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Official Blog of the AALS Section on Contracts

Today in history—May 2

1670: King Charles II grants a royal charter to the Hudson’s Bay Company, whose object is to control the fur trade in North America. To day it’s Canada’s oldest corporation.

1772: Friedrich Leopold, Freiherr von Hardenberg, the German lawyer and magistrate best known for his poems and novels under the name “Novalis,” is born at Oberwiederstedt in Prussian Saxony.

1860: Theodore Herzl, the Zionist leader who will give up law practice for journalism, is born at Budapest in what is then the Austro-Hungarian Empire.

1881: Future Russian Prime Minister Alexander Kerensky (St. Petersburg Law 1904) is born at Simbirsk, the son of one of Vladimir Lenin’s teachers at Kazan University.

1885: Clark Bryan of Holyoke, Massachusetts, publishes the first issue of Good Housekeeping magazine. Its “Seal of Approval” dates from 1909.

1885: King Leopold I creates the Congo Free State, which will be the largest privately owned country in the world until its annexation by Belgium in 1908.

1918: General Motors Corp. acquires the six-year-old Chevrolet Motor Co.

1932: Canada Dry Ginger Ale introduces The Jack Benny Program on the NBC Blue Network.  It will run for 23 years; subsequent sponsors include Chevolet, General Tire, Jell-O, Grape Nuts, and Lucky Strike cigarettes.

1933: The Inverness Courier reports the story of a local couple who saw “an enormous animal rolling and plunging on the surface” of Loch Ness. The Courier labels it “the Monster.”

1941: Producer Stephen J. Cannell (Rockford Files, 21 Jump Street, Hunter, Silk Stalkings, Wiseguy, The Commish) is born at Pasadena, California.

1972: Shooting begins on the film Jaws.  It will not only be the first film to gross $100 million, it will pioneer the modern practice of mass release backed by heavy publicity.

1982: The Weather Channel debuts on cable television. People now talk about weather 24 hours a day, but they still don’t do anything about it.

1996: Barrister Tony Blair becomes Prime Minister of the United Kingdom.

1998: The European Central Bank opens for business in Frankfurt am Main, Germany.

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