Word: cash
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Dates: during 1930-1939
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...again picked up for drug indulgence by the police, they have the privilege of executing him without further ado. In many Chinese cities these executions take place from time to time in small or large batches, depending on the success of relatives of the backsliders in persuading (with cash) the police not to shoot them...
...Senator Wheeler last week was RF Chairman Jesse Jones to give his views on the Terminal contract. Mr. Jones, it seemed, had lent MOP $17,000,000 before he had any inkling that the railroad was involved in commitments which were draining off $1,600,000 in much-needed cash annually. Neither to RFC nor to ICC, let alone its own stockholders, had the railroad disclosed the existence of the contracts. Belatedly Mr. Jones laid the facts before the U. S. Attorney General for possible fraud prosecution, but by then action was outlawed by a statute of limitation...
...deposit," a current asset. The funds were indeed deposited in Guaranty Trust Co. but for the benefit of Terminal Shares, not MOP. Last week the railroad's officials tried to explain that they never intended to convey the impression that the $3,200,000 current asset was ready cash. Somewhere on the books the item had to be entered. "Sometimes accounts may disagree," said MOP Vice President Fred P. Johnson, "but I did the best I could...
...Equity Corp. Before going into the story of each of 44 companies which have been involved in the investment trust's activities, SEC Counsel David Schenker drew from Mr. Rockefeller's son-in-law the story of how he got into Equity Corp. For $41,000 cash and 19,000 shares of an inactive insurance stock, Mr. Milton and Ellery Huntington Jr. eventually acquired control of Equity, which managed companies with assets of $218,000,000. Mr. Milton's cash stake...
...trust which controlled Oceanic Insurance Co., which owned a quarter of Equity Corp. Then Underwriters Equities, a trust controlled by Mr. Milton, sold $900,000 worth of insurance stocks to a company managed by Equity, and the proceeds were used to buy control of Equity. Thus, a $13,000 cash buy into Consolidated Funds plus Equity's own money put Mr. Milton into Equity. Said Lawyer Schenker: ''[It's] a Van Sweringen operation in the investment trust field." After detailing various operations of Equity Corp., Mr. Schenker drew from Mr. Milton testimony about the formation...