Monday, November 22, 2004
1802: Thomas Cook, the man who invented the modern tourism business, is born. Without him there would have been no Carnival Cruise Line decision.
1868: John Nance Garner is born. He was Vice President for FDR’s first two terms; although he was generally opposed to Wall Street interests, he also opposed president’s plan to pack the court to overrule the Lochner line of cases.
1927: Judge Cardozo invents a new twist to the consideration doctrine in his opinion for the New York Court of Appeals in Allegheny College v. National Chautauqua County Bank
1955: In one of the great contract bargains of all time, RCA records buys the contract of singer Elvis Presley (left) from Sun Records for $55,000.