Word: deposited
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Dates: during 1930-1939
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...Foreign capital seeking safe deposit in the U. S. kept vice presidents of Manhattan banks busy opening new accounts for Europeans...
...peaceful old man last week, but for over 21 years he had had no peace. When he was taken to Joliet Penitentiary to serve 14 months for threatening Banker Forgan, he was in a predicament. In Box No. 198 in the vaults of Chicago's National Safety Deposit Co. he had four black powder gaspipe bombs. He solved his problem momentarily by throwing away the safe deposit...
Then a new problem arose. Unless he paid the safe deposit rent regularly, the company would open the box and find the bombs. Having no key, he could not remove them in secret. The price of safety was $10 box rent annually. So for 21 years he paid blackmail to the devil in cash. Even so his secret was not safe. This winter the safe deposit company decided to move. He could do nothing. So finally Reinhold Faust's box was duly opened. Having heard this story, Municipal Court Judge Matthew D. Hartigan freed Reinhold Faust...
...enormous power, last week heard Bill Douglas try to prove that insurance directors use their influence to swing business their own way. Evidence: 1) while a director of New York Life, Alfred E. Smith solicited fuel oil contracts for certain of its properties; 2) Mutual Life's deposit at Bankers Trust Co. jumped from $150,000 to $1,500,000 when Bankers Trust's President S. Sloan Colt became a director; 3) the Chicago law firm of Mitchell D. Follansbee, director of Metropolitan Life, has received $334,000 in fees from the Metropolitan since...
...when such an event would have brought cursing crowds banging at the doors of the bank's red brick building, when local payrolls would have stopped, local taxes gone unpaid, a resounding local depression started. But after the 1933 Bank Holiday, the New Deal set up Federal Deposit Insurance Corp. Since then banks have paid .08¼% of their average daily deposits to FDIC, thus insuring all deposits of $5,000 or less...