Word: sol
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CHRYSLER PROBLEMS increase. Dissident Stockholder Sol A. Dann vowed to start a proxy fight to oust management. Deposed President William C. Newberg sued Chairman and President L. L. Colbert for $5,250,000, charging that Colbert conspired to make Newberg look dishonest to give himself "an aura of righteousness." Only cheery note: Chrysler 1960 earnings were $3.61 per share, first yearly profit since...
Four days after the Minor suit, Stockholder Sol A. Dann, the company's most persistent critic, revealed that Chairman Lester Lum Colbert's wife Daisy owned shares in Detroit's Dura Corp., a Chrysler supplier. Colbert admitted it, explained that she had owned 444 shares for a year at a cost of $6,800, made $2,900 profit when she sold early last year...
...Detroit, Boston and Chicago, and even in small towns; one of the best dancers, a Turkish girl named Semra, works at a roadhouse outside Bristol, Conn. The girls are kept booked and moving by several agents, notably voluble, black-bearded Murat Somay, a Manhattan Turk who is the Sol Hurok of the central abdomen. He can offer nine Turkish girls, plans to import at least 15 more. But a great many of the dancers are more or less native. Sometimes they get their initial experience in church haflis, conducted by Lebanese and Syrians in the U.S., where they dance with...
...years devoted all his energy, skills and love to keeping alive Manhattan's New Leader, won respect if not circulation (24,000) for the liberal, anti-Communist magazine of which he was heart, soul and executive editor; of a heart attack; in Manhattan. Ukraine-born "Sol" Levitas came to the U.S. at 20, returned to Russia when the Revolution began in 1917, served briefly as the Menshevik vice mayor of Vladivostok, but tangled with the Bolsheviks and spent several years in their jails. Making his way back to the U.S. in 1923, he mostly lectured through the Roaring Twenties...
Chicago department stores were among the best off: 1960's total sales trail 1959 by only 1%, and, spared last week's snows, Chicago expects holiday buying to put merchants over the top for the year. Chicago's big Discounter Sol Polk expects Polk Brothers sales to be up 5% for the season and year, is doing a boom business in aluminum Christmas trees and-despite the lack of heavy snow-home snowplows. More than 1,000 plows priced from $129 to $169 have already been sold v. only 100 at this time last year. Polk thinks...