Word: optionals
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...removed its ban on first year men. He speculated that the Big Ten's action may cause the Eastern Collegiate Athletic Conference (of which Harvard is a member) to review its recent action. The E.C.A.C., at its last meeting, voted to allow certain small member colleges the option to play freshmen next year. The Ivy Group, however, is known to oppose the measure in principle and whether it would go along with the E.C.A.C. if that body decides to vote general freshman eligibility is highly doubtful...
There was, for example, one incomprehensible deal involving what he called "one-half interest in the down payment on the option of $100,000." Then he mentioned an outfit called the Rialb Corp. "What is that?" asked Fulbright. "That," said Rosenbaum pleasantly, "is Blair spelled backwards." Fulbright, with a gesture that got to be common during the week, shut off the witness and exclaimed: "It's too complicated for us ... It's beyond my comprehension...
Last week Dore Schary could take satisfaction in an impressive vote of confidence from the board of Loew's Inc., which owns MGM. To give them "greater incentive" and assure their continued service, Schary and five other Loew's executives* got options to buy 250,000 shares of company stock at a pegged price. Schary's option entitles him to 100,000 shares. In return, Production Boss Schary agreed to extend his contract (at $3,846 a week) 2½ years...
Pentagon lawyers discovered Monday that Secretary George C. Marshall's Friday directive guaranteeing students this option violated provisions of the Selective Service Act, in that a man who has been notified of physical examination cannot legally enlist in any branch of the armed services...
Teele's office thoroughly informed all members of the University's working staff about their option this fall as soon as the resolution became law. Student part-time workers are specifically excluded by the act. The original act established in 1937, excluded farm workers, domestic servants, and other specialized workers, as well as employees of non-profit organizations, from benefits...