Word: defunction
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...from the board of Fox Film Corp., now Chase-dominated. By contract he retains a $500,000-a-year salary until 1935. A new Fox director whose election was a surprise was David K. Este Bruce, son-in-law of Andrew William Mellon. George Mallory Pynchon, senior partner of defunct Pynchon & Co?took a salaried job with Potter 6 Co., members of the New York Stock Exchange. Nathan S. Jonas, founder of Manufacturers Trust Co., Manhattan, chairman of its board of directors, resigned. This had been rumored ever since Harvey Dow Gibson & associates bought control of Manufacturers from Goldman Sachs...
...Impeachment Article No. 1 against Governor Henry Hollis Horton. The charge was that he had conspired with Col. Luke Lea, newspaper publisher, and Rogers Clark Caldwell, financier, to manipulate State funds for their private profit in building up an economic empire in the South (TIME, June 8). In four defunct banks, subsidiaries of the bankrupt Caldwell & Co., Tennessee had some $6,400,000 in public funds tied up. Governor Horton was depicted as bowing to the dictation of Messrs. Lea & Caldwell in return for their political support...
...executive officer on impeachment charges. He was State Treasurer Larry Brunk. The Missouri House had impeached him after the State Supreme Court had denied Governor Henry Stewart Caulfield the power to remove him from office. Larry Brunk was accused of collecting interest on State funds deposited in the now defunct Bank of Aurora in his home town. These collections, according to the charge, went into a "Brunk Rent Account" from which the State Treasurer's private indebtedness to the bank was gradually liquidated. Another charge was that Brunk got a $10,000 gift from a Chicago bond house...
...have eliminated many of the worst types of customers' men at present. But Writer Sparkes is not dealing with a vanished race. Many a Wall Streeter will be amused by Customers' Man, many a Main Streeter instructed. Harold Russell ("Night") Ryder, 35, business-getting partner in the defunct brokerage house of Woody & Co. was last week sentenced to not less than three nor more than ten years in prison for grand larceny. He used to say he had $4,000,000 before he was 30, used to call himself "the brightest young man in Wall Street...
...Girard, Kans., Publisher Emanual Haldeman-Julius (Little Blue Books) announced that within three weeks he would revive the defunct Socialist journal The Appeal to Reason. The War killed it in 1918. Publisher Haldeman-Julius said he would reinstate the former editor, Fred B. Warren...