Tax relief elusive as Du Pont GM stock case moves
Washington AP report on the Supreme Court ruling forcing Du Pont to divest GM stock. If Congress does not act, over $1 billion in taxes may hit Du Pont stockholders as ordinary income. Committees show little eagerness to grant relief. presidential action may be needed. Justice Brennan led the majority upholding divestiture. dissenter Frank joined by Whittaker and Stewart.
MENTIONED IN THIS ARTICLE
du Pont
Crawford H. Greenewalt
Congress
House
Senate
House Ways and Means
Senate Finance
Ways and Means
Wilbur D. Mills
D-Ark
Treasury
Justice Departments
Justice Department
U.S. Dist
Walter J. la Buy
Chicago
la Buy
Brennan
Frank
Whittaker
Stewart
Clark
Harlan
Brenan
District Court
Chcago
Court Ruling: NAACP Not Forced to Reveal Members
The Supreme Court ruled Louisiana may not compel the NAACP to disclose member and contributor names and struck down enforcement of the law used to determine if organizations are dominated by subversive leadership. Justice Douglas delivered the unanimous decision.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Louisiana
National Association For the Advancement of Colored People
NAACP
William Douglas
Old at 40 50 602 Man You're Crazy
An old age pep tonic advertisement urges readers to ignore age and try Ostres Tonic Tablets for renewed energy. It touts iron deficiency as cause of feeling rundown and claims eight day dosages, with an Economy option and savings at drug stores.
U S Concern Over South Korea Ban on Political Parties
The U S Embassy voiced deep concern as South Korea’s new military rulers abolished all political parties and refused to approve a UN supervised return of troops. U S officials urged restoration of civil government while noting some points of UN consensus amid internal junta tensions and arrests.
MENTIONED IN THIS ARTICLE
Seoul
South Korea
U.S
U.N
U.N. Command
Carter B. Magruder
Magruder
Char d
Marshall Green
John M. Chang
U. S
Chang Do-young
Kennedy
United Nations
State Department
Washington
Voice of America
Rothwell divorce petition filed in Butler County court
John Rothwell petitions the Common Pleas Court of Butler County Ohio for a divorce on grounds of gross neglect of duty and wilful absence. Irene Rothwell, residence unknown, must answer by June 17, 1961. otherwise the petition may be granted. Clerk Joseph T. Kiep with Hilda Dresch deputy and attorney Harold G. Dance.Dates May 29, June 6 and 13-16-23-30.
MENTIONED IN THIS ARTICLE
Irene Rothwell
John Rothwell
Common Pleas Court
Butler County
Ohio
Joseph T. Kiep
Hilda Dresch
Harold G. Dance
Armco offers $50 million debentures at 4.55% yield
Armco Steel Corp sells public sinking fund debentures totaling 50 million dollars due 1986. Underwritten by Smith, Barney & Co. Inc, the 25 year notes priced at 99 with accrued interest, redeemable 104 to 100 through 1984. Proceeds will prepay 50 million in bank loans. Consolidated capitalization shows long term debt and large common equity.
MENTIONED IN THIS ARTICLE
Armco Steel Corp
Smith, Barney & Co., Inc
Armco
Federal jobs weigh policy shift toward unions
The U S government considers formal bargaining with federal employee unions, moving beyond hit or miss talks. Widespread union membership and selective formal deals exist, with a policy expected in months. Debates cover recognition, multiple unions, arbitration, and dues checkoff under a broader government labor framework.
MENTIONED IN THIS ARTICLE
Washington
Tennessee Valley Authority
Kennedy
John W. Macy Jr
Civil Service Commission
Congress
Arthur J.goldberg
Ida Klaus
Greenville Man Charged With Murder
A second degree murder charge was filed against Robbie Cochran 36 of Greenville in the shotgun death of his wife Marjorie 27 last Thursday. Prosecuting Attorney Philip D Brum baugh said the coroner ruled homicide. Initial statements claimed the wife shot herself. Cochran later said the gun discharged accidentally during a struggle for possession in their apartment. He said there had been no prior quarrel.
MENTIONED IN THIS ARTICLE
Greenville
Ohio
Robbie Cochran
Marjorie
Philip D. Brumbaugh
Cochran
Henry Ford II Ill With Mononucleosis
Henry Ford II chairman of Ford Motor Co is ill at home since May 11 from a blood condition described as infectious mononucleosis Doctors say he is responding well to treatment and the illness is linked to an excess white blood cells count The report comes from his physician in Detroit AP report
MENTIONED IN THIS ARTICLE
Detroit
Henry Ford II
Ford Motor Co
Ford
Sheriff Sale of Lot 39 in Home Acres Middletown OH
Butter County Common Pleas orders sale of the entire Lot 39 in Home Acres Lemon Township Butler County. Located at 3115 Morgan Street Middletown OH, appraised 4190 dollars. Sale at courthouse door Hamilton on June 21, 1961 between 10 and 11 in the morning. cash terms. Sheriff James F. Hixon files the notice. Eckert & Eckert attorneys.
MENTIONED IN THIS ARTICLE
Butter County
Lemon Township
Butler County
Ohio
Recorder's Office
Morgan Street
Middletown
James F. Hixon
Eckert & Eckert
Also Mentioned on This Page
Allegany Ballistic Laboratory
Cumberland
Navy
Missile Construction and Test Center
DuPont
General Motors
Gene Kramer
Pak Chung-hi
Supreme Military Council
Pak
Mon Corin
Favous
Cta
Good Housekeeping
Mary Carter
Central Ave
Melcolm F. Brennen
Norman Walker
New York City Labor Department
Klaus
National Labor Relations Board
U.S. Chamber of Commerce
Chamber
Franklin D. Roosevelt
Electrolux
Henry Ford I
Sheriff's Sale
the Cheviot Building & Loan Co
Cecil Conrad, Et al
Andy Cale
Percales
Ross’ Linens
Sue
Ross’ Housewares
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