Word: suede
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Searching last summer for reasons why Youngstown Sheet & Tube Co. should not merge with Bethlehem Steel Corp., Cyrus Stephen Eaton's legal minions dragged Bethlehem's bonus system into public view. Reluctantly Mr. Grace testified that while his salary was a mere $12,000 a year, his 1929...
Last week Colonel Hubert Fauntleroy Julian, "The Negro Lindbergh," sued Hearst's New York American for $500,000 because of a story concerning his Abyssinian adventures (TIME, Nov. 3 et seq.). In denial of the story Plaintiff Julian submitted: "That the plaintiff did not eat so much at his...
Battle Stories (132,000) and Screen Secrets (140,000) came in 1926. The latter began as Paris & Hollywood, consisting of pictures of females. Next month it is to become Screen Play, a "high class fan magazine." Also in 1926 Whiz Bang's poetry column budded off as Smokehouse Monthly...
The second thorn concerns the act of Gillette directors in selling stock to the company at a price far in excess of the present market. A group of minority stockholders sued for damages because of this, threatened to restrain the merger until they were assured that approval of the deal...
Sued. Edward Beale McLean, fun-loving publisher of the Washington Post and the Cincinnati Enquirer, by Mrs. Evelyn Lucille Walsh McLean, his socialite wife, owner of the 44½-carat Hope diamond ($2,000,000): for separate maintenance ($10,000 a month) for herself & children (two sons, one daughter). Charge...