Word: deposited
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Dates: during 1970-1979
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...were nowhere near the $450,000 in overdrafts that some newspapers had attributed to him. That figure was the highest total of overdrafts listed by the Comptroller of the Currency for nine relatives between September 1974 and April 1975. Lance claimed he had always had enough money on deposit in other accounts at the Calhoun bank to cover the overdrafts in his personal checking account...
...cover the overdrafts by himself, his wife-whose personal overdrafts reached a high of $110,493 in 1974-and his gubernatorial campaign committee, which overdrew its accounts by as much as $152,706 in 1974. He insisted, however, that he had given the bank a $110,000 certificate of deposit to cover any campaign overdrafts, as well as an unlimited signed guarantee that he would meet all of his political committee's debts to the bank. And, Lance claimed, all of the overdrafts by himself, LaBelle and his campaign committee had been repaid "without a penny being lost...
Love of wealth, observed Alexis de Tocqueville, is "at the bottom of all that the Americans do." But he was off the mark, to judge by the contents of 400 long-abandoned safe-deposit boxes auctioned off last week in Worcester, Mass. The sale involved a total of 849 items-the leavings of Bay Staters who had died, moved away or had otherwise not touched their treasures for ten to 15 years. Aside from junk jewelry and silverware, the loot was a curious miscellany: a Mickey Mouse watch, three strips of lace, a cigar cutter, Confederate money, an old carburetor...
...stock's price later dropped to below $10 a share, but the bank did not demand more collateral or repayment of the loan because the borrower kept a lot of his firm's money on deposit at the bank...
Young prodigies in art are as common as seagulls; the rarities are old. A special aura clings to the late works of old men who can sum up a lifetime's deposit of knowledge in a final burst of invention. One thinks of Rembrandt's late self-portraits, of Titian at 90 or Bernini at 75; or, in our century, of Henri Matisse, who died in 1954 at the age of 85. The last two decades of his life were increasingly spent on making works in paper. Ensconced in the south of France, first at Nice and later...