Word: patents
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Dates: during 1930-1939
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During his lifetime Patent Attorney John D. Morgan piled up a fortune of between $1,000,000 and $2,000,000. Last week, in Elizabeth, N. J., his last will and testament was filed. His posthumous hedge against waste: neither of his daughters (heirs after the death of their mother) is to receive her share until she has passed a formal examination convincing the trustees she really knows and understands "the principles of sound investment...
...list. Forgiven, if not forgotten was his 40-year-old gibe: "Knighthood is a cheap commodity these days. It is modern Royalty's substitute for largesse and it is scattered broadcast. Though all would sneer at it, there are few whose hands would not gladly grasp the dingy patent...
...Bald, melon-headed John L. Lotsch, former Brooklyn banker and thriving patent lawyer until sentenced to prison on a bribery conviction of his own, testified that he procured $50,000 in loans for Judge Manton (later repaid) and paid $5.000 more to Bag-Man Fallon. Lotsch always got favorable decisions from Judge Manton. In addition, Lotsch's bank received deposits from receivers Judge Manton had appointed-one of whom, Milton C. Weisman, is law partner of Democratic Congressman Emmanuel Celler...
...twelve corporations. One of these was called National Cellulose Corp. Into National Cellulose went $47,000, put there by George M. Spector, confidential adviser to the late Speculator Archie M. Andrews. To George M. Spector, Archie Andrews gave $27,500. Archie Andrews' Dictograph Products Co. was appealing a patent case before Judge Manton at the time...
Inventions patented in recent weeks at the U. S. Patent Office include the following...