Word: profitability
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Dates: during 1930-1939
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...American conferences in the world will not keep the United States out of another world conflict, unless Washington, in cooperation with the Latin-American desire for organized peace, takes bold steps to crush the opportunity for commercial profit from a foreign war. Politically this country is isolated from Europe, but not so commercially...
When the Ivy League is formed it will have the benefit of the experiences of other college conferences by which to profit. The League to be effective must not shut itself completely off from the rest of the football world. It must remain small enough to ensure a chance for its members to play two or three outside games besides the required number of League games and yet it must be willing to include others who might prove to be logical additions. It should be formed with the ideal that it will be expanded to include every phase of intercollegiate...
...shares of Industrial Finance debenture stock held by the late Coalman John Markle. The syndicate paid $95 per share. It happened that the corporation was under obligation to repurchase that stock at $105 per share. So the syndicate sold the 14,550 shares to the corporation, making a profit of $145,500 on the transaction. The suit was to recover this sum for the stockholders with interest and dividends which brought total damages to $400,000. Held Justice Pecora...
...stockholders were never informed either of the details of the transaction or of the fact that the members of the syndicate . . . included many of their own officers and directors. This joint and several liability dictates the conclusion that the entire profit of the syndicate . . . may be recovered from the defendants...
Again the football team was the only major sport squad to show a profit, with receipts of $260,003, compared with an income of $291,000 last year. However football expenses were cut $7,000. Track and hockey both reported a rise in their expenses, and while the income for those two sports rose, it is still not enough to cover the deficits...