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14 IN GLASS TRADE FINED IN TRUST CASE

New York Times


They Plead Nolo Contendere at Chicago on Price-Fixing
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Special to THE NEW YORK TIMES
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CHICAGO, Jan. 22---Fourteen corporate and individual defendants in the glazing industry, accused of fixing prices of glass installed in and near Chicago, were fined a total of $31,003 today by Federal Judge Philip L. Sullivan. They had entered pleas of nolo contendere and placed themselves at the mercy of the court.

Fines of $4,000 were assessed against the Pittsburgh Plate Glass Company, the Hooker Glass & Paint Manufacturing Company, and the Tyler & Hippach Corporation. Three business agents for the Brotherhood of Painters, Decorators, and Paperhangers of America, Glaziers Local No. 27---George Meyers, Max Glass, and Charles Pfeiffer---were fined the maximum of $5,000 each.

The local itself and the glass contractors' association were fined $1 each.

Other fines follow: Hamilton Glass Company, $1,000; Michael Shapiro, president of the Hamilton Glass Company, $1,000; Industrial Glass & Paint Company, $500; National Glass Corporation, $500; Torstenson Glass Company, $1,000, and Elmer Torstenson, president of the Torstenson company, $1.

The indictment charged that the companies, with others in the contractors' association, agreed to use a common price schedule. The union "policed" the agreement, the indictment charged, by refusing to supply union labor to any contractor violating the price agreement.

Related Biographies:
Ida Sophia Hippach

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Mark Baber

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( 1941 ) 14 IN GLASS TRADE FINED IN TRUST CASE New York Times (ref: #3346, accessed 22nd November 2009 01:47:09 AM)
URL : http://www.encyclopedia-titanica.org/14-glass-trade-fined-trust-case.html

 

 
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