Word: kolster
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Favorable to patent litigation is such an anonymous condition, and out of the radio world came last week announcement of a patent war. Attacking was Kolster Radio Corp. Defending were 19 radio-makers including Grigsby-Gruno (Majestic), National Carbon* (Eveready), Crosley, Zenith, Stewart-Warner, Sonora-"independent" set-makers all. Not included was Radio Corp. of America...
...Kolster Corp. maintained that four basic patents, including a fundamental tuning device by which several condensers are operated with a single control, have been violated. Vigorous prosecution may result in damage suits amounting to many millions, may throw the radio industry into prolonged patent litigation...
...Kolster Radio Corp. was formed in 1926* as a merger of several wireless companies. It supplies the radio portion of Columbia radio-phonographs. From it the Mackay (Postal Telegraph) companies buy all their communication equipment, and it supplies a minimum of one-third of the wired radio apparatus used by wired Radio, Inc., a subsidiary of North American Co. (utility serving 932 cities with population of 6,250,000). With these potent customers, and also with an excellent Kolster radio set, it is likely that Kolster's 1929 earnings will exceed the 20? per share figure reported...
Chief financial figure in Kolster is Sugarman Rudolph Spreckels, board chair man. Chief radio expert is Engineer Frederick A. Kolster. Born in Geneva, Switzer land, transported to Boston, Mass., at the age of two, Mr. Kolster was originally destined to be a musician. His family came to this country, indeed, because his father had been engaged to play a violin with the Boston Symphony. Young Kolster therefore soon had a violin handed to him. But his small hands did not well adapt themselves to the instrument and when to the violin was added a piano, Engineer Kolster, rebellious, entered...
...Pacific Coast last week came frosts. Blighted were peaches, apricots, walnuts, plums, prunes, almonds, grapes, potatoes, and Kolster Radio. The frost on the crops was an act of Providence. The slump in Kolster Radio proceeded from a 1928 earnings statement that showed earnings of 20? a share. Kolster stock has been prominent on the Coast partly through the fact that Sugarman Rudolph Spreckels (TIME, Nov. 19) is chairman of its board, partly through public interest in radio television, talking pictures, and similar manifestations of science in the fields of entertainment and communication. Thus Kolster stock boomed. Lately, however, worried...