Word: bond
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Dates: during 1930-1939
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Brothers, with enrollment booming along with football receipts, sold their Oakland site for $750,000 and borrowed $1,500,000 on a bond issue to build a handsome new plant in the Moraga Valley. In 1934, with $1,370,500 of the bonds still outstanding, the Brothers stopped paying interest and have paid none since. When the bondholders' committee, formed under the chairmanship of Frederic F. Janney of Dean, Witter & Co. which floated the issue, installed their own Comptroller James Everett Butler to supervise the college accounts, he found that St. Mary's was running...
...young floor trader for a brokerage house in the early 1880s, Mr. Smythe first learned what treasure is sometimes wrapped in apparently worthless paper. Instructed to sell as junk some old Southern State bonds, young Smythe disposed of most of them for $2 apiece, gave one South Carolina bond to a friend who prom-ised to split any profits he might make on a mysterious sale. A month later Smythe received a check for $400. He lost no time in writing to the Treasurer of South Carolina, who informed him that that particular bond had been redeemable...
...week refused to clear up the first. Answer to the second will depend on whether or not he avoids being extradited to New York. Day after his arrest last week, Montague was out on $10,000 bail, with Cinemactors Hardy, Crosby and Guy Kibbee named as references on his bond. His attorney, Jerry Giesler, asked Governor Frank F. Merriam for a hearing which was scheduled for July...
...choice of either one and one-half shares of the Chesapeake & Ohio Railway Co. common stock, the holding company's principal asset, or one share of a prior preferred stock in the new company. Alleghany's capitalization is more complicated-common stock, two issues of preferred, three bond issues. Two of the bond issues will be assumed by the new company. Holders of the third issue, the famed 5s of 1950, will be offered $200 in cash, $800 in preferred stock of the new company for each $1,000 bond. Holders of Alleghany prior preferred will be offered...
European auctioneers are hardened to the sad relics of royalty, but not once in a decade does one preside at an occasion so splendidly sentimental as that which drew a swank crowd of Londoners last week to Sotheby's auction rooms in Bond Street. Cherished by four generations of the House of Bourbon, fought over by the three ghostly old sisters of the late Don Jaime, Carlist pretender to the Spanish throne, a famed diamond necklace was finally up for sale by the two sisters who have clung to it since 1931: 68-year-old Blanche de Castille, Archduchess...