Word: options
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Dates: during 1920-1929
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...Nickel Plate, Chesapeake & Ohio, Erie, Pere Marquette and Hocking Valley and offering a plan (contested in the event) for unifying them. Leonor Fresnel Loree entered it by control of the Delaware & Hudson and the Wabash, by buying near control of the Lehigh Valley and by getting an option (lapsed in the event) on the Buffalo, Rochester & Pittsburgh...
...Loree had nominally dropped out of the eastern contest. He still controlled his Delaware & Hudson. But he had sold his (i. e., D. & H.'s) control of the Wabash and his near control of the Lehigh Valley to the Pennsylvania. He had forfeited his option...
...National League listened on Monday to its president, John A. Heydler, propose to make out of the baseball nine a baseball ten. Mr. Heydler would give every manager the option of naming a tenth man on his team who would bat in place of the pitcher when ever the rotation got to the bottom of the batting order. The pitcher would continue to pitch, always sitting on the bench between innings, until his usefulness on the mound was exhausted...
...Bacon Fall, defamed Secretary of the Interior, gave the Lewistown Oil and Refining Co. a contract to buy the Government's Cat Creek royalty oil. As in the case of Oilman Harry Ford Sinclair's contract for Salt Creek, Wyo., oil,* Fall gave the Lewistown people an option to renew their contract after five years, although no such option had been mentioned in the advertisements for bids. Dr. Hubert Work, Fall's successor, renewed the Cat Creek contract last year without getting the Department of Justice's opinion. Last week Attorney General Sargent advised Secretary...
...contract would be an operation lease. The Salt Creek field was leased to other operators, not to Sinclair. Lessees extract oil and pay the U. S. royalties of oil or cash. Sinclair's contract was to buy royalty oil from the U. S. at certain prices, with an option to renew the contract if he found the prices profitable. The voiding of Sinclair's buying contract in no wise affected leases in the Salt Creek field. Sinclair's contract was voided because his option was, in effect, secretly obtained, i.e., not mentioned in Fall's advertisement...