Word: nevadas
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Staffers are weighing the risks of personal appearances in other primary states where Brown is on the ballot-Maryland, Kentucky, Nevada, New Jersey-while building a skeletal national organization from such bones as Cesar Chavez's far-flung boycott network and activist church groups. Brown is considering a nationwide tour, the better to disseminate his "lower our expectations" dicta, woo uncommitted delegates and influence the polls during the pregnant preconvention lull...
Last week the Summa trio sought an accommodation with Hughes' relatives, who in the absence of a will stand to inherit the entire estate (after taxes, it could run $1 billion or more). With the backing of the Summa officers, three of Hughes' closest relatives and a Nevada bank were appointed temporary administrators of his estate, estimated to total $2.3 billion. A Texas court named his aunt, Mrs. Frederick Lummis, and her son William Lummis, a Houston attorney; a California court picked Richard Gano, another cousin of Hughes. A potential challenge to this arrangement was being...
...least for now, however, the Lummises and Gano have the power to vote Hughes' shares and thus keep the empire running. By maintaining a continuity of management in Summa, they will head off possible investigations by Nevada and federal regulatory agencies into the company's Nevada TV station and casinos and Hughes Airwest. Otherwise, the regulatory agencies may well have felt obliged to conduct immediate inquiries about the new chiefs...
Summa is the biggest catchall; besides its airline and TV interests, it presides over the hotels and casinos in Nevada and the Bahamas, a helicopter manufacturer, 1,200 largely dormant silver and gold mines and huge tracts of undeveloped land in Nevada and California. If Hughes' heirs are forced to raise money to pay the federal inheritance tax, parts of Summa may have to be sold...
...number of the memos, Hughes mentions Vice President Hubert Humphrey, whom he refers to as "Humphries," "the V.P." or "H.H.H." Hughes seemed to think that he could enlist Humphrey's aid in his own crusade to halt a huge nuclear test explosion that was planned in Nevada in 1968 by the Atomic Energy Commission (see cut above left). He had some environmental worries, but his real fear was that the blast would scare off tourists. His efforts failed; the test went off on schedule. Excerpts from Hughes' memos to Maheu from...