European Stars And Stripes (Newspaper) - April 28, 1962, Darmstadt, Hesse April 28, 1962 the stars and stripes Page 5 pita 1. Atty. Gen. Won t Appeal ruling 13-year Dupont pm suit ends Tor flames firemen Iii Houston Are silhouetted Htiu tag is Oun storage tank As they Spray foam in an to hectic a of tunes. Four Persona were injured when the tank exploded and two fireboat moved in on the Blaze it fit Check. A photo Washington a atty. Gen. Robert f. Kennedy has announced that the government will not Appeal from the final judg ment entered in the do font general motors Case by judge Waller j. Labuy of Chicago. The decision brings to an end 13 years of litigation to compel Dupont to dispose of its 63 million shares of Stock in general motors. Kennedy said that while the court did not accept All of the government s proposed terms Labuy s judgment achieves the Basic ends of this important Liti family most sell the judgment requires the Dupont co. And the Dupont family controlled holding company Chris Tiana securities co., to divest themselves completely of their general motors Stock holdings. The judgment further provides that a number of the Dupont family members must sell pm Stock they receive in the divestitures. A total of 8,566.646 pm shares would be sold in this manner. In a stipulation filed thursday stockholders affiliated with the Dupont management agreed to sell an additional 3,079,261 shares of pm Stock they now hold or would receive. Crawford h. Greenewalt presi Dent of Dupont issued a state ment expressing gratification that this Long ordeal in litigation for nearly 13 years at last bag come to an the judgment entered by Labuy requires Dupont to begin divestiture of its pm Stock no later than july 30 and to Complete it by feb. 28, 1965. Greenewalt said now that remedial tax legislation has been enacted by the Congress and signed into Law by the president it is our intention to dispose of All or substantially All of the Stock by distribution to Dupont Stock the tax Bill which president Kennedy signed feb. 3, provides that a Dupont stockholder receiving pm Stock under the divest iture would pay no tax on the shares unless they were Worth More than he paid for his Dupont under the ratio of Dupont Stock to do font s holding of pm shares each Dupont share would be entitled to about 1.3i7 shares of pm. Do font s closing Price on the new York Stock Exchange wednesday was 5234.50 a share pm $55.25. On that Price do font s holdings of pm Are Worth nearly $3.5 billion. I fish claim Les glory thus h to 3. Tenn. Up pretty and parades Are sharing the Jet with hot Catfish and puppies Here this week while forgotten mule recalls the that once was his. Is at persons have for what s now called the a biggest fish Fry and fish for nearly a Century it was As the annual mule Day mate old Days when the mule scores of banners poured town to and Tell. Aspiring pout dons made it a to be in tote fire Tennessee on Ute a Ayrf and Many a Zoffke seeker would kiss a i Uick As he would kiss a new tractors thai 100 t Hemming can t recall details Senate probe questions anger University head Washington a Arthur s. Flemming has offered to take a leave of absence As president of the University of Oregon to re Check files and refresh his Mem Ory about orders he issued As a government offi Cial. Flemming pro tested he simply to. Could not Nown no Luff de Tajos of matters he handled six or seven years ago. He was being questioned by a special Senate sub committee looking into allegations that some Copper producers reaped Windfall profits by being allowed to sell Copper they had contracted tit deliver to the National Stock pile. I Flemming told a reporter that circumstances would determine whether he takes leave from his University Job. He said that if the requires his pres ence for any extended period he would ask for leave come to Washington and rent office space for a file search he said might re quire a couple of months. Subcommittee chairman Stuart Symington d-mo., was asked whether he would take my Flem miss s offer. "5 a. To have no plans about it he Only a key away from All that booze Oakland Calif up a thief hijacked a truck and trailer Rig Idadel with $75,000 Worth at whisky and wine Here but did t touch a drop. The Rig was found a few blocks fila to where Driver Fred i Phola reported it Toten. Police said the thief apparently could not open the lock of the trailer. Replied adding that the full sub committee would have to decide. Flemming protested about the detailed questioning on past events saying i should t draw on imagination i should t Call names out of thin his outburst was set off by suggestions from sen. Howard w. Cannon d-., that it seemed Odd Flemming could t recall More details of his actions. Flemming former director of the office of defense mobilization Odd which handled stockpiling protested that he has been placed in a position now of being asked by senator to recall facts and names that simply have slipped his mind. Stokowski forming new symphony new York vap conductor i Leopold Stokowski has embarked upon a new project in a Long and distinguished musical career. He la forming a new symphony orchestra. The new ensemble will pc known As the american symphony or Chestra and Dur ing its first sen son starting this fall it will offer monthly Mongioy night concerts in Carnegie Hall. The idea is great music for everyone Sto Kowsil told a news conference. He said new York City which will i get a new orchestral Hall at Lin j i Coin Center for the 1962-63 season j can Well stand another orchestra. It now has Only the philharmonic and the symphony of the air which has an irregular schedule. Lauds . New York is the greatest and most powerful City in the world. Yet Vienna has three symphony orchestras. Buenos Aires has four Paris has five and London has six while new York will have three after the american symphony be gins activities he said. Stokowski has contribute to the development of the Cincinnati symphony the Houston symphony orchestra the Hollywood bowl symphony and the All american youth orchestra formed Here in 1944. He has also conducted the new York philharmonic and the Abc symphony among others. Stokowski Detroit passes income tax suburbs fight Detroit up the Detroit common Council needed just two minutes to Paiss a 1 per cent in come tax covering All persons who work or live in the nation s fifth largest City. Mayor Jerome Cavanagh signed the Law Only 2t minutes after the Council approved the measure by a 9-0 vote. Detroit thus became the first City in Michigan with an income tax. The legislature is currently battling Over a 3 per cent income tax to be levied on All Michigan Resi dents. Michigan has a 4 per cent sales tax but no income tax. The tax would go Tito effect july 1 and was expected to raise $35 million from the 850,000 wage earners in metropolitan Detroit. The tax already faces opposition from suburban officials who have started court proceedings. The legislature has already passed but gov. John b. Of Vinson has yet to sign a Bill which would prohibit a City from taxing nonresidents. If the Bill is signed. Detroit would lose an estimated $5 million de cause suburbanites would not have to pay the tax. The 1 per cent Levy applies to corporations and business a Welt As workers. Toot toot getting Andy to Torr a hand at the to bottle of a locomotive at Disneyland in California to the Shah Omraam a Heerter him on Are Empress hunk and Walt Disney who Tefer Coada Tod tiie two on a tour of the children s pet land. At photo racist assails Boston prelate new Orleans a an communicated new Orl a segregationist has voiced implied criticism of Richard Cardinal dishing of Boston for the roman Cath Olic prelate s membership in the National association for the advancement of coloured people. Leander Al Perez or excommunicated with two others by archbishop Joseph Frand hum Mel in a school segregation dispute displayed a photo to 500 persons in an auditorium and said it showed a. Cardinal giving $500 for life membership in the a act. Now what do you think of that he asked the crowd. While identifying the prelate As the ear Dinal of Boston purest never referred to him by name. In Boston Cardinal cashing issued a statement praising As courageous archbishop Runnel a stand. It said if denunciation by racists is the Price to be paid for being identified with archbishop rum Rael i ant Happy to share his Burden in what Ever Way i May. The courageous stand of the archbishop of new Orleans deserves the wholehearted support and encouragement of each one of in. For those Seg Tega Toni to who brazenly oppose tic Workings of social frolic end Christian Charity we should Pray that they May Correct their ways
