Word: bankrupts
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Dates: during 1920-1929
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...secure funds to build a monoplane in Brooklyn. He taught himself to fly, set up an aviation school. During the War, he lost a contract with the British government because he did not have the money to swing it. He designed planes for a Maryland concern until it went bankrupt...
...further bill passed by the Imperial Parliament authorized the Bank of Japan to lend up to 200,000,000 yen ($99,700,000) in order to restore financial institutions in Formosa which went bankrupt amid the panic...
...company, under the presidency of its founder Frank A. Seiberling, was practically bankrupt. Dillon, Read & Co., who worked out the refinancing plans, had President Seiberling removed and the company placed under a management committee. This committee consisted of Clarence Dillon of Dillon, Read & Co., John Sherwin of the Union Trust Co., Cleveland, and Mr. Young. Mr. Young has been inactive as a manager, in reserve as counsellor...
...TIME, April 18) onetime Chancellor Snowden hobbled in last week, like a malignant witch doctor and rapped seering words: "The Chancellor [Mr. Churchill] is a costly luxury. . . and a ghastly failure. . . . "His first† budget was a rich man's budget, his second- was that of a profligate bankrupt, and this, his third, is a combination of both with jugglery and deceit added .- "I believe that the present budget offers us at best but a temporary reprieve by means of artful dodges. . . . I predict that, even if no unforseen events happen next year, the Chancellor [Mr. Churchill] will find...
...three generations like the waters from his father's California flumes. With the late Edward Henry Harriman he organized a $67,000,000 company to build tunnels 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...