Word: mutuals
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Dates: during 1930-1939
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...Little did either of them then dream that in 1936 they would find themselves brothers under their hats. Yet last week Herbert Hoover, no longer President, spoke his mind in Philadelphia, and in Manhattan Raymond Moley, no longer a Braintruster, put his mind into print in Today. To their mutual astonishment they found a subject on which they agreed-arithmetic...
...Dividend-of-the-week was announced by Boston's State Street Investment Corp. to qualify for the exemption granted by the new Federal tax law to mutual trusts which distribute capital gains as well as earnings to their stockholders. State Street plans a $20-per-share payment before the year...
Clark Gable, who aptz pretty embarrassed throughout, is cast as a heavy weight champ, while Miss Davies is the star in a musical productions, improbable as it may seem. At first it's mutual hatred, them love. A publicity promoter, Roscoe Karns, breaks up the happy pair just before the big fight, but it all ends happily...
...position to promote worthwhile activities and interests, hobbies, such as stamp-collecting and the like, which contribute to the enjoyment of college life. Thus many men of similar bents, who often find the Yard a cold and disillusioning experience, can be drawn together by bonds of mutual interest. With other minor improvements in machinery, like the more liberal nomination system for officers, the reorganization reaches its logical completion...
...pleasing to Boston-type trusts as it is irritating to other business is the Revenue Act of 1936. Specifically exempted from both income taxes and undistributed profit taxes were" mutual" trusts which pass on to their stockholders all their net income including gains from the sale of securities. Since the law's definition of mutual seems to turn on the redemption feature of the Boston-type trust, other trusts are now engaged in a three-cornered tussle with SEC and the Treasury against what they consider gross discrimination...