Word: partnership
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Dates: during 1930-1939
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...Wilson helped junk the Republican machine by winning their jobs on the Democratic-Town Meeting (Fusion) ticket. This year their friendship turned to bitter rivalry when each one decided to go after the Republican nomination for Mayor (TIME, Sept. 16). Philadelphians, curious to know which member of the onetime partnership had been its political brains, watched their contest eagerly. So did outsiders interested in seeing how the third city of the land would choose between a brilliant but colorless student of finance and a seasoned, shouting, arm-waving politician...
Then Mr. Stanley revealed that he would head the new concern, that it would start with $7,500,000 of capital, that it would open for business Sept. 16 at No. 2 Wall Street. Unlike J. P. Morgan & Co., the new house will not be a partnership but a closed corporation. Capital will be provided by sale of $500,000 of common stock and $7,000,000 of preferred, a good deal of which will be bought by certain of the 17 remaining Morgan partners. But all the common stock, which carries the sole right to elect directors, will...
...Stanley of Morgan Stanley & Co. (there is no comma, no hyphen) was the Morgan utility expert, having been admitted to partnership in 1928 when the firm was exploring the power industry. His father was William Stanley, engineer, inventor (thermos bottles) and founder of what is now General Electric's works in Pittsfield, Mass. Born nearly 50 years ago in Great Barrington, Mass., Son Harold was the eldest in a family of nine, and his brother Clarance is now head of the Mellons' Union Trust Co. in Pittsburgh. After graduation from Yale where he led the intercollegiate championship hockey team...
Every Night at Eight (Paramount) is the cinema's first effort to dramatize the current radio craze for "amateur hours." It concerns the efforts of three ambitious factory girls (Patsy Kelly, Alice Faye and Frances Langford) who, itching to squeak through microphones, form a partnership with an equally ambitious leader (George Raft) of a CWA band, become famed as the Swanee Sisters...
...records showed that, with police connivance, bookmakers, slot-machine operators, brothel keepers were systematically tipped off in advance of raids upon their premises. Not only did the police maintain a profitable partnership with lawbreakers, but they were in cahoots with lawyers, who were duly advised when a likely case was in the making. Sample conversation...