Word: ownership
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Dates: during 1930-1939
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...form the marketing unit Standard Oil of New Jersey, Columbia Gas & Electric Corp., and the private Benedum-Trees interests of Pittsburgh will throw their Tioga properties into a holding company called Lycoming United Natural Gas Corp. It is understood that Standard Oil will dominate the field by ownership of 50% of Lycoming United stock, followed by 30% for Columbia Gas, 20% for Benedum-Trees. The market Lycoming United will serve is the Syracuse area, active industrial district directly north of Tioga, where there is a potential annual demand for 10 billion cu. ft. (Buffalo, second biggest city in New York...
Kresge to Kresge. The Kresge Department Store in Newark has long been a big loser for Kresge Department Stores Inc., which shares its ownership with Sebastian Spering Kresge. Last week Storeman Kresge bought the remaining half interest in the Newark store from the department store company for $2,000,000 and assumption of certain liabilities, stated he still had faith in his original judgment but was "not insensible" to the opinion of other shareholders that it should be sold. Kresge Department Stores, Inc. also owns the Palais Royal in Washington, D. C., has a large interest in The Fair, Chicago...
...tippling old corn whiskey with his friends. Though he grunted when he heard the news, Wilbert Robinson could not have been much startled. His mortal enemy, Stephen W. McKeever, chairman of the board of directors, has been urging his discharge for years. Another faction in the Club's ownership, composed of heirs to the estate of the late Charles H. Ebbets, upheld Robinson till this year when the Robins, favored to win the pennant, finished fourth...
...found financial allies in the Pacific-the Robert ("Round the World") Dollars, the San Francisco Fleishhackers and Steamshipman Kenneth Dawson of Portland. Their bid topped the rival offer by $170,900 but dodged responsibility for operating the elephantine S. S. Leviathan by asking the Government to assume ownership and lease the ship for a minimum schedule of five sailings at U. S. Lines' expense...
...before you have finished it; The Silver Eagle is no exception. As in Little Caesar, the scene is contemporary Chicago, but this time the hero is no gangster but a racketeer perforce. Francis Cecil Harworth (ne plain Keogh) has come up from scratch to a position that includes the ownership of several nightclubs, a gambling house, a Rolls-Royce and a limited but attractive choice of women. All his businesses are strictly legal with the exception of the gambling house. Harworth is a hard young man with no sense of humor, big ambitions; he is making good money but wants...