Word: optional
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Dates: during 1920-1929
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Seeing the University of London's plight, the Government lately offered it an option on eleven acres of good Bloomsbury soil adjacent to its University College hospital site, right behind the British Museum, hard by a number of learned headquarters such as the Royal...
Historical Society, the Bureau of British Universities, the American University Union. The district is quiet and dignified, well served by tram, tube and busses, seemingly an ideal spot for a concentrated university quarter. The option was to expire April 1, but up to last week the University of London had done nothing towards taking it up. A dozen reasons were given-the site was too cramped, too citified, too expensive. The real reason was concealed- the "bigwigs" of the University's colleges were afraid of being nudged and bunted by one another's reputations and personalities if brought...
Special Clauses. 1) After Sept., 1928, Italy may exercise the option of postponing the payment of that part of any half yearly installment which exceeds £1,000,000, for not more than two years. Until such postponed installments are paid up they will accumulate interest at 5%. 2) Beginning Sept., 1928, Great Britain agrees to return to Italy in half yearly installments the £22,000,000 deposit in gold bullion which was shipped from Rome to London during the War, as an earnest of Italy's fiscal good faith. At first the gold will be shipped back...
...illustration of this false standard has just come to light in connection with one of the literature courses open to graduates and undergraduates. A list of subjects for long reports was submitted to the members of the course, who were given an option on their choice of subject with the understanding that for those who did not exercise this option an arbitrary assignment would be made. One Senior, not choosing his own subject, was assigned one by number. Carelessly misreading the number, he wrote upon the wrong subject. In punishment for this mechanical slip, the student in question was given...
Last week Mr. Rosenwald exercised his option; bought the 50,000 shares of stock back at par. They cost him 5 millions where, in open market, they would have cost 12 millions. Thus he makes a paper profit of some 7 millions, a profit which he might not have made had he not "given away" his stock...