Word: deposit
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...illegal. Refused an injunction by lower courts in the South, they got a decision from the Supreme Court. By vote of 6-to-3 (Brandeis, Stone and Cardozo dissenting) the Court granted a temporary injunction. Until the legality of the processing tax is decided the rice millers can deposit the tax alleged to be due with a depositary chosen by the Court, get it all back if they eventually win their case...
Separated. Margaret ("Margo") Couzens Chewning, Washington socialite, daughter of Michigan's rich Senator James Couzens; and William Jeffries Chewning Jr., Federal Deposit Insurance Corp. employe, with whom she eloped five years ago after obtaining a dispensation from Baltimore's Archbishop Michael J. Curley...
...Haas, who once was a fruit-grower himself, explained that somewhere in the earth below the apple a gold deposit must exist. He also explained that his indicator would do much more than locate an ore body. If, when suspended above an ore body, it swung back & forth 100 times, then the bottom of the ore body was 100 feet below the earth's surface. If it oscillated in a circle 20 times, then the ore contained one ounce of gold to the ton. Judging how far below the earth the top of an ore body might...
Five years ago the School Savings movement reached a slightly dizzy peak when 4,500,000 U. S. youngsters deposited over $29,000,000. In schools throughout the land "home rooms" vied for banners signifying the highest average of depositors. All-city champion schools were rewarded with kind words from superintendents. And any wretched pupil who failed to deposit his weekly dime was disgraced. Since that time, annual school savings have tobogganed to about...
Last week, however, a big Manhattan bank made news that most bankers welcomed?secretly if not publicly. For the first time the constitutionality of Federal Deposit Insurance Corp. was challenged in Federal court. Under the permanent insurance plan in the new Banking Act, the FDIC assessment of one-twelfth of 1% per year is levied not just upon accounts of $5,000 or less, which are the only ones insured, but upon a bank's total deposits. That provision works to the advantage of small institutions most of whose deposits are in small accounts, and to the disadvantage...