Word: contract
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Dates: during 1950-1959
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...addition to these tax payments on University-owned property not used for educational purposes, Harvard, Radcliffe and M.I.T. also pay money "in lieu of taxes" on much other property. Under this voluntary contract with the city, Harvard has paid the city more than $384,000 since 1928. All in all, the University expects to pay the city about $220,000 next year...
...near monopoly on the supply of foreign news. Agence France Presse got shut out when its Indian outlet, the independent United Press of India (no kin to United Press International), founded in the 1930s by leaders of the Congress freedom movement, collapsed last fall. United Press International, seeking a contract to supply Ramanath Goenka's chain, has been pointedly discouraged by the government...
BRITISH ATOM SUB reactor will be built by Westinghouse, first such reactor to be sent abroad. Westinghouse got contract because no British firms build the pressurized water reactor found best for subs. British firms have been concentrating on large generators for power stations...
NORTHROP AIRCRAFT will develop light, cheaper, all-weather fighter (N-156F) for allies under Air Force contract. Plane is simpler to maintain, easier to fly than standard U.S. fighters...
...like many an old-line company, Mutual sowed some financial wild oats on the way up. It was frequently accused of giving policyholders a false sense of security with its promises, then yanking the bed sheet from under them when they got sick, citing the fine print of the contract. The company has also been involved in policyholder suits. One rose out of a decision by the company's officers in 1926 to set up a parallel life insurance company, using Mutual's facilities and staff. Not only did the parallel company, United Benefit Life Insurance...