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Bridgeport Telegram in Bridgeport, Connecticut

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Feb 21, 1958

Page

10

Underwood Corp Keeps Dividend Omit Decision Amid Loss Risk

Underwood Corp directors decided to omit the common dividend citing weak office machine demand and inventory cuts. Frank E. Beane said the year’s remaining operations will guide future payouts while noting a likely first quarter loss due to reduced production and fixed costs. The 1957 annual report is due next month.

New York Underwood Corp Underwood Frank E. Beane Beane

Brothers Fight Over Mother's Estate in Bridgeport Case

A dispute among three Salvucci brothers over Vittoria Salvucci’s Bridgeport estate advanced in Superior Court. Executor Daniel Salvucci seeks return of property and assets, while opponents Angelo and Patsy Salvucci face a financial accounting and claims of wrongful acquisition. Eleven rescued after a Tahiti flying boat accident near Raiatea Island. 15 killed in separate incident.

Vittoria Salvucci Bridgeport Daniel Salvucci Angelo Salvucci Patsy Salvucci Tate

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