Word: halsey
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Cities Service, unique Henry Latham Doherty's combination electric, gas and petroleum company, last week announced an issue of $118,000,000 in 5% convertible debentures due 1950. A syndicate headed by Harris, Forbes & Co. in the East and Halsey, Stuart & Co. in the West is handling the issue, has also withdrawn from public offering between $25,000,000 and $30,000,000 of its amount. As 140,000 Cities Service stockholders have already bought an additional $45,000,000, there remains some $60,000,000 in which the public may participate. Object of the issue was the raising...
...with, funds. Furthermore the bankers (who included both the Fox and the anti-Fox factions in the late war) were to receive only 300,000 shares of three-year warrants of Film A at $35 a share-a banking profit notably smaller than the commissions formerly proposed by either Halsey, Stuart or the Bancamerica-Blair. Dillon, Read & Co., Lehman Bros, syndicate...
...friends Jacob Loeb and Nathaniel King. New directors included: Harley Clarke (new Fox chief), Matthew C. Brush of American International; Charles B. Stuart, brother of Harry Stuart (Halsey, Stuart & Co.). John Edward Otterson (for American Telephone & Telegraph) was not included...
...majority of the voting Film stock. As the major issue in the entire Fox litigation had been the possession of these 150,101 shares, and as the purchasing company had been closely allied with the anti-Fox party, there was no question but that Harold Leonard Stuart of Halsey, Stuart & Co. and John Edward Otterson, of Electrical Research Products, Inc., major Fox opponents, were unqualifiedly the victors...
...Manhattan. The theatres equipment company has been interested chiefly in the manufacture of new cinema-projection equipment, controlling the patents covering Grandeur (oversize) pictures. The close (although not corporate) connection between Mr. Clarke, Mr Stuart and Mr. Otterson has been evident since the announcement early in March of the Halsey, Stuart plan of Fox financing-a plan which provided for new Fox film stock to be underwritten by the theatres equipment company...