Word: appointement
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Fullam's first big job, after a mid-July hearing, will be to appoint one or more trustees to run the railroad. The trustees will have the power to float new loans to keep the line operating. While waiting for those loans, Transportation Secretary John A. Volpe warned last week, the railroad may have to shut down for lack of cash to meet expenses, which include the $20 million a week payroll for its 94,000 employees. Said Volpe: "I don't believe any of us can say with any degree of certainty if the payroll will...
...brokerage-regulatory agency. Its officers could, for example, examine the books of brokerages to determine if they were on the verge of insolvency, order changes in the way brokerages keep their books, arrange mergers to rescue troubled firms and, as a last resort, ask a federal court to appoint a trustee for a failing broker...
After fighting so hard for a liberal Faculty restructuring, the liberals lost the December and May elections. "We won the war, but lost the battle." one liberal commented. "Had we allowed the Dean to appoint the Council we would have done better because he would have had to guess at our strength." another said...
Yesterday's meeting was called by an ad hoe steering committee formed last week by an open meeting of the teaching fellows. At that meeting the teaching fellows tentatively voted to form a permanent union and to appoint a steering committee to draft a charter...
Technically, there was no need for Kilbridge to bring the formation of a fact-finding committee before the faculty. According to the HGSDA resolution he simply had to appoint one person to the committee and allow students to appoint one. The two committee members would then appoint a third...