Word: acted
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Dates: during 1930-1939
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...utility counsel who came primed, after nearly a year of preparation, to convince Judge Mack that the Public Utility Act was unconstitutional, or at least to obtain a ruling on that point in order to appeal it, SEC's smart Attorney Robert Houghwout Jackson immediately opened a tricky gambit. He suggested that since Electric Bond & Share had never registered with SEC as the Utility Act required, the point at issue was not the constitutionality of the Act as a whole but that of its registration provisions. Electric Bond & Share, argued Attorney Jackson, was on an illegal spot. It could...
...broader question of SEC's grant of power, Attorney Jackson went into detail on the evils of holding company pyramids discovered in the Federal Trade Commission's survey of 2,300 utilities, on which the Utility Act was based. Conceding that Electric Bond & Share was not necessarily guilty of these evils, he observed that the Bond & Share texture was similar to those in which corporate bubbles had been known to form. He trotted out charts to show that 48% of the gas and 28% of the electricity distributed by Bond & Share's multitudinous subsidiaries were conducted across...
Founded in 1889 by Maine's General Thomas Worcester Hyde, Bath Iron Works has had an erratic record. It nearly went under in 1895 when an experimental armored ram built for the Navy failed to develop the speed required. The firm was saved by a special Act of Congress which authorized the craft's acceptance on the ground that the builders were not responsible for its deficiencies. A few years later Bath Iron Works was sold to Charles Michael Schwab's U. S. Shipbuilding Co., which sold it back to General Hyde...
...show was announced by Finance Chairman Harvey Dow Gibson, public-spirited president of Manufacturers Trust Co. To provide for planning and construction during the next two years, an issue of $27,829,000 in debentures will be offered by the World's Fair Corporation to businessmen-investors. To act as chief salesman for this offering Mr. Gibson named Richard Whitney, Depression president of the New York Stock Exchange...
...reporter interviewed Miss Mayfair in her dressing room as she was preparing for her next act, "but I've spent most of my life in St. Louis, I guess I'm just a natural dancer, for I've had rhythm ever since I can remember, and I've never taken a lesson in my life. We lived next door to a theatre manager, and he put me in a "Kid act" at the tender ago of 11. Gus Edwards saw me there, signed me up, and I've been on the stage ever since. I was in the last "Follies...