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out and around. So that I guess by 1980, the Temple holdings would
have been, oh, below 10%.
But what about the foundation?
The Luce Foundation?
Well, the Luce Foundation at the beginning held the bulk
of Harry's estate. But they too had to sell, because by law you
simply can't have that much of your foundation holdings in the stock
Of one company?
Of the sort of parent company.
Because that's a devise that some people have used to
perpetuate their control. And the law says you can't do it. The law
says you can't even be in the same building, I think.
Did the Luce Foundation ever--with its stock holdings--ever
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