Word: trusts
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Dates: during 1950-1959
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...People who create trust funds for two or more years, the entire income of which must be paid to church and educational organizations, will not have to pay tax on this income, even though they get the property back after two years...
...fact is, however, that he does find the pearls; and, all things considered, he plays a pretty good game of marbles. He plays it like a healthy boy-knuckles down and fire away!-and trust to luck for a hit or a miss. He has no mind or time for the niggling refinements of taste. There is too much to be seen and done, too many wonderful things in the world that might be made into movies; and away he rushes, with his intellectual pockets full of toads and baby bunnies and thousand-leggers, and plunges eagerly into every...
...rank of lieutenant general in the Regular Army, wartime commander of the XIX Corps in the Battle of the Bulge and in the drive across the Elbe, postwar comptroller of the Army and member of the National Security Training Commission, board chairman of Oklahoma City's American First Trust and Title Co.; of leukemia; in Washington...
BANK MERGER between Boston's Second National Bank and the State Street Trust Co. will result in New England's largest state-chartered bank, with assets and deposits of $700 million...
...selling job was handled for the Government by Holman D. Pettibone, 65, retired board chairman of the Chicago Title and Trust Co., Leslie R. Rounds, retired vice president of New York's Federal Reserve Bank, and Everett R. Cook, a Memphis cotton merchant. The board first called for bids, then negotiated with the top bidders in an attempt to get a higher price. After seven months of bargaining, the board succeeded in raising original bids "substantially." Exactly how much the Government is getting for its synthetic-rubber plants will not be known until January, when the board reports...