Word: bankrupts
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...Howard Colwell Hopson could still grin from ear to ear as he boldly taunted a lumbering SEC. Last week the smile and boldness were gone. Ingenious, porcine Howard Hopson, charged with milking his now bankrupt $1,000,000,000 Associated Gas & Electric system of $20,000,000 in the biggest utility peculation of all time, went on trial for mail fraud and conspiracy...
...some 500 newsmen, steel technicians and customers to look over his expanded Baltimore plant. They jostled each other in the long, low, light green business offices, ate liberally of a free buffet lunch, marveled at the progress that had been made. A promoter's scheme in 1929, near bankrupt in 1933, Rustless is now one of the Big Three stainless steel makers (other two: Allegheny Ludlum, Republic). Capacity has been upped from 20,000 tons (1934) to 75,000 tons, nearly one-half the entire U. S. 1939 production...
Frank Slicker Moran is a hearty, massive, melodious-voiced realestate broker who auctions whole villages-the little towns of western Pennsylvania that have been left to wither by the bankrupt or transient industries that built them. A former International League baseball umpire, Realtor Moran got his idea nine years ago while recuperating from an internal hemorrhage. "I think," says he, "that I've sold more towns than anybody else in the U. S." Last week he sold his eighth: Pattontown, Pa., a scraggly Westmoreland County hamlet of seven farms, 28 houses, a mercantile building...
...prove what he had suspected from Latin and Spanish inscriptions on it: that it had belonged to Spain's great Queen Isabella. For years an international art dealer, Benjamin Benguiat, had owned the throne, refused to sell it even for $25,000. But when Benguiat went bankrupt, Dealer Dan Feldman purchased the throne in a lot, priced it at $3,000. Eventually believing it was a jinx, he sold it to Dealer Osiel in another...
Madness or Order? In the minds of many men by last week the sombre conviction had grown that their world was spinning into insanity. "A mad world, debt-burdened and bankrupt, with repudiation, disaster and chaos threatening," Publisher Roy Howard called it after a trip through the Far East. Everywhere there were symptoms of madness...