Word: usefully
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Dates: during 1930-1930
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...firm. The Exchange found that Prince & Whitely partners, as directors of the trading corporation, had caused the corporation to lend $1,500,000 on an unsecured note of J. M. Hoyt & Co. J. M. Hoyt was the senior partner in Prince & Whitely, and the $1,500,000 was used to better the position of J. M. Hoyt & Co. on Prince & Whitely's books. Other findings concerned Prince & Whitely's failure to segregate stock belonging to the trading corporation, and use that stock as collateral for its own needs...
...resolutions which he thought would improve the ideals of the society. He called for a backing of the McNary-Haugen bill to make permanent the new Federal bag limit of 15 wild ducks per day. He also wanted to put a stop to the baiting of wildfowling grounds, the use of live birds as decoys. He wanted a Federal limit of eight weeks for the open season on wildfowl...
...being a blanket restriction, the rule shall apply only to Lake Hopatcong. Each application for water landings elsewhere will be considered on its merits. A member of the Board said that "companies and private owners of hydroplanes should develop their own inland bodies of water rather than seek the use of natural lakes and streams...
Prisons. Foresighted persons suppose that criminals will soon learn to use airplanes as an aid to prison breaks. Unless actually caught in an overt criminal act, a pilot would be liable only for violation of the Federal regulations against low flying (minimum, 1,000 ft. over cities, or towns or congested areas; 500 ft. elsewhere) and the dropping of objects from aircraft (maximum penalty: $500 fine and revocation of license). Last week the Aeronautics Branch of the Department of Commerce considered the problem "unofficially" presented to it by a recent conference of prison wardens at Columbus, Ohio. Possible solution: creation...
...Dornier DO-X and the Junkers G-38. Powered by four 575 h.p. Hornet engines, the 8-40 is designed to fly nonstop 500 mi. with 40 passengers, 1,000 mi. with 20. In general conformation the 8-40 will resemble the 10-passenger Sikorsky amphibian now in common use. The wingspread, however, will be 114 ft.; the loaded weight, 30,000 lb.; and the 58-ft. hull will have the cabin facilities of a commodious cruiser...