Word: charter
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Dates: during 1950-1959
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...first issue of Wisdom, a glossy "class magazine for the masses," went out to charter subscribers last week. In Beverly Hills, Calif., Editor and Publisher Leon Gutterman, 39, an ex-movie pressagent, claimed that his new monthly ($7.50 a year) already had 150,000 subscribers. The magazine has about 100 backers, who put up $1,000,000, according to Gutterman. Intended to popularize the wisdom of the ages in words and pictures, Wisdom in its first issue carries such bylines as Dwight D. Eisenhower. Bertrand Russell. Mohandas K. Gandhi and Henry Ford II. Their pieces have all appeared elsewhere...
...dozing for months while the company's troubles piled up. It was founded by Albert Benton Shoemake, 59, a Waco insurance promoter, who had gone broke with another insurance company in 1938. In 1945 he founded U.S. Trust & Guaranty under an old Texas law that permitted him to charter an insurance company to handle some banking too, thereby duck regular bank-examiners' inspections. His insurance charter should have been issued only after he filed articles of incorporation with the secretary of state. But U.S. Trust & Guaranty never took out a corporate license. Shoemake promised 5% returns on "certified...
...undergraduate organization, dedicated to gathering information about the preparation for and practice of law, will seek its charter from Dean Watson and the Student Council today...
...Samoan port of Apia one day early last October on a routine, 40-hour voyage to the nearby Tokelau Islands. Sudden line squalls, uncharted shoals and the whirling menace of unheralded waterspouts are common hazards to navigation in that part of the world, but during his years as a charter captain and fisherman in the South Seas, Dusty Miller, who habitually stood his watches in native costume, had brought his little ship safely through many such perils, and on this, his last voyage, no storms of undue severity were reported. Yet Miller and his passengers never reached the Tokelaus...
...effect of this union," Brady said, "is the emergence of one, moderate conservative organization. The Conservative League goes out of existence and its charter with the University is rescinded." A letter has informed Dean Watson of the change, Brady said...