Word: profitable
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...charter under the statutes of Massachusetts. If the recommendation be adopted, the stock will be issued by the present Board of Directors to five stockholders; the present organization will thereupon cease to exist. Certain conditions are specified for acceptance of stock: That the stockholders shall make no personal profit; and they shall provide for the addition each year to the capital stock of a portion of the profits and for the distribution of the rest of the profits to the ticket-holders of the Society. The transfers are to be only to members of the Faculties, as it is proposed...
...that it was the last opportunity for a student to enter the school by passing admission examinations. Only 100 of the entering class passed the mid-year and final examinations. This was due to the fact that many entered too young and with insufficient training to enable them to profit by the instruction offered...
Ainslee's--"Profit-Sharing in America," H. E. Armstrong...
Walter Camp, treasurer of the Yale Financial Union, has recently issued a statement of receipts and expenses for Yale athletics during the past year. The report shows a deficit of about $1,400 on the total expenditure. A profit of $21,500 was made by the football association, and $3,000 was made by the baseball association, but there was a deficit of $6,000 for the boat club and about $2,800 for the track team. $17,500 was spent on the field, including $12,000 for a new grand stand...
These liquor monopolies might be either state or local corporations. But while such state corporations controlling the present traffic have many advantages, they are more rigid and less adapted to local conditions than local corporations. These local corporations, in which the profit is turned over partly to the state and partly to the community, adopted at the option of the voters in any given district, have in Norway and Sweden proved remarkably successful in reducing intemperance. There is every reason to believe that in this country also they would furnish the best possible method of dealing with the liquor problem...