Word: refundability
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...other extreme was Illinois Bell Telephone Co. Despite record volume and a big tax refund, it glumly reported that current earnings were down to Depression lows. Main reason: since 1940, revenues have increased 59%, wages...
This week, with CAB permission, the domestic airlines finally clamped down on no-shows. From now on, passengers who fail to cancel their reservations before flight time, unless the flight is canceled by the airline itself, will be charged 25% of the fare when they apply for a refund on the unused ticket...
...operative Society sales boomed to an increase of $373,000 over last year resulting in a total refund of $145,000 to 21,238 patrons, it was stated in the annual report of the directors at a meeting of active members yesterday afternoon in Harvard...
Maintaining last year's two percent increase in dividends, the stockholders of the Harvard Cooperative Society in their annual meeting last Wednesday again approved the 12 percent refund on cash purchases and 10 percent on charge purchases for all members. The funds reppresenting expenditures over the fiscal year ending June 30, 1946, will be distributed starting Monday, October...
...work. The architect will get $10 a house. The Cleveland Trust Co. will give mortgages, at 4% interest, up to the full price of the house. Templeton is betting that the houses will cost less than $6,000 each. Buyers will pay $6,000. But they will get a refund if the houses cost less. Says Templeton: "I've bet a builder $10 to a bottle of Scotch that the veterans will get a rebate of about...