Word: firmed
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
Russell C. Leffingwell, a member of the law firm of Cravath, Henderson, Leffingwell & de Gersdorff, was admitted as a partner to the firm of J. P. Morgan & Co. Mr. Leffingwell, born in New York City in 1878, after graduation from Yale took a law course at Columbia. In 1902 he began his law practice, joining in that year the firm which he has just left...
Ever since the death of Henry P. Davison in May of 1922, J. P. Morgan & Co. has felt the need of a new partner, particularly since the firm's international business has been constantly growing. The choice of Mr. Leffingwell is a natural and happy one, and has been for some time anticipated by the financial center...
...partners of J. P. Morgan & Co. are now: J. P. Morgan, Edward T. Stotesbury, Charles Steele, William H. Porter, Thomas W. Lament, Horatio G. Lloyd, Dwight W. Morrow, Edward R. Stettinius, Thomas Cochran, Junius Spencer Morgan, Jr., Elliot Cowdin Bacon, George Whitney, Thomas S. Gates, Russell C. Leffingwell. The firm holds two " seats " or memberships in the New York Stock Exchange, which stand in the names of J. P. Morgan and his son, Junius S. Morgan, Jr. The number of Morgan partners has always been elastic, and has recently varied from nine to fourteen, so that it cannot be said...
...house began to float petroleum securities in the boom of 1919-20. Heavy losses were sustained in Simms Petroleum, which took a greater toll from supposed "Wall Street insiders" than from the general public. The last venture was in Mexican Seaboard, whose sharp drop was the occasion of the firm's insolvency. Rumors caused a run of frightened customers and the failure became inevitable...
...house was, in fact, solvent on paper at the time of its failure, but its assets, including claims against the Alien Property Custodian, were frozen. The concern had long been known for its dealings in foreign exchange and silver bullion. Before the establishment of the Reserve System, the firm had during panic times done a curious but successful business in exchanging American currency, then at a premium, for American certified bank checks...