Word: usufruct
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Dates: during 1920-1929
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...United States Steel Corporation has never cut a melon, although it has more than half a billion dollars in surplus. Many common stockholders yearn for this usufruct of 25 years' waiting which Judge Elbert Henry Gary, chairman of the Board, has placidly withheld. Men had tried to tease the Judge into resigning at the April stockholders meeting. They had urged that he was an old man turned 80, had been with U. S. Steel since its inception in 1901, had made a batch of steel highbinders work together and actually practice his ethics in business. U. S. Steel...
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