Word: harriman
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...this bad news NRA received notice from Harriman Hosiery Mills that it would shut down if General Johnson did not restore the Blue Eagle he took away from it last April for failure to obey the hosiery code's labor provisions. For months General Johnson has adjured the public to buy only Blue Eagle goods. His campaign was sufficiently effective for the Harriman mill to claim it could not work without a Blue Eagle, had, in fact, already lost an order for 30,000 doz. pairs of stockings placed by the State of Pennsylvania. NRA did not rejoice over...
Last week a Federal jury in Manhattan found Joseph Wright Harriman guilty of ordering $1,713,000 worth of false entries in the books of his now closed Harriman National Bank & Trust Co., of misapplying $600,000 in assets. On the stand Defendant Harriman, much improved physically and mentally since his half-mad nights from a sanatorium last year, craftily tried to shift the blame to his co-defendant and onetime executive vice president, Albert Murray Austin. The jury acquitted Austin on all counts...
...verdict is altogether understandable. As to Defendant Austin, I dare say you found him, as I did, to be one who took his direction from the man in control . . . and therefore such guilt as might rest on him was of a different type than that which characterized Mr. Harriman. ... I hope that other bank officers, entrusted with the proper use of the moneys in their care, will take this verdict very much to heart...
...Austin sobbed soundless relief. Mr. Harriman licked dry lips noisily. Then Harriman and his white-haired wife went home to the Doctors' Hospital where they have both lived as patients since last fall Maximum penalty for the 16 counts on which Harriman was convicted is 80 years in jail, $80,000 fine...
...Hardman National Bank & Trust Co. closed last year, the Federal Government brought suit to compel the 19 members of the New York Clearing House Association to cover a $6,300,000 deficit in the bank's funds. The Government charged that the Clearing House members had promised Harriman Bank officers that they would not let the bank fail. Last week nine Clearing House members, including Chase National Bank, Corn Exchange Bank and Central Hanover Bank & Trust, agreed to settle the suit out of court, pay $2,835,000 as their share. That will bring payments to Harriman...