Word: bonding
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Dates: during 1930-1939
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...court is asked to try each defendant, fix his liability. Of the $21,000,000 damages sought, $13,000,000 is for impairment of surplus. At the end of 1929 Gillette had a surplus of $18,000,000. When it sold a bond issue last year a revised balance sheet was issued showing a surplus of only $5,000,000 (TiME, Oct. 27). The balance of the damages is for the loss claimed to have been caused when the directors ordered the company to buy 214,000 shares of its own stock at an allegedly excessive price. Some of this...
...specific interest but bid for under par by investors.* This new and more flexible device for Treasury loans has been of great value to the Department in financing itself through the Depression. Undersecretary Mills, because of his knowledge of the money market, managed virtually single-handed the two big bond issues put out this year. With his Congressional contacts, he replaces Secretary Mellon before House and Senate committees, hurries in to serve as a quick-witted buffer when the Press starts to press the shy old gentleman too hard...
...playground, built in the oases of its deserts a chain of de luxe hotels. With depression striking everywhere, M. Laval found it possible to understand how the French Line has incurred a deficit, asked the Chamber to guarantee in the name of the State a $6,000.000 French Line bond issue. "The Campagnie Generate is not the only navigation company now in trouble," wound up M. Laval. "I might cite the Royal Mail Steam Packet Company of Great Britain" (TIME, June...
...case appealed from her court; 2) jailing as a wayward minor on hearsay evidence a girl artist found living with a married man by a Methodist deaconess; 3) ordering special probation reports to support her convictions of prostitutes who had appealed; 4) buying stock in a bail bond concern that did business in her court; 5) exploiting her office for $1,000 from Fleischmann's yeast. Though not corrupt she was found "judicially unfit" to occupy the bench on which she had so proudly sat for twelve happy years...
...This was President Hoover's retort to William Randolph Hearst's $5,000,000,000 public works bond issue...