Word: collect
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Dates: during 1930-1939
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Because this year's wheat crop is already on the way to market, it does not figure in the Domestic Allotment plan. But farmers will not have to wait until next year to collect their bonuses. As President Roosevelt is eager to put cash quickly into their jeans, a generous Government will pay them first and count on their performance to reduce production later. To get his subsidy, John Wheatman takes these steps...
...companies and $4,500,000 to banks and other creditors. He valued his assets at $37,000,000. When the creditors meet, a majority of them may decide 1) to settle privately with Mr. Collier at so much on the dollar; 2) to try to collect in full by granting an extension of time or 3) to force Mr. Collier into bankruptcy and get what they can from the ensuing legal wrangle...
Thus a depositor with $250,000 in a member bank that closed would promptly collect $140.000 from the Federal fund...
...straight banking, most banks buy and sell stocks for their customers. Unlike ordinary bankers J. P. Morgan has a seat on the N. Y. Stock Exchange, his partners have seats on other stock exchanges. Though they execute no orders on the floor by having memberships they, as brokers, can collect commissions (paying part to other brokers who actually execute their orders). Such commissions helped to pay the overhead. Recent example: H. F. Loree had Morgan buy 500,000 shares of New York Central for the Delaware & Hudson...
...within the memory of many investors now living has a committee been formed to protect the holders of the bonds of any one State. Noteworthy too is the cause of the action, not to collect as much as possible from one who is bankrupt but to collect from a debtor who in the view of the bondholders is deliberately welshing on the terms of his promise...