Ford plans public sale of new voting stock
Ford Motor Co faces a historic shift as the Ford Foundation announces a public sale of three new classes of voting common stock. The move, described as deserting family control, would push ownership toward public investors while preserving major voting rights within the Ford family. Estimates place potential earnings well into the hundreds of millions, with shares expected to trade around 60 to 70 dollars.
MENTIONED IN THIS ARTICLE
New York
Ford Motor Co
America
Itsj
R. Breech
Ford
Ford Foundation
Henry Ford II
Ford Foundazion
Set Wy J Ford
Aes
Sherce
Lother Ford
Ford Famf
Rowan Gaither Jr
Twining Granted Korea’s Highest Valor Award
President Syngman Rhee awarded U S Air Force Chief of Staff Gen Nathan F Twining Korea’s top military decoration and urged increased aid to the ROK air force. Earlier, a DC4 with 50 passengers en route from Oakland to Honolulu made an emergency two engine landing at Hilo Hawaii. all on board were rescued.
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Seoul
Syngtam Rhee
Republic of Korea
U. S. Air Force
Nathan F. Twine
ROK
Honolulu
A. Caleast
Oakland
Calif
Hilo
Hawaii
Hoover speaks on life, career in NBC TV interview
Former President Herbert Hoover discussed his early days, mining career, relief work, presidency, and work with a government reorganization commission during an NBC television special filmed last summer. He spoke from the Hoover Library at Stanford in Palo Alto about his salary refusal and the World War I era archive project. He warned against hopeful but fragile peace and suggested Geneva as a path to reducing armaments and fostering goodwill.
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NEW York &P
Herbert Hoover
NBC
Hoover
Federal Commission
Library
Leland Stanford University
Palo Alto
Calif
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Funn
Henry Ford
Funting Cloce RB
Fly
Guanaco
Dallas
UPI
Panv
Marselis Park Zoo
Pierre Fontaine
Beret
Monty
Viscount Montgomery
Tex
Stalin
Per
Geneva
Iwe
E Merrs Cteel
E. Third St
Westinghouse Dryer
Southern
California
Tony
Kao
Souther
Basic Diagnostic Office
K. Ryan O.G
E. Broadway
Maurer Morte Wad
Fils
Tuas
Thurs
Kit T
Pasadena
San Bernardino
Santa Monica
Arthur Murray’s
Arthur Murray
Long Beach
East Fifth Street
Hemlock
Compton
South Long Beach Blvd
Newmark
Westinghouse Auto
Els
Pine Ave
Hoffman
Iasy-Vision
Riverside
Wdf
Wilee
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