Word: gannett
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Dates: during 1930-1939
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...first annual meeting, held last evening, the Harvard Legal Aid Bureau decided to maintain offices at 763 Massachusetts Avenue near Central Square to supplement its usual quarters at Gannett House. H. B. Ely 3L was elected president of the bureau for the coming year, it was further announced last night...
...office near Central Square will be used both in morning and afternoon work and in addition morning hours as well as the customary afternoon hours will be held in Gannett House. It was explained that the purpose of the Legal Aid Bureau is to offer gratuitous legal advice and service to those who can not afford to retain counsel. While the individual members of the bureau are not barristers the society is given the legal right of attorney...
When William Randolph Hearst needed money he offered stock to his employes and the public in a new $100,000,000 company called Hearst Consolidated Publications (TIME, June 30, 1930; Sept. 7). Last week Publisher Frank Ernest Gannett (Rochester Times-Union, Brooklyn Daily Eagle, Hartford Times and 14 other papers) announced he would offer $1,000,000 preferred stock in Gannett Co., Inc. But Publisher Gannett insisted that his company did not need money. Said he: "[The company] has never had a losing year. It was making money before the depression. It has been making money since the depression...
...have to worry whether or not the money came in, Publisher Gannett's line of appeal was remarkably insistent. Unlike Publisher Hearst, he ordered his own employes to sell the stock. To each went a circular letter, a booklet of selling hints and a blank prospect list. The letter, signed by the publisher, read in part: "We expect every employee of the company to turn in at least 24 names." The booklet suggested such prospects as "Your relations. . . . People your relatives can suggest. . . . Personal friends. . . . People with whom you trade. . . . Members of your club or lodge. . . ." The prospect list...
...Last year Gannett Co. earned net $964,746. For the first half of 1931 net earnings were $498,455 as compared with $578,688 for the same period last year. But the 1931 half-year earnings were eleven times the dividend requirement of the preferred stock then outstanding. With the sale of $1,000,000 additional preferred stock to the public, it is estimated that earnings for all of 1931 will be about five times the dividend requirement...