Word: debts
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Dates: during 1930-1939
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...deposit at the Guaranty Trust by the Russian Government Dec. 17, 1917. On Feb. 25, 1918 the bank closed the account, charging against it sums of money which were then due it from the Russian Government as successor to certain nationalized concerns which had been in debt to the bank. When, by the Litvinov Agreement of 1933, Russia turned over its accounts to the U. S., the Guaranty Trust claimed the $4,976,722 could not be collected because of New York's statute of limitations. The bank won in the lower court, lost last week...
...precept which black, benign Major J. ("Father") Divine, Harlem cultist, enjoins upon his followers is that all stolen goods should be returned to their rightful owners, all old debts be paid to creditors. Since Father Divine attained a following many a U. S. merchant, especially in the South, has testified that many a black man's long-forgotten debt has indeed been liquidated. In Harlem last week one Famaca Real, a Divine follower, took pen & paper, laboriously composed a letter. She had once purchased goods on credit in Pittsfield, Mass., could no longer recall the merchant's name...
...sales and chief engineer, drew up an analysis of the company which he put before the directors in June. Gist of it was that with Hupmobile's reputation still high among car-owners* all Hupp needed was working capital and a new car. The company had no funded debt, and drastic write-downs on machinery and equipment made its overheac the lowest in the industry. Brightened by Mr. Bradley's analysis, the directors elected him to succeed President Wallace Zwiener, who died a year ago. The company then dropped a previous proposal to issue some $570,000 worth...
...Elected. When Mayor LaGuardia was elected he found himself in charge of a city which had a debt of $1,800,000,000, about 50% greater than the public debt of the U. S. when he was elected to Congress in 1916. He found a city accustomed to living on an annual budget of $600,000,000. Tammany in election year had cut the budget to $551,000,000, but it was still $30,000,000 out of balance and when Mr. LaGuardia stepped in he found that Tammany had reduced the apparent size of the budget by simply omitting...
...Manhattan last autumn. Since Slip Madigan had been owed $21,690 from the 1934 and 1935 seasons, the Fordham check looked almost like a settlement. At the time the president of the college, Brother Albert, explained: "I paid Mr. Madigan because I recognized a just debt and because I recognize that he has brought certain assets to St. Mary...