Business & Finance: Sporting Proposition

Last month Gerard Barnes Lambert, retired lord of Listerine, was made president of Gillette Safety Razor Co. (TIME, May 11). Last week a Gillette stockholders meeting was called for June 10, at which time an interesting sporting proposition will be voted upon. The essence of the proposition is that President Lambert will receive a bonus rather than a salary. If Gillette earns less than $5 a share ($10,000,000) during any year, he will be paid nothing. If it earns $5, he will get 20,000 shares of stock. If the earnings exceed $6,...

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