Word: optionals
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President Loew, who had spent 35 years working his way up through the company founded by his father, reported that he had an option to buy 40,000 shares of Loew's stock, "which in my opinion is sufficient incentive, if one is required. I resent the insinuation." Furthermore, said Loew, "I bought 1,000 shares last week just to keep you happy...
...HYRC head has not limited his activities to thwarting the Political Forum; he has also tried to take advantage of talks scheduled by the Conservative Club. Since he seems to operate under the theory that the HYRC has an option on any Republicans speaking before undergraduate groups, Thomson tried to persuade the Conservative Club to co-sponsor all its planned GOP talks. Failing to achieve this openly, Thomson now seems to have appealed to Washington for help. For when the past president of the Conservative Club sought to have Senator Bridges speak under its auspices, instead of the Political Forum...
...maturing in 1980), on the understanding that in 1952, its first year in operation, the bridge would take in $155,600. As past-due interest rose to $110,802, Shields & Co. made a settlement with the grumbling bondholders, paying them $500,000-about 25? on the dollar -for an option to buy the bonds at the remaining 75% of face value (plus accrued interest) within five years...
Columbia, another of the 24 colleges which have been offered the option, will announce its official decision today. Reliable sources indicated last night that the university will reject the Air Force offer...
With a state official as both prosecutor and judge, one of the bills, H. 2120, would provide a hearing to ferret out subversives on an institution's faculty. Defining subversives as members of all organizations on Attorney General's list, the bill gives institutions the option of losing their subversives or their charters. In the case of Harvard's non-revokable charter, tax-exempt status would be withdrawn...