MANAGEMENT: Old Soldiers Sometimes Buy

At Remington Rand's annual stockholders' meeting last year, Professional Heckler Lewis D. Gilbert had a question for the chair: Why did Board Chairman Douglas MacArthur own no stock in the company? That, the Old Soldier brusquely replied, was none of Gilbert's business (TIME, Aug. 10). In Buffalo last week, as Remington Rand stockholders met again, there was a marked improvement in MacArthur-Gilbert relations. Ex-Corporal Gilbert was pleased to note that the five-star general had since bought 800 shares of company stock, a transaction that had been duly recorded by the Securities and Exchange Commission.

MacArthur accepted the congratulations of "a...

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