Word: patenting
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Dates: during 1930-1939
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...hammering of the past months, not even the bitterest opponent has belittled the Hoover mind. The intellectual stature of him is too patent. . . . It is wide thinking, it is fast, it is intuitive, it is as accurate as a die, it is flexible, it is creative...
...radio industry has been the team of poker-faced, precise Bertram James Grigsby and round-faced, shouting, swearing William Carl Grunow, but last week this team was forever severed. During the past year depression visited Grigsby-Grunow Co., and its refrigerator affiliate, Majestic Household Utilities. A $4,000,000 patent suit was lost to Magnavox Corp. of San Francisco. The company resigned from Radio Manufacturers' Association, lined itself against Radio Corp. of America. For these and many other things, the company's bankers blamed loud Mr. Grunow. Last week the company's directors proposed a big personnel...
...Carbon worked together in Universal Oil Products, fellow-workers were confused, so Son Carbon took a middle initial, "P." They expanded it to "Petroleum." After his father's death, Carbon Petroleum Dubbs worked hard to perfect the invention. He increased the company's patent holdings to more than 1,000, issued and pending. Last week he, 49, once poor, grey now and serious-eyed, received $3,582,045 for his share of these assets...
...even Ogden Armour's daring would not have borne fruit. Promoter Halle rushed back & forth between his Chicago and Manhattan apartments and his farmhouse in Westchester County (all full of expensive antiques, which he collects passionately) to promote Carbon Petroleum Dubbs's inventions and to direct patent suits such as the one against Standard of Indiana, which already has cost $1,800,000, is still to come to trial. Previously he had helped Armour retrieve a failing investment, Standard Asphalt & Rubber Co., and sell it to Oilman Henry Latham Doherty. His share in the profits last week...
...Deal. When Dubbs's "cracking" was perfected, President Halle began in 1922 to grant oil companies rights to use Dubbs's patent and pay him royalties. Last year some 250 scattered units "cracked" about 40.000,000 bbl. of gasoline from the residue of crude oil left when other refining processes in use had finished. Among the operating companies were Standard of California and Shell Union; the royalties they had to pay were tremendous. So a holding company for them, called United Gasoline Co., negotiated to buy Universal Oil Products for $22,249.999. Halle, Dubbs, et al and most...