Inventions: Their Development, Purchase and Sale

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Van Nostrand, 1920 - Inventions - 230 pages
 

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Contents

I
1
II
21
III
31
IV
35
V
41
VI
51
VII
56
IX
61
XIX
118
XX
125
XXII
140
XXIV
148
XXV
167
XXVI
184
XXVII
190
XXVIII
196

XI
77
XIII
92
XV
95
XVI
105
XVIII
112

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Page 214 - If you want to succeed in the world you must make your own opportunities as you go on. The man who waits for some seventh wave to toss him on dry land will find that the seventh wave is a long time a coming. You can commit no greater folly than to sit by the roadside xintil some one comes along and invites you to ride with him to wealth or influence.
Page 93 - I declined itę from a principle which has ever weighed with me on such occasions, viz., that, as we enjoy great advantages from the inventions of others, we should be glad of an opportunity to serve others by an invention of ours; and this we should do freely and generously.
Page 22 - The secret of success in life is for a man to be ready for his opportunity when it comes.— Disraeli "There are no longer any good chances for young men," complained a youthful law student to Daniel Webster.
Page 207 - The way to wealth is as plain as the way to market. It depends chiefly on two words, industry and frugality; that is, waste neither time nor money, but make the best use of both.
Page 99 - What operations have been or are now carried? 2. What have been the results? 3. What difficulties, if any, have been encountered? 4. What is demand for the product or operation of the enterprise? 5. What is present status of the enterprise? 6. Are proper books kept? As to Finance: 1. What are the present assets and their actual value? 2. What debts, claims, fees, rents, royalties or other payments or obligations are now due or are to be met and carried? 3. From what resources are these to be met?...
Page 143 - Agassiz says that every great scientific truth goes through three stages. First, people say it conflicts with the Bible. Next, they say it had been discovered before. Lastly, they say they always believed it.
Page 174 - an artificial person created by law, consisting of one or more natural persons united in one body under such grants as secure a succession of members without changing the identity of the body, and empowered to act in a certain capacity or to transact business of some designated form or nature like a natural person.
Page 98 - OF ORGANIZATION. 1. In what state organized? 2. What is the capitalization? 3. Is the capitalization reasonable? 4. Has the stock been issued in whole or in part and if so, for what? 5. Is the stock offered for sale full-paid and nonassessable ? 6. Has any of the stock preferences? 7. Is any stock unissued or held in the treasury? 8. Who has stock control? 9. Are the rights of smaller stockholders protected ? 10. Are there any unusual features in charter or by-laws ? III.
Page 99 - ... PRESENT CONDITION OF ENTERPRISE. As to Property. 1. What properties or rights are controlled? 2. What is their value and how estimated? 3. Are these properties or rights owned, or held under lease, license, grant, option or otherwise? 4. If owned, are titles perfect? 5. Are there any incumbrances on the properties or rights? 6. If not owned, are the holding papers in due form? 7. If not owned, are the terms of holding reasonable, satisfactory and safe? 8. In event of liquidation, what would be...
Page 180 - In capitalizing inventions the anticipation of earning power is customary. Any close estimate of the probable profits is, of course, impossible, and frequently the capitalization is decided "by guess.

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