Business & Finance: Segal v. Gillette

Once again last week were attorneys for Gillette Safety Razor Co. busy looking up law, preparing briefs. A $1,500,000 damage suit was filed against the company by Segal Lock & Hardware Co. of Manhattan, loud in its charges that Gillette has violated anti-trust laws. And Gillette filed a suit against Segal charging infringement of blade patents.

Last Gillette suit was the action & counter action with United Cigar Stores, settled out of court by a $1,900,000 payment to United (TIME, Aug. 3). Most famous Gillette suit was that brought by AutoStrop Safety Razor Co., resulting in a merger of the two companies (TIME, Oct. 27). Still pending is the suit of minority shareholders against the Gillette directors (TIME, July 20). Last week President Louis Segal remained serene. "I do not attach much importance to the action which has been taken by Gillette Co.," said he. Representing Segal is one-time Federal Judge Hugh Martin Morris who was counsel for United Cigar Stores against Gillette.