Word: ltd
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Dates: during 1930-1939
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...Great Northern Railways. By a 5-to-4 decision, the holding company was found in restraint of trade, its control of the two railroads was disestablished. Last week, with 23,063 shares of Chicago, Burlington & Quincy Railroad and 28,557 shares of Crow's Nest Pass Coal Co. Ltd. in its portfolio, Northern Securities board of directors proposed that the oldest railroad holding company be dissolved...
...BACHE, well-known Jewish financier and philanthropist, head of the firm of the same name in Manhattan, organized two Canadian corporations. To one of them, the Wenonah† Development Co. Ltd., he transferred $13,000,000 of assets in 1930. Thereafter the income from this money escaped the high personal surtaxes which Mr. Bache would have had to pay if he received it directly. From his company he borrowed $2,300,000 in 1932 and in 1934 the interest which he then paid the company canceled out his remaining U. S. income, thereby making him virtually income-tax-free...
Example: Jones, Ltd. earn $20,000. One-fifth of the difference between that sum and $60,000 is $8,000. So from their $20,000 income, Jones, Ltd. deduct $10,000 plus $8,000 and pay Simple Simon's Super Tax of 5% on $2,000 of profits, over and above their normal...
Both lads rose in the world. From schoolteacher and invoice clerk, MacDonald became in 1924 Britain's first Laborite Prime Minister. Grant started as a baker's boy in an Edinburgh biscuit company, became general manager of McVitie & Price, Ltd. and wealthy enough to give Scotland a National Library...
Winnipeg Free Press Co. Ltd...