Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
When Senior Rand was killed in an airplane crash in 1919, Buffalonians knew little of Junior Rand except that he was 27, had worked in all the departments of his father's bank, served in the Y. M. C. A. during the War. Of this obscurity Banker Rand quickly divested himself. That year he became assistant secretary of The Marine Trust Co., the next year vice president. In 1921, anxious to show he could do something for himself besides running his father's bank, Mr. Rand with some young friends acquired an interest in the Buffalo Trust...
...Detroit Stock Exchange one day last week Bank of Detroit opened 120 points higher than it had closed the night before. Union-Commerce Corp. varied 39 points during the day's trading. Other banks' stocks danced, jumped, oscillated. Half an hour after the market closed, the reason for these gyrations became evident. Officials of Guardian Detroit Group and Union-Commerce Corp.?two of Detroit's biggest banks ? announced their merger. Furthermore, the merged bank planned soon to acquire Bank of Detroit and eight smaller institutions in and around the city. With capital assets of $75,000,000, deposits...
...more imaginative man might have killed himself. A more unscrupulous man might have sailed for South America or Africa. A more logical man might have surrendered to the nearest representative of the law. But Charles Delos Waggoner, quixotic President of the Bank of Telluride, Col. adopted none of these courses. Having fraudulently obtained some $500,000 from six Manhattan banks to save his Telluride bank (TIME, Sept. 16), Mr. Waggoner was last week apprehended in a Wyoming tourist camp. He was traveling in his own car and under his own name, although he had adopted the subterfuge of shaving...
...capital gifts. It is stipulated that the contributions shall be returned to the benefactors or to their estates at the end of 30 years. To do this the Fund will issue non-interest-bearing debenture bonds.* A part of each donation will be deposited in the National City Bank so that the accruing compounded interest will assure the return of the original capital. Furthermore, the organization will insure the life of each beneficiary. Prospective loaners are re-assured that only 3% of student loans are defaulted, that money loaned to the Lin- coln Fund will be sent directly...
Black Airmail. At Duisburg, Germany, one Hermann Pattberg, rich manufacturer, received a package containing a carrier pigeon and a note ordering him to tie a 5,000-mark ($1,191) bank note to the pigeon and release it. Otherwise he would be killed. Shrewd Herr Pattberg hired a plane and pilot which followed the pigeon and photographed the house on which it alighted. Duisburg police soon arrested the blackmailer. Less smart were Manhattan police last April when a Dr. Louis Alofsin received a pair of pigeons and a demand for $10,000. Police, futile with field glasses on housetops, watched...