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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 11, 1973, Lethbridge, Alberta 12 Jonucr> Default case. Major legal battle won bv Howard Hughes a o 'O'' Ke-. ci'jje Howard R. won a major legal when the I'.S. Supreme Court overturned lower rulings and swept a default ditKite that u'0'j.ld have the Kughes TAvi Co. about 51SO million, ihe es; default assessment in Hste'-y. T-e action wa> initiated by T.'zr.i IViirtd Ainvsis wbjri: that while it under the centre-! of the Hughes Too! Co.. in which Hughes ihe >o'.e cnvTier, it substantial in jei circrsit ir. the ]Si.'s ar.d thus fell behind competitors. a 6-to-i decision, the court .-j'ed the munj er- red ii fLidvij -.he Hughes Tool GJ. L- viclsrior. of b.'.vs. The court concluded that tne acuon by the Hughe? Tool Co. had 'been civil Aeronautic? CAB the comply was therefore an azt.- uhich Htighc-5 had cor.trolle'i from 1944 to with having engaged in a pattern of action thai severely handicarvd Li competing olJ'er airlines s? the jet age opened. In 1963, a U.S. district court judge ordered Hughes to apcosr in tus court and to bring certain documents believed to have a bearing OQ the cast1. Hughes, whoso passion for privacy has kept him hopping iron one ItLxurious fiid'.'awsy to another, reacted by sir.iply re- fusing the summons. The court then ruled his firm i had. in effect, corweded tjie Seven more years went by as the court ceded up the darcaees to be paid TWA. A figure of SH5 million, se-t in b70, lias been gvo.ving at roughly SI million a month' thi'ot'.gh interest. The court, in its majority iiidgemerr. :esied I'.s rase not ihe question of whether there was a basic cause for action un- der snti-intst law? but simply O'i the fact that Hughes was shielded Aeronautics board sanction of his conduct. .Tustice William 0 Douglas, for majority, said: "Where, as here, the CAB au- thorizes control of an air car- rier to be acquired by another person and where it specifically authorizes a> in the in- terest transactions PO- f-vet-.-i L-.e parent and the sub- sidiary, the way in which that control is exercised in those onvise situations is tinder the surveillance of CAB, npt in trie hands of those who can invoke the s-nnciions of Ihe anti-trust laws." In .Vow York. TWA said it "disappointed" in the Su- preme Court's decision. At no point had it included the award in its financial plan? and the decision will cause no change in the corporation's fi- nancial planning, the airline added. said it was distressed that the issue on which the deci- sion was based was not ad- dressed by the Supreme Court when in March, 1965. it refused to act on the previous Hughes Tool Co. anneal. As a result. TWA said, consid. erable time and etiort has been consumed during the last seven years in completely unneces- sary and unprecedented litiga- tion. TWA said further action in re- gard to the Hughe? matter, which is also the subject of a suit in Delaware, will depend on a careful review of the Supreme Court's decision. PLAYING A 'COOL' HORN "a; rre :-5-- c- Gcv. L'vVgs-n H g.-i tcnr.Ed ''u-ique Ul'the c; re N.J :he h ;r Ticden federal :-_ ir rg-cr T Cuei J'Ustice V.'arreu B'jr- OIT OF DICKENS To cesirrtbe this ll-Jisu-v. ss Trudeaus Commons sueech 1 i-e chief justice said. 7 1 f Tl Htuhes Twi Co. V.-ES charged enraged opposition Mrs EXPORTA CANADA S FINEST CIGARETTE in by World Airlir.es, PiNZGAUER BREEDERS LTD. BOX 600 PICTURE BUTTE Invites You to Southern Sires Ltd. Courts Highwny, Lethbridge For The PINZGAUER Open House January 13, 1973 S.s "TYROL" First Austrian Pinigcim Bull in Canada "SALZBURG" The only Plniaouer Heifer in Cora 'a on thaw at Sou.'hsrn Sirei from a.m. lill 5 00 p m. January 1 3. 1973. SEMINAR: HOLIDAY INN, LETHBRIDGE O.T. E CG p.-r. _ D.-. G. H Bv iTEli XF.T Mjrl.ton h? vh v.usr.- -re -T-V ?irja--r: -id -i- v_-. "uztec :o tKars :he o: ho Corner, iuvis cc i-vts ---.i-'-rt- ticthcs re hj-.e 'irv -2 5h-ce re tor.a: arc ?'jters arzued >TAKT op- L the ra-'rts 3 V KT.O. the :r.e-d ir BLIKEVEV Sufrede- N-v lore fashion thafteeOK At Dunlop Ford .1--C-- -c e _ :avi5r. 25 Mr. s "x''" -1- -.TC :.v cr" Record mining year predicted off and running Rent-a-Truck MEMBER FORD RENTACAR SYSTEM Need-a-Truck- One Ton (Open or Covered; Economy Cars Pinto 0 Maverick 0 Torino SPECIAL WEEKEND RATES CALL DUNLOP FORD SALES LTD. 16fh Avenue and M.M Drive S., Lcthbridge Bot 1234 Phone 323-8861 DUNIOP FORD RENT-ACAR 1973 THUNDERBIRDS ARE IN STOCK NOW! 3 units available SEE THE.M TH 5 WEEK1 1973 LTD BROUGHAM 2-DR. HDTO? DE.VO S5C33 L- SAY; S800 1973 CUSTOM 500 2-DOOR Sec Js'cl! S5533 SAVE S500 1973 FORD LTD COUNTRY SOUISE DE.WO E PASS V.'AGON Seg. Selcil S324D SAVE S80O 1973 GALAXIE 500 t 35. HDTOP DtMO Rsg. 56535 SAVE S6SO 1973 MUSTANG GRANDE 2-DR. HDTOP. DEMO R-o I 55220 SAVE S400 V-ere c-d 'r 3.- bcres1 yecr 7a ei --CL c: Jo give c- Ne--- Vec- r us 1973 PINTO 2 DOOR os, 52359 'Or 1973 PINTO SQUIRE WAGON DEMO. NOW ONLY 1973 COURIER PICKUP w S2650 1973 THUN'DERBIRD HDTOP. DEMO. Be'oil 59672 SAVE S10OO 1972 GALAXIE 500 J-DOO? HASDTO? S44QO 197? CUSTOM 500 FORD 2-DR. HARDTOP v.-.. r v: 1972 PIKTO RUNABOUT 3-DOO8 1972 FORD FIDO 1972 CUSTOM SOO FORD 4-DOOR SEDAN {DEMO.1 S3776 "YOUR TOTAL TRANSPORTATION CENTRE" ON-THE-SPOT FINANCING! r SALES HOURS: Wide cpen Doily 8 a.m. lo 9 p.m. Saturday 8 a.m. to i p.m. 1510 Mayor Magrath Drive at Avenue Dial 328-8861 ;