Word: ownerships
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Dates: during 1930-1939
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Under the Curtis-Martin ownership the Inquirer started downhill to failure. Combining it with the famed old Public Ledger failed to slow its descent. In 1934 the Inquirer bounced back on the Paternõtres when the Curtis-Martin interests could no longer pay off their recurrent notes. Still carrying the old Ledger nameplate,* the Inquirer was administered for its absentee owners by Publisher Charles A. Tyler. Morning competition in Philadelphia was supplied by rambunctious New Dealer J. (for Julius) David Stern and his bustling Record (circulation: 221,927). When the Paternõtres sold...
Fortuitously, utility shares were as high in Britain as they were low in the U. S., having boomed on British recovery and the findings of a special commission that public ownership was not in the best British interests. By selling its holdings in Greater London & Counties Trust the U. S. parent company would realize cash to buy up and retire some of the debentures which were plaguing it. While Greater London & Counties Trust supplied about one-half the holding company's total income, the proceeds of the sale would enable Utilities Power & Light to buy at open market prices...
...railroad equipment trust, ownership of the air equipment will be vested in a trustee until the last installment is paid. On railroad rolling stock this ownership is revealed by a plaque with a legend like this: "New York Central Lines Equipment Trust of 1924. Guaranty Trust Co. of N. Y., trustee, owner." On a coach the plaque is usually riveted to the side of the car, on a locomotive below the cab. On American Airlines equipment a plaque to the same effect will probably be attached to the fuselage under the wing...
...word, he sells purchase options upon each dog in a race and, if these are not exercised, buys back such as he may elect at prices determined by him. Strange as it may seem, a considerable number of these options are actually exercised and result in authentic changes of ownership of dogs. The district attorney urges that these purchase options are a mere subterfuge and that the man who buys one of them for $2 merely intends, in truth and in fact, to lay a bet of that amount. Very possibly this is true...
...result of monopoly has meant the ownership of labor as a commodity. If labor is to be a commodity in the United States, in the final analysis it means that we shall become a nation of boarding houses instead of a nation of homes...