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R.C.A. HIT IN BANKRUPTCY COURT
The fact that the Radio Corporation of America is being sued by the United States Government under charge of violating the anti-trust lav/s, has resulted in an order cutting $125,000 from its royalty claim against two bankrupt Chicago radio manu¬ facturing companies. It was also compelled to abandon a claim for $6,500 additional against the trustees which would have been payable in cash.
The trustees for these companies the Temple Radio Company and the Buckingham Radio Corporation objected to the allowance of the claims of the Radio Corporation, totalling $370,000 on the ground that its royalty claims we re based on illegal patent pooling agreements with the General Electric Co. , the Westinghouse Co. , and the American Telephone and Telegraph Co.
Harry A. Parkins, referee in bankruptcy in the United States District Court, at Chicago (on December 17) entered an order sustaining these objections, and then allowed the claim against the Temple Company for $145,000 instead of $217 000 and against the Buckingham Company for $100,000 instead of $153,000.
Oswald F. Schuette, Executive Secretary of the Radio Protective Association, who has led the fight of the independent radio industry against the so-called "radio trust” was the only witness heard. Attorney Frank R. Leonard represented the Temple trustees and Attorneys Rosenberg, Braude and Zimmerman, the trustees for the Buckingham Company. Attorneys Loesch and Scofield represented the Radio Corporation of America.
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REPRINTS OF ARTICLES BY LOUIS CALDWELL
Reprints have been made of two articles written by Louis G. Caldwell, former General Counsel of the Federal Radio Commis¬ sion. The first is "Piracy of Broadcast Programs", reprinted from the Columbia Lav/ Review of this month; and the second is "Principles Governing the Licensing of Broadcasting Stations" from the Uni¬ versity of Pennsylvania Law Review, also issued this month.
Mr. Caldwell, who is a member of the firm of Kirkland, Fleming, Green & Martin, of Chicago, is no w in charge of the Washington office of that concern, in the National Press Build¬ ing, Washington, D. C.
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