Hughes Cousin Takes Over Summa
M A Borders reports that Hughes Cousin has assumed leadership at Summa, signaling a shift in management and introducing new strategic direction for the institution.
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Newspaper
Las Vegas Sun
Location
Las Vegas, Nevada, United States of America
Date
Aug 05, 1976
Page
1
M A Borders reports that Hughes Cousin has assumed leadership at Summa, signaling a shift in management and introducing new strategic direction for the institution.
Control of Howard Hughes financial empire transfers Wednesday to cousin William Lummis a Houston attorney elected chairman of Summa Corp the holding company for the Hughes empire valued at about 2.5 billion dollars Lummis becomes temporary administrator of all Summa Corp stock
The estate is placed under a Delaware court order with a temporary administrator appointed by courts in Delaware and Texas. The heir is the son of Annette Gano Lummis, 85, the billionaire's closest living relative. Original five board members remained after Wednesday elections, with two more directors added along with Lummis. Frank William Gay, 55, identified as a key figure.
Hughes longtime associate Lummis becomes chairman and president of Summa Corp. Gay will head the board executive committee. Nadine Henley remains senior vice president. New directors include Milton West and William Rankin. Holmes, Davis, Myler and Rankin elected. Davis remains general counsel in New York.
The FBI disclosed it investigates the disappearance of John Roselli an alleged underworld figure who testified to the Senate Intelligence Committee about involvement in CIA plots against Fidel Castro. Roselli vanished July 28 from his sister in law's home in Plantation Broward County Florida after borrowing a car to go golfing. the car was later found at Miami International Airport. The FBI declined to confirm if he remains in the United States and stated no further details.
China informs the United States it will not accept outside relief for earthquake victims. State Department confirms private and public statements opposing foreign humanitarian aid as Premier Hua tours disaster areas to convey Mao Zedong's condolences. Death toll feared tens of thousands amid aftershocks and bad weather.
The SUN publisher leaves for his August vacation prompting staff to fill space with guest columns. The inaugural guest is Dr. Heinz Rettig director of communications at Clark County Community College delivering the first piece in this summer exchange.
A narrator recalls youth in a pre College era, describing paper routes to support a widowed mother, the dream of college seeming distant, and the grind of balancing work and study as he pursued higher education against the odds. He reflects on attitudes toward education and access, noting how times have changed.
Mariko Nagaoka, 21, Tokyo university student, found floating in the Japan Sea after the Baikal voyage. Autopsy found forehead scars from a steel stick and bleeding near the ear. Police say she was battered, then thrown overboard. no sexual assault signs. Investigation ongoing with Maritime Safety Agency.
New York hospital workers walk out against 16 city hospitals in protest of job security, defying a court order. The 18 000 workers disrupted care for about 10 000 patients, with outpatient services and elective surgeries canceled and only emergencies treated. Local 420 leader Lillian Roberts voiced concern over impact on the poor and minority patients.
Philadelphia officials pressed to identify a mysterious illness linked to a state American Legion convention that has caused 22 deaths among attendees and led to cancellations by two children's groups. A 24 hour hot line was set up as the city checks all contacts including cashiers and elevator operators. The national Legion canceled a Boys Girls Nation visit to Philadelphia citing safety of youths.
A 22 year old mental patient from Wadsworth Veterans Hospital leaped from a fourth floor roof as police watched unable to stop him. Darcy Wallace escaped hospital twice that night and was later found asleep in an elevator before fleeing to the roof and jumping to his death.
A donor sends ten dollars and notes fifteen dollars total to support camp for needy Las Vegas youths. The appeal requests further contributions to SUN Summer Camp Fund at 121 South Highlands, Las Vegas, NV 89106, with mentions of memory gifts for Mike Jaffe and Ann Griffis.
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