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...last month. Student Barbara Jean Herin, 16, came home with The New Pocket Anthology of American Verse, asked her mother to read aloud as she ironed. For Mrs. Herin, a devout Baptist, it was an unsettling experience. Out of her mouth came the strange words of one Ogden Nash: "Don't bother your head about sins of commission/ because however sinful, they must at least be fun or else/ you wouldn't be committing them." Barbara Jean's parents pored through the book, found at least 30 objectional poems. Most shocking were three by Walt Whitman (/ Sing...

Author: /time Magazine | Title: Education: Sin of Commission? | 12/28/1959 | See Source »

...than $2,000,000 in accounts receivable, $5,000,000 in inventory. But last week N. O. Nelson Co. was smothered in a huge debt and had been forced to file under the bankruptcy act for more time to pay its debts. Said Bankruptcy Referee William J. O'Herin: "This company was looted...

Author: /time Magazine | Title: HIGH FINANCE: How to Loot a Company | 10/22/1956 | See Source »

...Nelson, cleaned of its cash and burdened by debt, there was no course left but the bankruptcy courts. Last week, after he took over, Bankruptcy Referee William J. O'Herin ordered that no more payments be made on Nelson's debt until the courts can determine whether the original stockholders can legally win back possession of Nelson and the $1,000,000 the company has already paid out on the loan...

Author: /time Magazine | Title: HIGH FINANCE: How to Loot a Company | 10/22/1956 | See Source »

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