Word: three-year
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Riding the competitive bidding wave today is red-faced Board Chairman Robert Ralph Young of Allegheny Corp., who has been in the middle of a hectic three-year fight to get control of Allegheny's railroad substructures, notably prosperous Chesapeake & Ohio R. R. Bob Young believes that at every turn Morgan interests blocked his way. One of his retaliations has been to get in the way of Morgan Stanley & Co. every time it goes after a railroad securities issue...
...Interstate Commerce Commission since it was founded in 1887 has followed the not-too-sense-making custom of making each of its members in turn chairman for a year. Last week it broke with precedent, picked its outstandingly able member, Commissioner Joseph Bartlett Eastman, 56, as chairman for a three-year term, beginning July...
...Alter the capital stock and excess profits taxes so as to allow annual declaration of stock values, and three-year carry-overs of losses against profits...
...Alter the capital stock and excess profits taxes so as to allow annual declaration of stock values, and three-year carry-overs of losses against profits...
Most publicized jockey of the year is cocky little Don Meade. Reinstated last December by the Florida Racing Commission after a three-year suspension for betting against his own mounts, Jockey Meade, 1933 Kentucky Derby winner, made a sensational comeback this winter, booted home 91 winners at Hialeah and Tropical Park. Last week, while penitent Mr. Meade made headlines because of his successful plea for a riding license on the "big apple" (New York tracks), an obscure fellow-peewee named Johnny Oros quietly displaced him as the leading jockey...