Word: bankrupts
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...share of the running expense. Last week Norwegian Chairman Carl Hambro of the League Budget reported that only nine states have paid their dues in full this year; that there is $1,440,000 owing for the years 1930-32; that the League will apparently have to declare itself bankrupt or obtain a loan...
...Paper Co., Ltd., owning about one-fourth of Canada's newsprint capacity and a potential million horsepower of hydroelectric power, has stood No. 1 on the New York Stock Exchange list. Last week this honor, alphabetical only, fell upon Abraham & Straus, Brooklyn department store. For Abitibi was declared bankrupt, its transfer office closed, its shares stricken from the Big Board. Abitibi's troubles were only one storm-centre in the mightily troubled newsprint industry.- Another stock stricken last week was Oesterreichische Credit-Anstalt fur Handel und Gewerbe, the name of which will play an important part...
...Even the Prince Regent could not induce "The Wizard of the North" to drop his anonymity-until Ballantyne & Co. failed. Scott went back to Constable. In 1825 Constable too crashed, leaving Scott more than $600,000 in the red. Friends, admirers, bankers offered to help. But Sir Walter Scott, bankrupt, widowed and ill, pitched in and for six years worked to pay off his debts. He was only half successful, but later royalties wiped out the remainder. In the last year of his life. Scott was given a vessel by the British Government in which to seek health cruising...
...arose in Winnipeg's Provincial Police Court, leaning heavily on his cane, to be charged with theft. His peculations from University funds were now estimated at $901,175. In addition he was charged with stealing $60,000 from Heber Archibald, his former law partner. (The firm had gone bankrupt.) Begging a summary trial, Lawyer Machray pleaded guilty. Magistrate R. M. Noble, recalling huskily that for 25 years he had been a friend of the accused, passed sentence: seven years in the penitentiary...
...Matty Kemp), who buys a $17,000 Rolls-Royce second hand for $9,000 and tells his father that he has made $8,000 profit. Rogers: "Say, son, that's fine. You'll be a millionaire if you can keep on doing that." Presently Pike Peters is bankrupt. This gives him a chance to discharge his butler, whom he hates, and to meet an old friend, the Grand Duke Michael. The Grand Duke (Theodore Lodi) has become a hotel doorman. As is customary in pictures dealing with financial reverses, Depression is shown to have a silver lining...