Word: corps
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Dates: during 1920-1929
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Besides the immediate acquisition of 16 banks in the state of New York,* the Ma rine Midland Corp.'s sponsors will make a public offering of stock to finance a $25,000,000 subsidiary bank to be known as the Marine Trust Co. of the City of New York and located in the financial district. While no announcement was made of how much stock would be sold to the public, trading in Marine Midland commenced on the New York Produce Exchange, the stock selling at more than 20 points over the rumored offering price of $60 per share...
Officers were announced as Mr. Rand, president, Ernest Stauffen Jr., chairman of the board of directors, Harral S. Tenney, vice president. Banker Stauffen, enthusiastic, has been a prime mover in group banking, was perhaps principal factor in formation of Marine Midland Corp. But unlike Banker Rand, Mr. Stauffen did not learn his banking behind cages and over ledgers. Graduated from Columbia in 1904, he practiced law, then became vice president in charge of finance of Lord & Taylor, Manhattan merchants. In 1915 he was made a vice president of the Liberty National Bank, kept the position when this institution was merged...
Briggs & Stratton Corp. (108,500 capital...
Last week he sold the rights to Radio Corp. of America. Through the cooperation of such manufacturing concerns as General Electric and Westinghouse Electric, the Theremin instrument will soon be on sale throughout...
...obtained from Yale last June, to be inducted in November, is living temporarily as the house guest of Harold Higgins Swift, potent meat packer and Chicago Trustee. A studio for Mrs. Hutchins, who sculps, was improvised over the Swift garage. Max Epstein, chairman of General American Tank Car Corp., who donated and for whom was named the Epstein Dispensary, has given some $1,000,000 for an art center. For teachers and pictures the university must look elsewhere...