Word: nonstock
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Pressure. New York's fair is a private business venture set up by 121 incorporators with a board of directors, officers and all the other main adjuncts of an ordinary business enterprise except that it is "nonstock, non-profit," pays no taxes...
...privately-conceived and financed attempt by New York businessmen to drum up new trade. Inspired by the success in this respect of the Chicago A Century of Progress in 1933-34, 118 leading New Yorkers in 1935 formed New York World's Fair 1939 Inc., a nonprofit, nonstock corporation whose officers get no remuneration. New York City is crashing through with about $25,000,000, New York State with $10,000,000, but this is not a subsidy, for a large part of the money is being spent in basic improvements and reclamation of the Fair site which will...
| 1 |