Word: one
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Dates: during 1920-1929
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During the summer, Cineman Fox, proud of the quick expansion that had brought his organization Loew's Inc., Metro-Goldwyn-Mayer, and the Gaumont Theatres in England, decided to consolidate all his holdings into one In September the authorized Class A stock of Fox Film was increased from 900,000 to 4,900,000 shares, but the consolidation never took place. Last summer Mr. Fox, injured in an automobile accident (TIME, July 29), was away from his office for almost two months. When he recovered he scarcely had time to start his plan with an attempt to distribute...
...sold a large block of Central States Electric at a price considerably below the market. Seller, number of shares and price were not announced. But Blue Ridge assets showed a November appreciation of $12,000,000 and Central States on the day of the sale closed at 28. One method of giving Blue Ridge a $12,000,000 profit would have been to sell it 1,000,000 shares of Central States at 16 (12 points below the market). As to the seller, Harrison Williams' control of Central States and part sponsorship of Blue Ridge indicated him as Angel...
...Bolivian general store, he accepted from a debtor certain mountain lands instead of $250. The store discharged him after making him pay $250 in cash. Impoverished, he went to see the land, dug, discovered tin. Today he heads the Patiño Mines and Enterprises Consolidated, is one of the world's richest men, with a personal income exceeding that of the Bolivian Government. Although as Ambassador to France Patiño divides his time between Paris and his Biarritz castle, he is still the "beeg boss" to Patiñ0 Mines' employes...
...habit: "1. Start a saloon in your own house. "2. Be the only customer and you will have no license to pay. Give your wife $2 to buy a gallon of whiskey and remember that there are 69 drinks to the gallon. "3. Buy your drinks from no one but your wife. By the time the first gallon is gone she will have $8 to put in the bank and $2 to start business again. "Should you live 10 years and continue to buy booze from her and then die with snakes in your boots, she will have money enough...
Living Together. Lou Tellegen, actor, onetime husband of Geraldine Farrar; and one Eve Casanova, chorus girl; in Manhattan. Announced she last week: ''We are man and wife but we are never going to get married...