Word: southerning
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Dates: during 1920-1929
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...many years the Southern R. R. paid no dividends on its non-cumulative preferred stock or on its common. Meanwhile, with the development of the Southern states, the great Southern carrier fell heir to greater and greater amounts of freight. Profits were garnered and plowed into better equipment and right of way, with the result that operating costs fell rapidly. Presently, earnings on the common became noticeably great, and dividends were suddenly declared on the 5% non-cumulative preferred, and then, at the same rate, on the common. The rise in the latter stock has proved one of the sensations...
...Equity Court of Richmond, however, Judge Beverley T. Crump recently decided against the suing preferred stockholders, on the grounds that preferred stockholders in the Southern have no fixed dividend chargeable on the road's annual earnings, and that therefore the Company is and has been free to pay or not to pay preferred dividends in its discretion, as long, of course, as common stockholders were not better treated...
Some time ago (TIME, June 1, Page 30), a Southern gentleman protested against the appearance in TIME of an advertisement relative to the sale of Cellini's Autobiography. His peculiar case against the book in question was, of course, based on the grounds that the book is immoral, indecent...
...your issue of June 15, Page 5, you quote Mr. Davey as not knowing of any buckeye trees in the state of Ohio. Surely some mistake has been made. Here in southern Ohio, the buckeye is one of our most common?I mean numerous?foresttrees. It grows everywhere. I have six in my back garden. I am confident that, in an afternoon's automobile ride around the Cincinnati hills, Mr. Davey or anyone else who knows trees could pick out 100 buckeyes. In the spring, they are the first of the trees to put forth their leaves and lovely flowers...
...have a Southern democracy, a Western democracy and an Eastern democracy. We have a rural democracy and a labor democracy. We have an agricultural democracy and an industrial democracy. We have a Protestant democracy and a Catholic democracy...