Word: bankes
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Dates: during 1920-1929
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During March a rumble of warning came when seven banks suspended payments. The first thunder clap (TIME, April 18), was the announcement by Japan's richest woman, Mme. Yone Suzuki that her enormous importing and exporting firm would delay payments on its $250,000,000 obligations. Forthwith came another thunderbolt-suspension by the great Bank of Taiwan, chief creditor of Suzuki...
...effort to clear the air, Premier Wakatsuki attempted to secure approval from the Imperial Privy Council to extend enormous credits from the Bank of Japan to save the Bank of Taiwan. The Privy Council, a body of august solons with super-legislative power, responsible only to the Emperor, refused to sanction the Cabinet's plan. So, although Premier Wakatsuki had a parliamentary majority, he resigned with his Cabinet...
...year 1911 I was badly hurt in a railroad collision-near Armour's Station on the Southern railroad. The company promptly paid me $2,000-to get my old self doctored-and it was this money that I invested with the Bank of Donaldsonville. being promised a 10% dividend by Hon. J. S. Shingler, multi-millionaire of Ashburn, Ga., and its president." Mrs. Felton then told how -she had not received one cent of dividends and how she had appealed to the State banking commission, to the State Supreme Court, to the Governor. They did nothing to help...
First National Bank...
...under Chicago to carry freight underground to the stores; they lost. He controlled the Kansas City Railway & Light Co.; it went bankrupt. In 1920 bankers saved Armour & Co. from bankruptcy by reorganizing it at J. Ogden Armour's chief cost. In 1923 he was the chief owner of Chicago bank stocks; he had to sell $5,000,000 in stocks to cover a $20,000,000 loan. The receivership of the Chicago, Milwaukee & St. Paul Railway has cost him a million. But his saddest loss was the forced sale in 1923 of his Melody Farm, $5,000,000 estate...