Word: ten-year
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...Rich Dry Goods Store" has come. Last week, presiding over its centennial-year annual meeting, Grandson Richard H. Rich, 65, the present chairman and chief executive, ticked off statistics. Rich's last year rang up sales of $148 million for a 12.9% gain over the previous year (v. 3% for U.S. retailers in general) and showed earnings of $14,450,000. Return on equity was a solid 13.6%. And with operations outgrowing its main store and five branches, Rich's is about to undertake a ten-year $115 million building program, in which it will enlarge three branches...
...past is not steeped in proud tradition, T.S.U.'s failure is even more in doubt. Faculty members complain that there are no real plans for the future of T.S.U., that no one talks of twenty, fifty, or even ten-year programs for the school. Plans are arranged, year by year, according to the funds that the legislature appropriates. It is likely that the school will eventually be merged with the burgeoning University of Houston. The edges of the two campuses are only three blocks apart...
...jury trial had been requested by the owners of an apartment building on the edge of the John F. Kennedy Memorial Library. Harvard went to court late last year to compel the owners to sell to the University under a ten-year old option agreement...
...Ten-Year Option...
Under the original option agreement, signed in 1956, the University received the right to buy the apartment any time during a ten-year period for $250,000 plus small additional amounts for improvements made on the building...