Word: murchison
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...Henry Ford, with his hatred of "the Eastern bankers," would have been delighted. Flushed with consciousness of its mounting financial power, Texas had challenged a Wall Street titan to the biggest proxy fight in U.S. history. Last week Texas-in the persons of John Murchison, 39, and his brother Clint Jr., 37-won the day, snatched control of Manhattan's giant Alleghany Corp. away from Multimillionaire Allan P. Kirby...
...Uganda, where the Nile swirls through the game preserves of Murchison National Park to Lake Albert, fishermen go for Nile perch, a predator that weighs as much as 160 Ibs. in the river and 300 lbs. in the lake. Three-day excursions can be booked with East African Airways from Entebbe to Queen Elizabeth Park (cost: $78) or Murchison Park ($86), and there is an assortment of river, rail and car trips that provide closeup views of the animals. At Murchison travelers can take the "Royal" cottages (where Britain's Queen Mother Elizabeth stayed two years/ago) for $7.25; overflow...
ALLEGHANY BOUT goes into the final round with the count about 3,300,000 common shares held by Chairman Allan P. Kirby and 2,600,000 by the Murchison Brothers. Decision on who will control the giant holding company that controls the New York Central and $3 billion in investment funds will go to side that can muster most proxies, at the May 1 annual meeting, from the remaining shares held by other stockholders...
...entries in five days. Radio Nord's charge for a primetime, 60-second spot: $40. The Bonjour is owned by a wheeler-dealer Texan, Dallas Tycoon Robert F. Thompson, whose other interests include seven U.S. radio stations, five U.S. TV stations, and a sometime partnership with Millionaire Clint Murchison Jr. Radio Nord's programs are taped in downtown Stockholm and delivered regularly to the Bonjour by motor launch, along with the plugs from eager sponsors. The whole deal has proved so successful that Thompson is already considering putting pirate ships off Goteborg and in the Mediterranean, off France...
Though their famous father, Texas Oil Millionaire Clint Murchison Sr., has been ailing in Texas, many thought that they saw the old man's skillful hand behind his sons' maneuverings for control of Al leghany. The Murchisons and their back ers have already bought 868,667 shares of Alleghany, plus preferred shares and warrants that could bring their total to 2,168,811 shares, thus giving them a slight edge over the Kirby camp, which at last count controlled a potential 1,944,687 shares. With a Texas flair for gambling, the Murchisons are clearly going for double...