Word: utah
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Dates: during 1960-1969
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Occupational Therapy. In New Orleans, James W. Seaton, a convicted forger in Louisiana State Penitentiary, pleaded guilty to sending out fraudulent income tax returns to internal revenue offices in Louisiana. Texas, New Mexico, Oklahoma, Colorado and Utah, collecting $1,050 in refunds...
...Smith Bickmore, 51, sales expert of the National Biscuit Co., was named Nabisco president. Utah-born and educated, Bickmore joined Nabisco in 1933, was a salesman from 1935-40, in 1950 became vice president in charge of sales and advertising. He succeeds George Henry Coppers, 57, who moves up to chair man of the board, will remain Nabisco's chief executive officer...
While Johnson was in Salt Lake City, 1,300 Democrats gathered in the Terrace Ball Room to select Utah's delegation to the Democratic Convention. The sentiment at the meeting was strong for Jack Kennedy and Stuart Symington, with some residual strength going for Adlai Stevenson. It is doubtful that Johnson picked up a single delegate vote in the three states he visited (total convention strength: 49 votes), but he did leave a good impression of L.B.J., the moderate, responsible candidate, and if the convention should become deadlocked, Johnson will find some new second-or third-round friends...
...acquired more business interests: real estate, hotels, a newspaper, a Salt Lake radio-TV station, farms and a sugar company-and two more banks, all three merged in 1957 into Zion's First National Bank. Its resources: $140 million. Today the church is estimated to be one of Utah's half a dozen largest industries. As a religious institution, it might have sought tax exemptions, but all along, the Mormons have scrupulously paid the same federal taxes as other private businesses. Nevertheless, there was plenty of criticism from competitors about Mormon 'temporal" activities...
...week the Mormon Church got out of the banking business. In a surprise move, it sold its controlling interest of 146,540 shares in Zion's First National Bank to a group of private businessmen headed by Norge Chairman Judson S. Sayre, Kennecott Director Leland B. Flint, and Utah Loan Company Executive Roy W. Simmons. Sale price: $9,818,314. The explanation from the Mormon leaders: the time has passed when Brigham Young's Latter-Day Saints need place their trust only in church-backed business institutions...