Word: owner
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Dates: during 1930-1939
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...receives the right to royalties-usually one barrel out of eight. After the land is producing steadily the royalty right can usually be sold. The price is based on the .estimated life of the well. If the well gushes for 20 years instead of an expected four, the royalty owner is rewarded far more handsomely than he expected. Hence speculation in royalties. Of U. S. royalty dealers, biggest and most renowned is J. Edward Jones, 37. Mr. Jones worked his way through the University of Kansas by soda-jerking. He served an enlistment term in the Navy. After...
...Supreme Court's change involved a tax imposed in 1929 by Indiana on chain stores. Under this law the first store pays the State $3 per year, the next four pay $10, the next five $15, the next ten $20 and all above that $25. Lafayette Jackson, owner of a grocery chain of 225 stores on which he was taxed $5,443 as compared to $675 for the same number of individual stores, appealed to the Federal Court on the ground that the tax was discriminatory. A circuit court upheld his contention. But the Supreme Court overruled him, validated...
Month ago in Manhattan, idle seamen complained to the municipal employment bureau that certain U. S. yacht owners were importing foreign seamen under bond to run their boats, instead of employing U. S. hands. The bureau took the names of the yachtsmen complained against, sent them to Secretary of Labor Doak. Last week in Manhattan the sport of tycoons was again mentioned in connection with unemployment. Explained Broker Edward F. Button, owner of Hussar...
...spanking breeze was blowing up one day last fortnight as the schooner Livonia nosed out to sea past Plana Cay near Acklin Island, Bahamas. At the helm was Rt. Rev. Roscow George Shedden, Anglican Bishop of Nassau, master and owner of the Livonia. A hearty amateur yachtsman, a onetime (1909-19) captain in the British Royal Fusiliers, Bishop Shedden has since 1919 been spiritual lord of the Bahama, Turk and Caicos Islands-a diocese embracing 13,122 church members, 83 churches, extending some 175,000 square miles of land and sea. To visit his flock he had embarked...
...collection which bears Professor Schofield's name was the largest private library in Iceland, and was purchased directly from its former owner, Kristjan Kristjansson, a merchant of Reykjavik, who had spent many years gathering it. It contains works both of mediaeval and of modern literature but is particularly rich in the modern field...