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Detective Scaffa had, however, learned his lesson. Thereafter police found him friendly, co-operative-in return grew less inquisitive about his methods. He got back $200,000 worth of stolen property for Wanamaker's department store, a $40,000 pearl for Mrs. Joshua S. Cosden, jewels worth $81,000 for Singer Grace Moore, made another retrieve from the famous Sitamore loot. Soon he had 20 operatives working for him, was earning $25,000 per year. Local police were grateful for the effort and embarrassment he saved them. And then, last year, Congress passed the National Stolen Property Act making...

Author: /time Magazine | Title: CRIME: Retriever in Trouble | 6/10/1935 | See Source »

Occasionally he offers wholesale wagers in the wrong company. At his Beach Club in 1923 he offered anyone 5-to-1 that a sure starter in the Derby, three months away, could not be named. Up spoke Harry Sinclair and Joshua S. Cosden, asking for $5,000 worth apiece. Both had Derby eligibles, and although their horses had run last in the Preakness week before the Derby, both delightedly posted the $500 entry fee to send them to the barrier. Mr. Sinclair's Zev came in No. 1, Mr. Cosden's Martingale...

Author: /time Magazine | Title: Sport: St. Edward of Lexington | 5/7/1934 | See Source »

When Receiver Moore knocked down the sale of Cosden Oil Co. to Josh S. Cosden here recently Mr. Cosden's answer to West Texans' lusty whoops was not, "All I have to say is if anybody has $501,000 they can have the thing...

Author: /time Magazine | Title: Letters, May 1, 1933 | 5/1/1933 | See Source »

Contrary, too, to TIME'S interesting account of the Cosden sale-and-purchase (TIME, April 10), and to reports published locally, Cosden leaped not from the shoes of a Maryland drug clerk but from the more thinly-soled footgear of a small-town newspaper reporter into the shiny boots of an Oklahoma oilaire. So said Cosden to friendly Big Springers who dined him the evening after the sale in their oil-built 15 story Settles hotel...

Author: /time Magazine | Title: Letters, May 1, 1933 | 5/1/1933 | See Source »

Last week in the Cosden refinery at Big Spring, George N. Moorse, receiver, faced a meager crowd of 200 to auction off Cosden Oil Co. By court order he was forbidden to take less than $500,000-for a company that had been valued at $40,000,000 in 1929. Joshua Cosden was in the crowd, his attorney and personal friends around him. He had little more to lose if the company passed into other hands though some of his friends would be wiped out. The auctioneer asked for bids. There was silence. Then Josh Cosden said, quietly...

Author: /time Magazine | Title: Business & Finance: Big Spring | 4/10/1933 | See Source »

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