On this day
Revisit the news, notable people, and historical moments connected to this date.
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If the stockholder of a corporation sails his stock to the corporation, his gain on the sale may be either a capital or an ordinary gain. Since a capital gain is subject to a lesser tax, the stockholder will naturally seek to effect the sale as a capital transaction.
Brit Atlantic convoy trip and protection described
Successes of the English and Russian armies in their drive into Iran last week herald radical shifts in the shipping arrangements foreign traders will use in sending munitions and other supplies to the Russian forces, exporters said here yesterday.
Paterson Indus Comm repts 96 new industries in Paterson since Aug, 1936
1941William DeWitt, Jr., American businessman[†]
William Orville DeWitt Jr. is an American businessman who is currently the principal owner, managing partner and chairman of the St. Louis Cardinals, a professional baseball franchise which competes in Major League Baseball (MLB). The Cardinals have won two World Series — in 2006 and 2011 — during DeWitt's time as owner. In addition to the Cardinals, DeWitt has also owned or invested in the Cincinnati Stingers hockey club, Baltimore Orioles, the Cincinnati Reds and the Texas Rangers. Business interests outside baseball include Reynolds, DeWitt & Co., which owns Arby's franchises and invests in the U.S. Playing Card Company and the petroleum company Spectrum 7.
1941Emmanuel Nunes, Portuguese-French composer and educator (died 2012)[†]
Emmanuel Nunes was a Portuguese composer who lived and worked in Paris from 1964.
1941Thomas Bavin, New Zealand-Australian politician, 24th Premier of New South Wales (born 1874)[†]
Sir Thomas Rainsford Bavin, was an Australian lawyer and politician who served as Premier of New South Wales from 1927 to 1930. He was born in New Zealand and arrived in Australia at the age of 15, where he studied law and became a barrister. He served as personal secretary to Australia's first two prime ministers, Edmund Barton and Alfred Deakin. Bavin was elected to the New South Wales Legislative Assembly in 1917. He served two terms as Attorney General of New South Wales before leading the Nationalist Party to victory at the 1927 state election, in a coalition with the Country Party. His predecessor Jack Lang and the Australian Labor Party (ALP) defeated his government after a single term at the 1930 state election.
1941Marina Tsvetaeva, Russian poet and author (born 1892)[†]
Marina Ivanovna Tsvetaeva was a Russian poet. Her work is some of the most well-known in twentieth-century Russian literature. She lived through and wrote about the Russian Revolution of 1917 and the subsequent Moscow famine.
1941World War II: Serbian paramilitary forces defeat Germans in the Battle of Loznica.[†]
World War II or the Second World War was a global conflict between two coalitions: the Allies and the Axis powers. Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks and aircraft played major roles, enabling the strategic bombing of cities and delivery of the first and only nuclear weapons ever used in war. World War II is the deadliest conflict in history, causing the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Germany, Austria, Japan, and Korea were occupied, and German and Japanese leaders were tried for war crimes.