Word: contract
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...through passenger travel by air completely established over all three, but last week the middle (Santa Fe) line was opened. T. A. T.-Maddux and Western Air Express, operating together as Transcontinental & Western Air Inc. which they formed to fulfill their new joint U. S. main contract (TIME, Oct. 13 ), began 36-hr, service between Newark and Los Angeles...
...persons who, for their own or others' profit, circulate false news or by other fraudulent means create fictitious increases in the value of stocks of companies they represent." One to Three years imprisonment at hard labor and fines of $400 to $1,000 for company officials who contract loans with their own companies...
...against Petro Oil Burners & Fuel Co. of Jamaica for nonpayment of an $182 advertising account (TIME, Sept. 29). Last week Justice Thomas C. Kadien Jr. in Jamaica Municipal Court awarded judgment to the plaintiffs. The oil company had contended that its representative, one Charles Matthews, was without authority to contract for advertising. But Justice Kadien ruled the company responsible, inasmuch as it was aware of the appearance of the advertisement for 14 consecutive issues yet made no effort to cancel...
...Angeles. At Akron, Ohio, last week, Goodyear-Zeppelin Co. was about half through with the first of the two new dirigibles planned for the U. S. Navy. Under the contract, the Secretary of the Navy may yet cancel construction of the second ship. But that is unlikely, because the navy needs at least two vessels of any new sort to conduct experiments. Now its only rigid airship is the Los Angeles, built by the Germans. (Of the 115 German rigid airships built up to and through the War, not one was wrecked by structural defects.) When Germany delivered...
...accounting, commercial law. Now he golfs, motors, fishes, hunts. His summers are usually spent in a palatial home at Madeline Island, Lake Superior, where plies his yacht. In running his business he has one unusual method: when he finds a good man he immediately gives him a long-term contract, sometimes for as long as 25 years...