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Title
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1971_Sackson_368_December 14.jpg
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Creator
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Sid Sackson
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Date
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1971
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Type
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image
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Format
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.jpg
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Source
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Box 1, Object 9, Sid Sackson collection
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Language
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English
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Coverage
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1971
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Rights
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The Strong, Rochester, New York.
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transcription
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English
Tuesday 14th, December 1971
Looked at BURKE'S LAW, which I have. Also checked and confirmed that 3M had seen and rejected CINEMA and NOMINATIONin 1969.
To Felicia's. Charles Titus there. Very nice person. He had a wood set of PSYCHE-PATHS and also a very attractive set of cardboard, larger than the one Funtastics put out. He had a number of puzzles where you had to pick out certain pieces, and put them together to get patterns that were symmetrical by rotation. I pointed out that it would be quite a job to pick out the proper pieces, and he saw my point. One interesting problem was to get one color cany ones into a closed ibop using all the pieces. With the other two colors connected where they joined but with many different loops and edges. The 6 blanks are in the points of the large hexagon. Another problem he suggested was to set up a large hexagon with the colors not matching where they joined.
I told Felicia that the game was excellent and could become a staple like Dominos. Also that there were more games. He said he had about 70, not all great.
Felicia agreed to handle it and he will send her a check for $100, since she was reactivating it. Incidentally, he and his partner each earned about $12,000 from Funtastics.
The matter of reporting royalties as "Capital Gains" came up. His lawyers came up with a provision in the tax laws that if all rights were given to the manufacturer and if the investors didn't have stock in the company, then capital gains are o.k. He ad been called down by the I.R.S. and they approved it. He offered to send me the location of the law and I gave him my card.
I told Felicia (after Titus left) about Bloomingdale's. She was very mad at Dick Littlefield.
Tom Abramson (spelling?) will be in on 12/20 at 9:30 to show her some games. He is the inventor of RPM and An_____ L_onge sent him to her. From his description she didn't think she'd like them. She would like me to be there. Told her I'd probably be there. (GAMES.)
Their original name for PSYCHE-PATHS was KALIKO.
Bought 2 boxes of plastic "snow flakes" for $1 in a "junk store."
Also bought 3 jiffy bags - for sending AGOG to "General Duckworth."
Claude called. He asked if I had TRADE THE MARKET? Yes. He bought a copy.
He is going to Earl Perel's tomorrow. I'll try and call them towards the end of the evening.
He is quite enthusiastic about MANIPULATION now. My rule about buying stocks is very good.
RIDER'S UP came up in our conversation. He said not to copy
(cont on 11/13)
