its first nettoyage à sec. After the predictable number of mangled sleeves and missing buttons, Jimmy's crew of five began to get the hang of dry-cleaning. The tele jiol (Creole for word-of-mouth telegraph) advertised his service, and bundles of clothes poured in on muleback and in baskets on peasant women's heads. Jimmy expanded his plant, opened a laundry (the Blanchisserie Jimmy...
...SEC may soon be short of a working quorum because of a patronage squabble. Philadelphia Lawyer Ralph Demmler is slated to become chairman, but Senate approval of his appointment has been held up by Pennsylvania's Senator Ed Martin, who is irked because Ike's aides neglected to check with him. Meanwhile, Commissioner Richard McEntire and Chairman Donald Cook are ready to step down, leaving only two commissioners-not enough, under law, to run SEC. Eisenhower's choices to fill the gaps: Democrat Andrew Jackson Goodwin, an Alabama banker, and J. Sinclair Armstrong, a Chicago lawyer...
...Fangio-both in Alfa Romeos-and Gianni Marzotto in his Ferrari. At the end of 950 miles, it was Marzotto's Ferrari, smaller and easier to handle than the huge Alfas, which crossed the finish line first in new record time: 10 hr. 37 min. 19 sec., for an average speed of better than 88 m.p.h. As expected, the little 1,500 c.c. German. Porsche jobs proved to be the secondary sensation of the race. Every one of them finished, the leader at a 75 m.p.h. average...