Word: maximum
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There is, unfortunately it must seem to every one who desires authoritative student control of the Society, temporarily a necessity for keeping artificially the number of members below the present maximum, and this might best be done probably by a slight increase in the cost of membership tickets. Such an increase would go to the clear profit of the Society; and strictly it seems no more than just if the incorporation brings all the financial improvements which are anticipated from it. But even the increase of less than a dollar, required immediately to reduce the membership by 988 would...
...Society should be incorporated with a charter which embodies these following features: The number of shares originally authorized should be as large as the maximum probable ticket membership of the Society for any number of years to come. The par value of each share should be the price of a membership ticket at present, one dollar; or, if that be not feasible under the Massachusetts law, as one of the Committee's legal supporters has already tentatively objected, two dollars, which would be sufficient to remove any "small capital" difficulty. One share of stock should belong to each member...
...Harvard Co-operative Society makes all of its purchases on a cash basis--wisely, in order to secure the maximum discount. Practically its only outstanding obligations, therefore, are its leases, and its realizable assets, its stock, are vastly in excess of these liabilities. In proportion to its business it is probably more sound financially than even the Memorial Hall or Randall Hall Dining Associations, excellent institutions as they are. The Directors now propose that this very successfully managed co-operative organization be discontinued, for the new form of organization is co-operative neither in form nor in effect...
There is no fee charged for tuition at the School and the maximum cost of a year's study, everything included, is not more than...
...national championship preliminaries a score of 60 per cent of the maximum must be attained...