Two Fronted Takeover Attempts Face SEC Scrutiny
The SEC exposes failed schemes to gain control of Lawrence Portland Cement and National Can via fronts. Jerome Newman Graham and Bear Stearns were linked to the tactics, with County Trust and Chase Bank used as fronts. The piece urges SEC reforms including disclosure of buyers and overarching ownership controls.
MENTIONED IN THIS ARTICLE
New York
Lawrence Portland Cement
Curb Exchange
National Can
Stock Exchange
A Sec
Jerome Newman
Graham
Lawrence Portland
Bear, Stearns & Co
Prince
County Trust Co
White Plains
Chase
Bank
Wall
Frank Costello
Sergeinstein
SEC
Soo Soke
General Bote
Stantuck
Jacoby on Bridge Moonshine in North's Heart Bid
North's two clubs to probe for a major suit was overreaching. South showed hearts, North advanced to game in hearts, but with 4-3-3-3 he had little chance of a fitting trump. The bidding was more science than substance.
MENTIONED IN THIS ARTICLE
North
South
North South bridge hand with no trump contract choice
A bridge scenario analyzes bidding from North and South toward three no trump and four hearts. West opens spades. South wins and plays through misfiring finesses, with cluttered narration about clubs and diamonds and a perilous path to the contract amid clever defense.
Stassen to Address Minnesota Students in Minneapolis
Harold Stassen was to speak at a dinner in Minneapolis sponsored by the National Students Assn at the University of Minnesota on the topic Education and Freedom. A separate bridge vignette discusses bidding strategy and a diamond finesse in a misfitted card play with East and West.
MENTIONED IN THIS ARTICLE
Minneapolis
Harold Stassen
National Students Assn
University of Minnesota
Cemetery salesman clashes with homeowner over sales bid
In Chicago, David A. Grimes tried to sell Walter H. Debolt a cemetery lot. Debolt refused and blocked the door as Grimes persisted, leading to a scuffle that ended with water poured over Grimes and both in a tense standoff. Police intervened.
MENTIONED IN THIS ARTICLE
Chicago
David A. Grimes
Walter H. Debolt
Debolt
Grimes
Ang UF
Group to map Africa defense plan in Nairobi session
Delegates from seven European and African nations gathered in Nairobi to map plans for Africa’s defense. Representatives from Irene, Aly, and several Sunis states attended with Angus Ward of the United States leading American observers.
MENTIONED IN THIS ARTICLE
Nairobi
Kenya
Africa
Irene, Aly
Er iSunis Sol’ Te Caen
Angus Ward
U. S
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PAIGE
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By Oswald Jacoby
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