Word: one
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Dates: during 1940-1949
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...Hennig was fined ?281,175 ($787,290), one of the largest fines ever handed out in a London court; two company officers were sent to jail. When Winston and Parser appeared in court to claim their part of the shipment of diamonds, worth ?26,134, they were cleared of any blame, but the gems were confiscated...
Oakey L. Alexander, president of Virginia's Pocahontas Fuel Co., Inc., shocked his friends last week as much, he said, as if "Harry Truman had joined the Young Republican Club." The boss of one of the biggest U.S. soft-coal producers went into the oil business. With California Oil Co., a subsidiary of Standard of California, Pocahontas plans to spend about $1,500,000 building an oil terminal at Portland, Me. The 192,000-bbl. terminal will be supplied by Cal-Standard tankers...
Last week the London-Tangier diamond trade, which had enabled U.S. dealers to get gems for one-sixth under their London price, received a mortal blow. In London's Clerkenwell Court, I. Hennig & Co., Ltd., one of Britain's most respected diamond merchants, was convicted of customs evasion and violation of exchange controls. The prosecution charged that I. Hennig shipped ?76,254 ($213,511) worth of rough diamonds to Tangier and attached false invoices to make it appear that the gems were consigned to a Tangier merchant. Actually, the gems were bought by U.S. merchants, among them Manhattan...
Minute Maid Corp., one of the first companies to market frozen orange juice, last week became the owner of its own fruit groves. For $5,000,000, it bought 4,700 acres of orange and grapefruit groves near its three processing plants in Florida from Di Giorgio Fruit Corp., one of the biggest U.S. fruit growers...
Said Board Secretary A. T. L. Watkins: ". . . There are too many scenes of torture and novel means of killing . . . One or two blows in a fight should be sufficient. When it comes to a man's hands being held behind his back while his face is smashed to pulp, we draw the line...