That explains something I never fully understood previously.
On 11/29/2015 6:07 PM, Tom Fine wrote:
> this is a decision in a tax case against Norman Pickering. Relevant to
> the case were the "consulting fees" paid to Pickering in order for him
> to not compete after he left the company he founded, control of which
> was then taken over by Walter Stanton. In the 1960's, $50,000 was big
> money to buy five years of silence. Note that Pickering was negotiating
> to go work for Electrovoice. Under the separation agreement he signed,
> he lost rights to his patents and lost control of the company that put
> out cartridges bearing his name well into the 1970's.
> -- Tom Fine
Richard L. Hess email: [log in to unmask]
Aurora, Ontario, Canada 647 479 2800
Quality tape transfers -- even from hard-to-play tapes.