Word: assets
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Dates: during 1930-1939
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...Thirty-Nine Steps (Gaumont-British) neatly converts its essential implausihility into an asset by stressing the difficulties which confront its hero when he tries to tell outsiders about the predicament he is in. A young Canadian named Richard Hannay (Robert Donat), he finds himself one evening, as the result of nothing more daring than a visit to a London music hall, entertaining in his fiat a girl who tells him that she is a counter-espionage agent protecting England from an international ring which is selling the secrets of the Air Ministry and that she has just committed a murder...
Between 1930 and 1933 Floyd Odium gobbled up 22 investment trusts, pushed his long arm into such diversified businesses as prune ranching in California and the Hotel New Yorker in Manhattan. These he acquired in his prime pursuit of shaky investment companies at less than their asset value. Then by careful merging and liquidating he would ride them through to recovery at a profit. But though Atlas' profits have been good, up to last week its 36,700 common stockholders had never received a cent in dividends. Therefore it was news indeed when Mr. Odium and his four directors...
...Furthermore, he could pay no Massachusetts taxes even if he owed them. Since 1925, when he merged Rand Co. with his son's rival firm, he had lost part of his fortune in the stockmarket, given another part to his children. Hounded by creditors, he finally turned all his assets and liabilities over to his son. A director of Remington Rand and several other companies, he owned no stock of value, had but one asset, a bank account containing $153.63. By order of the judge, Oldster Rand made over the $153.63 to the County Clerk, took a poor debtor...
...priceless asset to Coca-Cola's claims department is Perry Wilbur Fattig. When a customer says he was harmed by something he found swishing around in the bottom of a Coca-Cola bottle, Curator Fattig stands ready to eat what the customer did. Most cases concern drowned bugs and Curator Fattig has convinced many a jury that creatures drowned in carbonated beverages are harmless. For Coca-Cola and other soft-drink makers he has eaten over 10,000 such creatures, including grasshoppers, crickets, sow bugs, snails, toads, frogs, caterpillars, earthworms, salamanders, tiger beetles, click beetles, praying mantes, stink bugs...
...lost $2,651,000. Last October the company withdrew from the retail gasoline business, sold its service stations. Marketing activities practically ceased, two refineries were shut down. Last week Simms Petroleum sought permission from its stockholders to sell its chief subsidiary and biggest asset, Simms Oil Co., owner of most of the parent concern's oil properties, to Tide Water Oil Co. for $8,775,000 and interest. That left Simms Petroleum with a few wells at Smackover, Ark., refineries at Smackover and Dallas, a few miles of pipe line. Last week President Edward T. Moore wrote his stockholders...