Hilton Takes Over Statler Hotel Chain
Beverly Hills Hilton Hotels Corp announced it would purchase 753000 Statler Co shares at 30 dollars each, valuing the deal near 76 million dollars. The eight Statler properties will join Hilton’s 160 million dollar system, expanding from Los Angeles to Madrid with plans for Beverly Hills Acapulco Mexico City and Istanbul.
MENTIONED IN THIS ARTICLE
Beverly Hills
Chase Peite
Hilton
Dilton Hotels Corp
Tilton
Los Angeles
Madrid
New York
Waldorf Asprng
Beverly Fills
Acapulco
Mexico City
Mexico
Istanbul
Statley Corp
Dallas
Hartford
Staller
Buffalo
Statler
Wheeling
W.va
Boston
Cleveland
Dettroit
St. Louis
Washington
San Antonio
Tex
Cisco
Finns Court Date Delayed to August 16
In Los Angeles brothers known as the tying Pinn buins will appear in federal court August 16 to respond to a government move to dismiss their cross complaint over seizure of a surplus C-46 plane bought from a Bakersfield school district. They were jailed on charges related to a citizen arrest of Atty Laughlin Waters and withheld bail during an hunger strike in protest of pending appeal.
MENTIONED IN THIS ARTICLE
Los Angeles
Charles
Pinn Buins
William C. Stathes
Bakersfield
A. Atty
Laughlin Waters
ESC
Wedding Guests Stricken by Food Poisoning in Sicily
In Sattania Sicily fifteen guests, including groom Sebastiang Ragusa, and his bride, were hospitalized after eating ice cream at a Monday wedding. The bride assisted in caring for the groom at the hospital.
MENTIONED IN THIS ARTICLE
Satania
Sicily
Sebastiang Ragusa
Plane Walkouts Threaten United and Major Airlines
A large segment of the nation's air industry faces new walkouts as 1,200 American Airlines pilots enter day four and 20,000 ground crew authorize a work stoppage against six carriers. IAM says no strike while mediation seeks a settlement. TWA, United, Northwest, Capital, Eastern, and National named in dispute.
MENTIONED IN THIS ARTICLE
American Airlines
Eastern
National
Northwest
Trans | World
United
National Mediation Board
AFL
Washington
IAM
TAA
Wwe
Clarence Sayen
APL Air Line Pilots Assn
American
Tra World
Souiday
Windfall builder questioned over 1941 land deal and seven million value
Senate housing probers questioned Morris Cafritz about a 388 unit parklands project insured by FHA noting a 100 acre land purchase in 1941 valued at 69 090. Officials said the windfall could boost book value to seven million when rents repay the portfolio. Cafritz claimed the figures were hypothetical and did not admit improper actions.
MENTIONED IN THIS ARTICLE
Washington UP
Senate
Morris Carrite
Washington
William Simon
Federal Housing Administration
Carrite
Copettart
Qhalit
Cafritz
Internal Revenue Bureau
Singyn
Caftltz
Simon
Richard Vidaver
Chicago
Senate May Wait Around in McCarthy Row
Senator Knowland said it is quite possible the Senate can complete its legislative work by August 14 and that the White House will hold a strategy meeting on the McCarthy censure issue. Republican leaders Lorin (R-VT) and others noted the Senate planned to quit at the end of July but could delay to allow debate on atomic legislation.
MENTIONED IN THIS ARTICLE
Washington
P—Sen
Lor
Flanders
R.-Vt
Von
Californian
Sen
Senate
Uly
Howland
House
Also Mentioned on This Page
Goodwin J. Knight
Episcopal Church of Our Savior
Virginia Carlson
Gov. Knight
Marilyn Eaton
Carolyn Knight
Arvilla Knight
Statler Hotel
Penney's
McCarthy Row
Vertitic
RUG Dept
Pine
Rose
Long Beach
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