Word: unpaid
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...announced that the New Haven's finances were so poor it could not pay some $2,000,000 interest charges due May 1 on its 4½% general mortgage bonds. Instead it will defer the payment, write its stockholders an IOU, and hope for better times -while the unpaid interest accumulates, thus making the eventual reckoning just that much steeper...
...said that he owed $25.33 in taxes on his 1955 salary. Though he wrote the service that his salary had been stopped, the revenuers were back again the next year with an additional demand for $69. Meanwhile, the school board began to get a bit embarrassed about having an unpaid crusader around. Last month, at the board's request, Janitor Andersson finally quit...
...page catalogue attracted more than 100 students from the U.S., and eventually 17 more from as far away as India and Korea. But as the months passed, things began to go wrong on the 75-acre campus. Last August 48 teachers and employees filed suit for $66,500 in unpaid salaries. Later the telephones were disconnected, the heat was shut off, and the local rug merchant came around to take back his carpeting. Last fall. $215,000 in debt, Belin filed a voluntary petition in bankruptcy. He explained that the Texas insurance companies that were to buy the bond issue...
...taking on professors halftime, leaving them half a work week to make a living in private practice. Since this leaves no time for research, the best schools insist on a hard core of full-time faculty members. Even so, these are outnumbered by part-time specialty teachers, often unpaid. There are now 331 full-time budgeted positions open in U.S. medical schools, with no qualified takers...
Following a stern P. & G. code for company officers, he spent a third of his time in unpaid civic service, directed the framing of a master plan for improving Cincinnati, headed Red Cross and Community Chest drives, became trustee of the city's Institute of Fine Arts, a member of the executive committee of the Summer Opera Association, Harvard overseer, an adviser to the University of Cincinnati. In 1955 President Eisenhower tapped him for the biggest lay-educational assignment of all: chairmanship of the White House Conference on Education. Ike was impressed by the way McElroy steered a conglomeration...