Word: one-tenth
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...which Cineman Fox bought in 1929. In return, it gave Fox $28,800,000 cash, also nine-tenths of its common stock. The common stock, however, was divided into voting and non-voting classes, and that which Fox received may not vote for Film Securities' directors. The other one-tenth went to the Chase-headed syndicate which underwrote the $30,000,000 worth of Film Securities notes and preferred stock. Thus Fox no longer controls the 660,900 shares of Loew's which amount to working control (48%) of that company. Although a Government suit against...
...Holyoke Colleges. All present were urged to help create public interest in higher education for U. S. girls. President Ellen Fitz Pendleton of Wellesley College complained that the seven colleges represented at the luncheon gave education.equivalent to that offered by seven highest ranking male institutions, but received only one-tenth the males' endowment. Said she: "The women's colleges are asking not a dole, but justice...
...relay. Lanky, pale-faced Percy Beard of Alabama equalled the world record in both his heats for the hurdles and then led dark-haired Lee Sentman, last year's champion, and Gene Record of Harvard, intercollegiate outdoor champion, in the final. His time of 8.5 sec. took one-tenth of a second off the U. S. record. The Penn Relay team won their race easily. They were anchored by Carl Coan who, generally late for practice, is seldom late in a race. His teammates were James ("the Rabbit") Healey, Howard ("Schoolboy") Jones, Horace ("Horse") Steele. They had beaten...
...allows each man to undertake that which he feels able to do and yet involves to obligation on his part. If the plan were accepted there would be men in the class who would be interested in buying $10,000.00 insurance and who would be willing to have one-tenth of the dividends paid to the Fund. There will be men in the class who would be interested in buying a $50,000.00 policy and who would be willing to have 50 percent of the dividends paid to the class. There would be men who would have no desire...
...Wilson astronomers about their observations of the red shift. At the same time in Cleveland, Dr. Harlow Shapley, director of Harvard Astronomical Observatory, reported some data about the expanding universe which he expects to repeat later to Dr. Einstein. Harvard astronomers have just completed a survey of one-tenth of the sky in an attempt to extend Man's knowledge of the universe. Dr. Shapley found 18,000 new galaxies, 1,900 new variable stars. He noticed that stars in space are scattered non-uniformly, much as people are scattered over the U. S. There are immense stretches...