Word: licensee
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Dates: during 1940-1949
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In peace, Gus Swebilius went on working in gun laboratories and factories, in 1926 founded High Standard (to make sporting rifles, pistols). Last fall, the British wanted quick production of a .50-caliber Browning to mount in fighters (eight per British plane). Because Colt's Patent Firearms Manufacturing Co...
In a Pittsburgh traffic court Fighter Billy Conn, light-heavyweight champion, was arraigned for speeding, driving without a license, released on $500 bail. Same day, Fighter Conn's father, William Conn, drew a $5 fine for fighting in the street.
>The Government attached funds of the giant I. G. Farbenindustrie, German dye trust. Indicted last winter with several U.S. companies for violating the antitrust laws in the magnesium industry, officials refused to appear, contending they were not doing business as a U.S. corporation. The Attorney General claimed that the seizure...
By the new agreement the Mutual chain will pay 3% of its gross receipts on a blanket license agreement for the first four years, 3½% thereafter until January 1950. Payment on a pay-as-you-play basis was rejected by Mutual on grounds that the bookkeeping would be too...
Secretary of the Navy Frank Knox last week showed that the Administration has more than one way to skin a cat. On the ultra-public arrival of the crippled British battleship Malaya in New York harbor (TIME, April 14), he delivered merely a smart left-hand rebuke to newspapers which...