Word: shared
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Dates: during 1960-1960
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Immediately after the deed was done, Mrs. Davis publicly swore that, if she could prevent it, Newhouse would never get another share of Post stock. Then she set out to prevent it. In the ensuing weeks, Post officers, led by Helen Bonfils Davis, approached all of the four charitable trusts that together held the outstanding 65% of the stock. Last week Mrs. Davis triumphantly announced her first success: for $5,100,000, the Post had bought a 21% bloc from one of the four trusts...
...surprise maneuver neither guaranteed control to Mrs. Davis nor blocked out Newhouse. He can still bid for the 44% outstanding in trusts, although the stock will now cost him more: the Post paid $260 a share, $20 more than Newhouse paid for Mrs. Stanton's 15%. But by her determined action, Helen Bonfils Davis served clear notice that Outsider Newhouse is in for a real fight...
...containers are collected five times a year; the diocese returns 45% of the money to the parish, keeps 45% for the bishop's "Discretionary Fund.'' and uses 10% for administering the fund. The bishop's share, now about $30,000 a year, is used for emergencies, such as helping rebuild St. Paul's Church in Chicago's South Side when it was destroyed by arsonists. The parish share is used for church-building improvement, the altar guild, etc. Pennies are clinking in faster than ever these days. While the first million took 27 years...
...Agriculture Department last week estimated that the U.S. will require 200,000 tons more than last year's 9,400,000 tons. It immediately assigned 140,000 tons of that amount to quota nations (the other 60,000 tons would ordinarily be Cuba's share). Thus the U.S. 'must find 760,000 extra tons of sugar before year...
...Windfalls. U.S. growers may provide an extra 200,000 tons as their share of the divvy. Quota nations other than Cuba will also get increases. They may range from 7,000 tons for such small quota countries as Costa Rica and Haiti to nearly 80,000 tons for the Philippines. Mexico. Peru and the Dominican Republic will get windfalls. The Mexicans now hope to provide up to 200,000 tons v. their present 65,000. The Dominican Republic, where Dictator Trujillo controls the sugar industry, expects a windfall of about 200,000 tons, and Panama will increase its quota from...