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...bristle-whiskered jaw of Henry Latham Doherty, eloquent master of far-flung Cities Service Co., clamped shut with satisfaction last week upon a decision in the Shawnee County Court at Topeka, Kan. It was the end of the third round in the great utility championship bout between Cities Service and the State of Kansas, and the round was Tycoon Doherty's. In the first round, Banking Commissioner Carl Newcomer had suddenly suspended sales of Cities Service stock (except first preferred) in the State. In round No. 2, Mr. Doherty's lawyers got a temporary injunction staying the Newcomer...

Author: /time Magazine | Title: Business: Doherty v. Kansas (Cont'd) | 7/27/1931 | See Source »

Died. Samuel J. Tilden Straus Jr., 19, Harvard junior, son of Board Chairman Straus of S. W. Straus & Co. and S. W. Straus Investing Corp., Chicago; of injuries sustained in an automobile accident; near Dodge City, Kan. Accompanied by two other Harvardmen, he was on his way to Arizona for summer vacation when three tires blew out simultaneously...

Author: /time Magazine | Title: Milestones, Jul. 20, 1931 | 7/20/1931 | See Source »

Crude Oil seeped down to new price levels, selling as low as 10? a barrel, with top prices at 22?. Frightened oilmen launched a producers' strike. In Wichita. Kan. independent operators voted to close down about 22,000 wells, declared that prices were under cost of production. In the Oklahoma City field 13 companies with a potential output of more than 2,000,000 barrels daily followed suit...

Author: /time Magazine | Title: Business & Finance: Index | 7/20/1931 | See Source »

...they would split future profits. He was six months slow in making good his boast, but the friends decided that 100%, in 18 months was fair enough. Now J. Edward Jones has royalties covering some 250,000 acres of oil land. He has offices in Manhattan, Boston, Tulsa, Independence, Kan., and Dresden, Germany. Last week he merged seven of his royalty companies into Consolidated American Royalty Corp. with holdings worth $8,000,000 which last year produced $1,402,000 gross revenue. Mr. Jones will be the company's president. Its chairman will be Frank Haskell, former president...

Author: /time Magazine | Title: Business & Finance: Royalty | 6/8/1931 | See Source »

...orations. Second place was won by Ever Louise Conner, 16, of Chicago, only girl in the final contest, who it was said might have won first place had she not exceeded the time limit and been stopped by a whistle blast. Winner was Robert Gibson Rayburn, 16, of Newton, Kan. Tall, redhaired, Orator Rayburn spoke in a low. quiet voice. Excerpt from his oration: "The ink on the parchment where the Constitution has been engrossed for years is faded, but if it has been written in letters of living light, this country will march on through the ages, with...

Author: /time Magazine | Title: Education: Oratory | 6/1/1931 | See Source »

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