AT&T Approves Record Financing and Employee Stock Plan
New York stockholders of American Telephone and Telegraph approve a historic 718.313 million debenture issue with 99.24 percent of votes in favor amid 58.4 million votes cast. They also approve an employee stock option plan allowing Bell System workers to buy up to seven million dollars of stock over five years at 15 percent below market, not below $100.
MENTIONED IN THIS ARTICLE
New York
American Telephone & Telegraph Co
At&t
Sson
Bell System
Union Official Buckley Dies While Campaigning Debenture Funds
International Boilermakers official William Buckley 63 died in Johns Hopkins Hospital after raising funds from the sale of convertible debentures tied to near record expansion plans. The union leader served as secretary treasurer of the Ironworkers, Builders, Blacksmiths, Forgers and Helpers of America, a key wage and craft federation.
MENTIONED IN THIS ARTICLE
At&t
Baltimore
William Pansion
J- Buckley
All-Abor
Johns Hop
Buckley
International Boilermakers
Ironstip! Builders
America
Post Office to Unleash Dog Defense Letter Plan
Washington announces a program of mail service discipline for owners of aggressive dogs. Postmasters will send letters describing behavior patterns and offering guidance on preventing attacks, with eventual termination of service if dog acts as a menace.
MENTIONED IN THIS ARTICLE
Washington
Post Office Department
Bor
Reinpost
Post Office
Arthur
Summerfield
Also Mentioned on This Page
Foreman
Clark
Foreman & Clark
Champion
Squire
Farlye
Rupe
West
Clothiers For Men & Words
Pine
Long Beach
A-8—Press-Telegram
At&t Oks
Louis
S. Laurent
Canada
Liberal Party
F. W. Hill
Horis Karloff
Ottawa
Hill
St. Laurent
Garfield
Simmons
The
Aaron Schultz
Gaxfield
Atlantic Avenue
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