Tax Exempt Bonds Turn Into Stock Under Civic Plan
A New York investment dealer promotes a method converting tax exempt municipal bonds into stock of a tenant company. The Alabama town issues bonds secured by rent from the plant, with 5 percent interest and tax exemption, then converts them into company stock. Critics say the scheme skirts tax laws and municipal bond intent, benefiting the dealer.
MENTIONED IN THIS ARTICLE
New York
Globe Aircraft
Bendix Helicopter
Alabama
No Hit No-Run Baseball Card Bridge Story
Brooklyn pitcher Carl Erskine threw a no hit game versus the Cubs after a rain delay led him to a clubhouse bridge session with Billy Cox. The hand shown features Erskine and Branca under pressure as he navigates a tense four hearts contract. Branca’s spades threaten, but Erskine flushes trumps and executes the endgame to keep the score clean.
MENTIONED IN THIS ARTICLE
Oswald Jacoby
NEA
Carl Erskine
Brooklyn Dodgers
Chicago Cubs
Erskine
Carl
Billy Cox
Ralph Branca
Duke Snider
Branca
Feady
Eskine
Chicago
Cubs
Elderly Sick Require Greater Medical Care
Dr A P Merrill of St Barnabas Hospital warns at Cleveland that elderly chronic patients pose the biggest challenge for American medicine and hospitals. He urges nationwide standards for care and rehabilitation and calls for broader insurance to cover long term illness.
MENTIONED IN THIS ARTICLE
Cleveland, O
A. P. Merrill
St. Barnabas Hospital
New York City
Merrill
Winston-Salem Teachers College seeks large funding hike
The State Advisory Budget Commission reviewed a request for a 60 percent rise in maintenance and operation funding for Winston-Salem Teachers College. The plan includes 1.49 million dollars for constructing or remodeling buildings, presented yesterday by college officials and trustees during a campus tour.
MENTIONED IN THIS ARTICLE
Winston-Salem
State Advisory Budget Commission
Winston-Salem Teachers College
Fly snags escaped convict in Sweden window display
In Hoerby Sweden Bert Holmgren broke into a clothing shop to don a new suit but fled when police neared. He hid inside a window display and froze as a fly landed on his nose. He swatted at the insect and was seized by officers.
MENTIONED IN THIS ARTICLE
Hoerby
Sweden
Bert Holmgren
Holmgren
Ex Commie Boss Pensioned by Geneva Government
The Geneva cantonal government grants Leon Nicole, 65, a temporary pension of $140 monthly from relief funds. Critics note the amount exceeds the average Geneva wage and reflects political decline since his 1933 1936 canton presidency. The current government lacks Communist members.
MENTIONED IN THIS ARTICLE
Geneva
Switzerland
Leon Nicole
Nicole
Wake Forest College resumes first building with steel arrival
Contractors report work on the chapel classroom building at Wake Forest College will restart next week after the arrival of 42 tons of steel. The project, begun June 2, had been halted for weeks due to a steel shortage.
MENTIONED IN THIS ARTICLE
Winston-Salem
Wake Forest College
Butcher Shop Hosts Free Two Week Art Show in Rochester
Patrons at a Rochester market and butcher shop can view a two week art show featuring 18 landscapes and seascapes behind the meat counter. Paintings by a prominent local artist will bear prices and may expand with additional works if sold.
MENTIONED IN THIS ARTICLE
Rochester, N. YY
Also Mentioned on This Page
Ress
Jacoby
Dodger Star
Main ST
Mpalite Glass Rerie
IVUK
Hadacol
Lifebuoy Soap
Colgate
Hazel
D.D.T
Dean
Tussy
Stick Cologne
Helena Rubinstein
Tra
Tna
Syeooorick
Dickinson
Eckerd
WBTV
GET
Cologne
OK Chemical
IPANA
A.C
Gramline
Quaert
Imteedo
Tangee
Fasteeth
Pepsodent
KILL
Eome
Auarantees
Conffnet
STE Money
Wbtv - Fri
KOTEX
Gokey
Jules Mortensen
Powine Creat Smarios
Fly
Commie Boss
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