Word: payments
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Dates: during 1960-1969
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...year (typical charge: $15 for installation, $5 a month service fee) but pay nothing to the people who originate the programming. In the view of the critics, this action is roughly comparable to reprinting somebody else's book without permission. To test the broadcasters' right to require payment from the cable firms, United Artists Television Inc. sued a West Virginia CATV company that had retransmitted to its subscribers several United Artists films and cartoons from three out-of-town channels. Last week the U.S. Supreme Court held 5 to 1 that CATV is free to operate without paying...
...Will Rogers observed 37 years ago, "that it takes lots of money to even get beat with." What would Will say today? By convention time in August, presidential hopefuls will have shelled out at least $20 million-$16 million of it on primaries-and that is just a down payment on the $80 million more that they are expected to spend by Nov. 5. This year's total campaign tab, for all races down to dogcatcher, is estimated at $250 million, up 25% from...
...Federal Credit Union, which is employee-owned but federally administered. As he reasoned, the City of Memphis had no right to prevent its employees from designating some portion of their wages for the credit union. Result: the wages were duly deducted for the credit union-then transferred for payment as union dues, saving face all around. Such conciliation would be far easier if adversaries would only heed the aphoristic advice of Danish Scientist-Poet Piet Hein...
Davis is beguilingly guileful as a runaway slave who changes hands like a dirty dollar. He is captured by a band of Indians, who unload him on Fur Trapper Lancaster as "payment" for the load of skins they steal from him. The redskins, in turn, are zapped by a batch of bounty hunters, who earn their living by selling Indian scalps for $25 apiece, and Davis gets himself captured by these private enterprisers. Their queen is Shelley Winters, a refugee from a fancy house. She nurses her stogie on a brass bed in the covered wagon...
...founder's ouster. With $2,800,000 in debts coming due by May 1, Lytton Financial found itself with too little cash on hand or in sight to repay its creditors. The company owes $1,600,000 to the United Automobile Workers Union on a note bearing a payment date that has already been postponed from April 2 to April 25. It owes another $1,200,000 to a group of institutional investors, including Investors Stock Fund Inc., a mutual fund managed by Minneapolis-based Investors' Diversified Services. In a report Lytton has just distributed to its shareholders...