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Asphalt. Apparently there was not sufficient money in the case of the General Asphalt pool, described by Witness John L. Weeks. Members of the pool included Morgan Partners Thomas Cochran and Horatio Gates Lloyd, chairman of General Asphalt's executive committee. Though $6,000,000 was originally deposited, the members were assessed an additional $1,369,000, and after two and a half years of futile operations, the pool wound up by distributing the stock to members at a further loss...

Author: /time Magazine | Title: Business & Finance: Anything Can Be Done. . . | 5/30/1932 | See Source »

...chairmanned by Mrs. Herbert Hoover, which is giving the North Porch ?TIME, May 25). There are many notable campaigners like General John Joseph Pershing and ex-Senator Pepper. But it is Bishop Freeman, chiefly, who gets the gifts. Biggest givers include: the late Rug Manufacturer Alexander Smith Cochran of Yonkers ($1,510,000 for the College of Preachers) ; the late Banker George Fisher Baker ($750,000 for the completion of the North Transept); the late Realtor & Mrs. Archibald D. Russell of New York ($500,000 for the apse); the late Minister to Austria-Hungary John A. Kasson of Washington...

Author: /time Magazine | Title: Religion: For National Purposes | 5/9/1932 | See Source »

...Passed a bill by Missouri's Cochran to punish kidnappers and blackmailers who use the mails for extortion with a $5,000 fine, 20 years imprisonment; sent it to the Senate...

Author: /time Magazine | Title: THE CONGRESS: Work Done, Mar. 21, 1932 | 3/21/1932 | See Source »

Federal District Judge Ernest F. Cochran of Charleston, S. C. last week saved the entire navy of Santo Domingo from being swept from the seas. The Dominican fleet consists of one ship, a lumbering motor tanker named Arminda. Last November the Arminda sailed from Charleston for home with a cargo and 39 Dominicans returning to their country after fleeing the hurricane of 1930. The tanker ran into dirty weather. It was forced to signal for help. Promptly the Norwegian tanker Norwold shifted her course, picked up the floundering Arminda and towed her back to Charleston...

Author: /time Magazine | Title: SANTO DOMINGO: Navy Saved | 3/14/1932 | See Source »

...fixed by an admiralty judge. Papers filed in a suit to collect such a sum are called by sea-lawyers a "libel" (Latin: libellus, a little book). To get their money the owners of the Norwold filed a libel attaching the Arminda and her cargo. Judge Cochran ruled last week that since the Arminda is officially a warship belonging to a nation friendly to the U. S., the Norsemen could not libel the ship herself. He suggested that they file separate papers against her cargo...

Author: /time Magazine | Title: SANTO DOMINGO: Navy Saved | 3/14/1932 | See Source »

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