Word: trust
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Dates: during 1950-1959
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Wine & White Rock. Though he is a banker by trade. Yaleman Bierwirth, 58, has amazed the liquor industry by his daring. A first lieutenant in World War I, he spent ten years with a contracting firm before joining the New York Trust Co. as a vice president in 1929. He was made president in 1941. Four years ago, when National Distillers' longtime boss, Seton Porter, was looking around for a successor, Bierwirth took the $150,000 job on one condition: that National would go heavily into chemicals, which he considered the most promising field in industry...
Largest total endowment came from the Eugene Higgens Scientific Trust which left $250,000 to be divided among the School of Dental Medicine, the Medical School, and the Departments of Biology and Physics. The trust contributes each year the income from a $40 million endowment to further scientific investigation...
...highly possible that they will come back into the H.U.E.R.A. now that McNamara is president. The quiet man hesitates to make predictions about the future, but his optimism is supported by the record vote that backed him. In McNamara, the employees feel they have someone whom they can trust. And he can't be fooled by anyone...
Fingold had refused to act as plaintiff in a suit against the Corporation prohibiting the transference of books and specimens from the Arboretum to the new Herbarium. In Massachusetts, suits against a charitable trust--into which class the Arnold bequest falls--may only be brought in the Attorney General's name...
Booras advised Fingold that the Corporation's plan to remove material from the Arboretum does not violate the terms of the Arnold trust. Dodge claims that Booras "disregarded the proper legal principles that should have guided his conduct," and will ask the court to order Fingold to begin suit against Harvard...