Word: ownership
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Dates: during 1930-1939
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...suite, plays many phonograph records, has only one specialty-night baseball broadcasting. It has made a little money. As for KFJZ, Elliott last week told the F.C.C. that his wife knows everyone in Fort Worth and that the station's business is already increasing in anticipation of her ownership...
...colleges Haverford and Swarthmore, both in Philadelphia's environs, the Friends met daily in Swarthmore's roomy Field House and its towering limestone chapel. Foreign delegates soon learned that the chapel was given by Philadelphia's rich Quaker Clothier family, while the other-half of the ownership of the city's famed department store, the Quaker Strawbridges, are benefactors of Haverford...
...already bankrupt and others hard-pressed to meet their fixed charges alone. Said Railway Age: "Unless the series of developments now rapidly tending to bankrupt virtually the entire railway system of the U. S. is immediately arrested, the American people may suddenly awaken to a realization that government ownership and operation of railways have become almost or actually unavoidable...
Last week government ownership of railways finally went completely into effect in France when the Popular Front Government took over control of six private roads, merged them with two other lines the nation already operated. Since 1931 France has underwritten some $1,050,000,000 annually in losses for these six private systems. In the future the government will hold 51% of the new capitalization, including a $1,046,000,000 assessment for the private lines, and private shareholders will have virtually no say in their operation...
These "air pockets" that even the specialists did not care to bridge were caused by an overnight decision of the New York State Public Service Commission. Steam's friendly neighbor, Consolidated Edison of New York, which has long owned stock control of Steam, last spring brought its ownership up to 96% in open market purchases which squeezed the price of Steam common from $17 to $33 per share in a fortnight. Anxious to merge Steam with its gas & electric properties, Consolidated applied to the Public Service Commission for permission to offer its own preferred stock in exchange for Steam...