Word: first
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Dates: during 1920-1929
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...That corporations which had loaned money "on call" to speculators had contributed more than any other group to an unsound financial situation because many a corporation promptly called in its loan at the first sign of trouble. Five directors of one corporation threatened to resign last week if their company should call its loan. These directors took the honorable position that having once loaned its money to the stockmarket, the corporation should stand by the market so long as its loan was adequately protected by collateral...
...Hannauer, late President of the Boston & Maine, died of heart failure while watching the Yale-Dartmouth game. Last week the B. & M. elected Board Chairman Thomas Nelson Perkins, Harvard Fellow, as acting President. Mr. Perkins has been an outstanding lawyer in Massachusetts for some 35 years. He was the first American member of the Reparations Commission, and in the Reparations Conference last spring he was alternate to Owen D. Young. That he is a Boston aristocrat does not weigh too heavily on his shoulders. He is noted for his democracy and humor...
...Daniel Willard of the B. & O.; behind the third sit the chubby brothers Oris Paxton and Mantis James Van Sweringen. On each of the three Boards a different consolidation game is being played. Last week two bold moves were made on the Van Sweringen board. Master Atterbury made the first when he captured a valuable pawn, the Pittsburgh and West Virginia. His Pennroad Corp. bought for $50.000,000 from Frank E. and Charles E. Taplin the controlling interest in the road. The loss of this key road is a setback to the Van Sweringen merger plans, which does not displease...
Minneapolis. Steady and rapid expansion of First Bank Stock Corp., operating in the northwest, was continued last week with the purchase of National Bank of Lewistown, Mont., and Merchants National Bank of Cavalier, N. Dak. Units in the chain total 63, resources...
...first bill was a sound picture, made as an experiment by the Philadelphia Police Department, of a murderer, one William E. Peters, confessing his crime. With a tired, unshaven face and worn, disordered clothes pulled and stretched by fierce handling in the patrol wagon, Peters told slowly about going to his girl's home, following her upstairs, quarreling with her, shooting...