Word: taking
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Dates: during 1950-1959
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Three years ago Chalk bought Washington's well-hated, strike-bound transit system from Louis Wolfson, who had milked it of millions. Chalk put up only $500,000 of his own money, borrowed $9,100,000, plus a $3,900,000 mortgage, to take over a company with a book value of $27 million. He started out by painting Washington's buses glaring green and coral, installed shapely stewardesses on streetcars, last summer rolled out 100 new buses (67 of them air-conditioned) in a downtown parade with four bands, bathing beauties, clowns, calypso dancers. Hoopla-and hustling...
...surface lines (554 miles) are often slow, sporadic, smelly-and they are running $17 million in the red this year. Last week a private operator offered to relieve New York of this financial headache, reportedly was ready to pay upwards of $500 million in cash and bonds-give or take a few million-for the $2.1 billion transit system. Said O.(for Oscar) Roy Chalk, 51, able admiral of D.C. Transit System, the national capital's surface lines: "I'd like to prove that private enterprise, with $1, can go 50 times the distance that public enterprise...
Attacking control of policy decisions by administrators and trustees, Flemming called on scholars to take a more active role in formulating non-academic policy. He also suggested that colleges make a greater effort to present to Congress their views on legislation concerning education...
...only did Dyke Benjamin's attempt for a University mile record fall short, but the Crimson ace was forced to take second to teammate Jed Fitzgerald, who set another meet record with...
...brilliant performance. John Bronstein set a meet mark in winning the discus with a 158 ft., 3 3/4 in. toss, and shot putter Hank Abbot broke another record with his 50 ft., 3 in. heave. Stan Doten came through with an excellent 151 ft., 9 1/4 in. throw to take second in the discus, and Steve Cohen put the shot 48 ft., 6 in., his best ever, to beat out Princeton's Bill Fisher for second place...