Word: solicited
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Dates: during 1960-1969
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What made the judge call the Popes stupid was an odd situation. The brothers were transferring funds between companies that were two-thirds or wholly owned by them and their families. Since they have enough shares to control Colonial, they did not have to solicit proxies, thus could have avoided making a false proxy statement. Whatever mysterious reasons the Popes had for the transfer (they have since returned $405,817 to Colonial), the judge chided the freewheeling brothers for ignoring their "definite responsibility to public stockholders...
...full-fledged recession," barked Labor Secretary Arthur Goldberg as he swept through five of the hardest-hit states in a headline-catching tour. "If we don't take the proper action, we'll be in a depression." Avowed purpose of Goldberg's "nonpolitical" mission was to solicit bipartisan support for President Kennedy's plan to pass a depressed areas bill, grant $1.2 billion in federal subsidies to extend the duration of unemployment benefits and aid the children of the unemployed. To a cheering audience of Gary steelworkers, longtime United Steelworkers Counsel Goldberg said grandly: "In years...
...tough and cynical as crooks. Success led inevitably to Hollywood, where, after creating The Thin Man, he doctored scripts, became a leader of the left-wing coterie. In 1951 he served six months in prison for refusing to tell a federal court the source of funds he had helped solicit for Communist Party bail jumpers...
...proxy war for control of the Alleghany Corp., the holding company that controls the New York Central and Investors Diversified Services, went to Murchison interests. Court ordered Alleghany Chairman Allan Kirby (TIME, Dec. 12) to turn over list of stockholders to Brothers Clint Jr. and John Murchison to solicit support for taking over the company...
...shown in political clubs results from the personal ambitions of their members and not from desire to perform service for the Harvard community. This aim to to perform services should be basic to the Student Council, but is not important to "more openly political organizations"--until they decide to solicit votes for professional politicians or even student politicos...