Word: bonding
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Dates: during 1930-1939
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Finally whipped into presentable shape after weeks of stiff practice, the Freshman baseball team travels to Southboro tomorrow to open its season against St. Mark's at 4 o'clock. According to Coach Bond, it is going to be anybody's game, since the first-year men have never before worked together under fire...
Roosevelt's railroad schemes wherever-whenever the Coordinator sees a reorganization needed (see p. 53). MOP's bankruptcy was precipitated by a $35,000,000 bond issue maturing May 1. From the R. F. C. it had already borrowed $23,000,000 in the last year and lately it had been requesting R. F. C. funds to pay interest on earlier R. F. C. loans...
Charles Edwin Mitchell, former chairman of National City Bank, Manhattan, now under indictment for tax evasion, and Clarence Dillon of Dillon, Read & Co. (a director of Chase National Bank) both resigned last week from the board of American & Foreign Power, great and unprofitable subsidiary of Electric Bond & Share, of which Sidney Zollicoffer Mitchell (no kin) was chairman till two weeks...
...this that he gave last week as his reason for retiring. He announced that he would soon sever all business connections including directorships in some 35 companies. Clarence Edward Groesbeck, his president, was picked to succeed him. And for Chairman Groesbeck the job will not be easy, for Bond & Share's four big affiliated holding companies, American Power & Light, National Power & Light, Electric Power & Light, American Gas & Electric, must deal with a louder demand for rate reductions than ever reached Chairman Mitchell's ears. Its one subsidiary, American & Foreign Power (which owns no U. S. properties), has long...
...Wall Street there are two Mitchells. Both made headline news last week. One bids fair to continue to do so for some time (see p. 12). The other made what was probably his last. Sidney Zollicoffer Mitchell resigned as board chairman of Electric Bond & Share Co., whose vast utility empire he had ruled for nearly 30 years...