Word: corps
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Dates: during 1920-1929
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...mammoth investment trust is Ungerleider Corp., with its relatively modest 25-million-dollar initial capital. But in view of current criticisms, its structure attracted attention. It begins life with a management contract entered into with Samuel Ungerleider & Co., which provides that the brokerage house will receive no compensation except standard commissions unless the investment trust has earned in excess of 8% on its capital. When more than 8% has been earned, Samuel Unger leider & Co. will receive 20% of net profits, but only if the payment of such 20% does not reduce the corporation's profit below...
...Through Mr. Posner of Ungerleider Financial Corp., a somewhat winding trail leads to Goldman-Sachs Trading Corp., as Ralph Jonas, of Jonas & Neuburger, is head of the executive committee of Goldman-Sachs...
...great national oil restriction program (TIME, April 8 et seq.) opened another seam last week when Oklahoma operators decided that the sky was the limit on Oklahoma production. Prairie Oil & Gas and Sinclair Oil Corp. were listed as anti-restriction leaders, with the approach of the automobile and gas-consuming season as underlying motive for increased production. Oklahoma has had a proration agreement with an umpire (one Ray Collins) to enforce it, but oilmen turned baseball-men, cried Kill the Umpire, abolished the proration system...
...United Corp. For Mr. Broun to identify himself with the industrial fortunes of United Corp. of Delaware, however, might be called shocking in so famed a Liberal. Incorporated early in the present year, United Corp. was formed as a holding company for the Morgan, Drexel, Bonbright and American Superpower holdings in United Gas Improvement, Public Service Corp. of New Jersey, and Mohawk Hudson Power Corp. The company was designed to "foster closer relations between the great public utility systems of the east"-i. e., to promote utility mergers and consolidations. What would Brown Derby think? How could the Nation approve...
...number of shares in General Realty, Mr. Broun claimed that he is "wholly in the dark," having purchased common stock on a tip from a friend whose advice was based on the preferred. Mr. Broun was, therefore, unaware that the full name of his company is General Realty & Utilities Corp., that it is a holding company for real estate and for public utility stocks. Thus far (it was incorporated in January, 1929), General Realty has functioned chiefly in the realty field, holds 100,000 shares of Thompson-Starrett Co., and has as yet engaged in no more nefarious activity than...