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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 27, 1951
Page
2
Formosa authorities bargain with Japanese salvage experts to raise 94 ships sunk in the Formosa Channel during World War II. If the agreement is reached, Japanese interests would receive a percentage of the scrap value as payment for the salvage work.
A mixed American British and South Korean team recovered a downed MiG-15 from shallow waters off Korea, aided by ships from Glory Cardigan Bay and Sicily. The jet is now at Wright Patterson for design analysis by three U.S. experts. The operation involved multiple vessels, a lifting crane, and a night halt before the lift and return to base.
The State Board of Equalization announced 161,544,808 in fuel taxes paid on 3,589,979,500 gallons for the year ending June 30. Of the total, 146,205,320 funded road and street maintenance while 15,329,445 was refunded for non highway uses.
ABADAN Iran Aug 27 Field Manager Peter Cox announced the evacuation of British personnel from South Iranian oil fields is complete with their arrival at Abadan refinery. He noted negotiations over Iran’s nationalization of Anglo Iranian Oil properties broke down and services remained normal though senior British engineers may be absent. The largest unfinished project is a $2.1 million gas turbine electric power generator inside the British installation.
Jakarta Aug 27 police report 400 more subversives arrested raising total jailed to 2000 in three weeks. About 25 of those picked up are noted as subversive suspects in a sweeping security roundup.
In Los Angeles officials said reports of a 1950 voting trust between Marion Davies and William Randolph Hearst over Hearst Corp. stock were never executed and carry no legal effect. Special administrators Henry Mackay Jr. and Randolph Apperson Hearst released the statement after probate notices. In Jacksonville, Florida, banker John E. Stephenson, 62, was shot to death by a teenage intruder in his home as his wife and daughter watched. The killer fled. Stephenson had served as vice president of Atlantic National Bank.
Prominent publisher Hearst named five sons and eight business associates including Mackay as trustees in a will that carried nine codicils. The document, dated May 20, 1947, notes a Beverly Hills home given to Miss Davies at Hearst’s death Aug. 14, later revoked. Her lawyer stated she originally bought the home, deeded it to Hearst, and he returned it to her. she still holds the deed.
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