	manhattan nat l mlc holders vote stock sale manhattan national corp said its shareholders overwhelmingly approved a proprosal through which union central life insurance co took control of the company by uiring about mln shares of newly issued manhattan national common stock for mln dlrs the company said the transaction gives union central a cincinnati based mutual insurance company a total of shares of manhattan national stock or pct of the total outstanding manhattan national said about three mln dlrs of the invested funds will be used to repay short term debt and two mln dlrs has been earmarked for other short term needs the remainder will be available for the company s insurance units or for other business purposes it said charles c hinkley president and chief executive officer of union central is expected to be named chairman president and chief executive of manhattan national the company said reuter 
