Word: bankrupts
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...Governor Henry Hollis Horton. The charge was that he had conspired with Col. Luke Lea, newspaper publisher, and Rogers Clark Caldwell, financier, to manipulate State funds for their private profit in building up an economic empire in the South (TIME, June 8). In four defunct banks, subsidiaries of the bankrupt Caldwell & Co., Tennessee had some $6,400,000 in public funds tied up. Governor Horton was depicted as bowing to the dictation of Messrs. Lea & Caldwell in return for their political support...
...huge batches. Prices and customers at first were all Mrs. Brown could ask. Her rabbits multiplied with their well-known rapidity (six litters per year, of four to eight offspring per litter). But suddenly the booming U. S. rabbit industry became overproduced everywhere. And last week bankrupt Mrs. Brown explained: "About a year ago rabbits began coming in from everywhere, thousands of them, by parcel post, truck and express. I couldn't tell if they were the offspring of my rabbits or not, but the people had my contracts, and I had to take them. They...
...unhappy about one of smart Dr. Soong's shrewd moves. The Finance Minister, although silver is legal tender everywhere in China, has put through a decree that goods entering from abroad must pay duty in gold. But for this step, Chinese economists say, silver's depressed value would soon bankrupt the Government...
...with this institution kites, except when he borrowed?" "Yes, I would say they were." Asking the question was Robert L. McReynolds, counsel of a committee looking into the alleged misuse of Tennessee funds, last week looking especially into the affairs of Col. Luke Lea, publisher, politician, crony of bankrupt Rogers Clark Caldwell (TIME, Nov. 24 et seq.). Answering was M. D. Johnson, assistant cashier of the defunct Liberty Bank & Trust Co. of Nashville, whose president, Ridley Edward Donnell, shot himself after the bank closed. Witness Johnson also testified that Col. Lea opened his bank account in 1925 six days after...
...first show, The Firefly (1912). "Something Goes Tingle-ingleing" was in his High Jinks the next year. "The Bubble" was in his Katinka. Because the charm of his productions still lingers, Manhattan show folk and theatre-goers were sorry to hear last week that Producer Hammerstein had gone bankrupt. He listed his liabilities as $1,649,136, his assets $53,083, his cash...