Word: ownership
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Dates: during 1920-1929
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...Exchange, which is a voluntary association, is equally free. Last year, the Exchange authorities called Nathan J. Miller,* senior partner of the Stock Exchange house of Miller& Co., on the carpet. His firm was found guilty of "washing stock,"-i.e., making fictitious sales without real change of ownership-in the shares of the Southern States Oil Company on the Curb Market, and promptyl expelled from the Stock Exchange. Mr. Miller secured a temporary injunction to this order. But this injunction has recently been dissolved by Justice Robert F. Wagner of the N. Y. Supreme Court and the action...
...Northwestern Railway. When the Government took over the railroads, he became first General Solicitor of the "Northwestern" and then general counsel of the Railroad Administration. In March, 1921, he was appointed Director General of the railways to settle the controversies arising out of returning the roads to private ownership. Now in his 60's, bald, white fringed, quizzical, he is completing the task. For JO years he has carried a rabbit's foot...
...protÉgÉ. He does not favor a third party or labor party. He has been active against communist propaganda and the extreme radicals in the labor movement. He has leaned to the progressive group in promotion of a Workers' Educational Bureau and in support of Government ownership of railways. But, on the whole, he is in the middle ground with a leaning toward the conservative wing...
...bill before the Senate was the Norris Bill for Government ownership of Muscle Shoals?a bill drawn and supported by Senator Norris, Chairman of the Committee on Agriculture. But the bill discussed was the Underwood Bill for leasing the Shoals to private operators (TIME, Dec. 15)?a bill proposed and supported by Senator Underwood in whose domain (Alabama) the disputed project lies...
...Park (famed Long Island track), owner of many celebrated horses?Rock Sand, Norman III, Tracery, Man o' War, Ladkin. These swift beasts wore his famed colors?scarlet, maroon sleeves, black cap?to victory. His greatest regret was that he sold Man o' War to S. D. Riddle, under whose ownership he developed into the "fastest horse since Pegasus." Last fall (TIME, Oct. 6) his fleet Ladkin defeated Epinard, the touted French colt, at the Aqueduct race course...