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July 19, 1956

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from July 19, 1956

A.T.& T. TO OFFER A RECORD ISSUE; 5,750,000 Shares at $100 Will Be Sold to Holders, Bypassing Wall St. Stock Price Declines A.T. & T. TO OFFER A RECORD ISSUE

By Gene Smith

Pres Craig announces direct common stock offer of 5,750,000 shares to stockholders on Oct 1, largest such offer and co's 1st since '30; offer hinges on approval by SEC and stockholders at Sept 7 meeting to raise authorized common stock from 60 million to 100 million shares; stockholders to get rights to buy stock at $100 par value on 1-10 basis; may sell or transfer rights and pay in 2 equal installments; stock price drops, NYSE; Craig says debenture issues will remain co's main source of future funds; explains need for stock increase; capital outlay since World War II revd

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U.S. Far East Command To Be Abolished in 1957; Area to Go Under Admiral Stump as Part of Global Move to Gain Flexibility U.S. to End Far East Command, Turn Area Over to Navy Control Spain Is Not Mentioned

By Anthony Leviero Special To the New York Times

Defense Dept repts Far East Command to be abolished in '57; all forces and installations in area, except in SK, to be transferred to Navy jurisdiction under Adm Stump; Gen Lemnitzer reptdly to be transferred to top command elsewhere

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Notable Births

1956Mark Crispin, American computer scientist, designed the IMAP (died 2012)[โ€ ]

Mark Reed Crispin is best known as the father of the Internet Message Access Protocol (IMAP), having invented it in 1985 during his time at the Stanford Knowledge Systems Laboratory. He is the author or co-author of numerous RFCs and was the principal author of UW IMAP, one of the reference implementations of the IMAP4rev1 protocol described in RFC 3501. He also designed the MIX mail storage format.

Historical Context for July 19, 1956

In 1956, the world population was approximately 2,795,409,994 people[โ€ ]