In the event of an atomic attack, the Commerce Department fears that "corporate amnesia" may cripple many companies; casualties may be so great that the boards of most companies which require a quorum to make vital decisions would be unable to act or pick successors to those killed. Last week, complying with Commerce's new "continuity of management" program, Western Union asked stockholders to approve two simple changes in company bylaws. The changes: 1) remaining board members may elect new directors with "less than a quorum," and 2) surviving vice presidents may succeed the president in order of seniority. Other top U.S....
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