Action Industries: A New Approach to Urban Redevelopment and Social Economic Solutions
- Identifier:
- CAC_CC_026_3_285_24_0020
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Title:
- Action Industries: A New Approach to Urban Redevelopment and Social Economic Solutions
- Date Created:
- 1967-01-01
- EDTF:
- 1967-01-01
- Creator:
- unknown
- Rights:
- http://rightsstatements.org/vocab/NKC/1.0/
- Language:
- eng
- Record Type:
- correspondence
- Collection:
- Fred R. Harris Collection
- Collection Finding Aid:
- https://arc.libraryhost.com/repositories/3/resources/57
- Description:
- Action Industries, Inc. is a proposed company aimed at urban redevelopment in a depressed ghetto neighborhood of Los Angeles. The company plans to issue Class A and Class B common stock, with Class B stock allowing Project Action to have voting rights. The company plans to raise funds through the sale of stock and offer a special preferred stock issue to raise approximately $500,000. Project Action, a nonprofit organization, will hold a majority stake in Action Industries and aims to attract investment from the business and financial community. The company plans to offer a variety of small business services and aims to stabilize the neighborhood and benefit the community.
- Topic:
- Land use--Planning, Banks and banking--United States
- Congress:
- 90th (1967-1969)
- Physical Location:
- CAC_CC_26_3_285_24_0000, Box, 285, 24, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
- Location Represented:
- Oklahoma (state), United States (nation)
- Type:
- Text
- Extent:
- 8 Pages
