Word: escrowed
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...Since 1931, Pan Am had owned a majority of Scadta's stock. Reportedly, most of their shares were held in escrow (with voting powers) under the name of Scadta President Peter Paul von Bauer...
...journeyed to New York, spent an evening with Father Divine and his angels, declared afterward that she had conveyed her property to him. Father Divine announced he would take a boatload of his followers to Newport to inspect The Castle. Meantime he said the property would be held in escrow "until any little disturbances have been obviated...
...compromise Mergenthaler's President Joseph T. Mackey proposed to put 10% (about $200,000) of his annual wage bill in escrow, the sum to revert to the company if it lost money next year, to go to the workers if a profit was earned. When young Mr. Carey's young deputy, William Mitchell, turned this down, New York labor mediators suggested that Mergenthaler continue to pay 95% of present wages, put 5% in escrow until September 1939. To this Messrs. Mackey and Mitchell last week consented. At fiscal year's end, an impartial arbitrator will go over...
...behalf before F.C.C. Examiner George Hill. Since the transfer of the station from R. S. Bishop, its present owner, was unopposed, the hearing lasted but a couple of hours. Radioman Roosevelt testified that the purchase price was $57,000, $12,500 of which had been placed in escrow, the rest payable when the F.C.C. makes its decision; that KFJZ was being bought by his wife, but that under Texas law husband and wife share jointly in estate and income; that Ruth Googins Roosevelt is worth $99,500; that he has an income "in excess of $20,000"; that his wife...
...York Athletic Commission intend to go right ahead with whatever they are doing in this heavyweight matter, 'de jure' or by 'force majeure' (Lincoln v. Douglas, 1860, U. S., and McLarnin v. Canzoneri, N. Y., 1936) and the whole action is thus left in escrow. Whatever the verdict, the promoters will pay costs...