Word: ivar
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Died. Frederic Winthrop Allen, 56, member of Lee. Higginson & Co.. corporation director (Chase National Bank, Shell Union Oil Corp., Otis Elevator and other companies), onetime (1916-26) chairman of Yale's graduate rowing committee; after long illness; in Manhattan. As U. S. bankers for the late Matchmaker Ivar Kreuger, Lee. Higginson sold some $150,000,000 of Kreuger securities. When Kreuger's suicide toppled the match empire, odium fell on Lee, Higginson for not having insisted on a U. S. audit. Patrician Banker Allen, with seven other directors of International Match Co. (Kreuger affiliate) were sued...
...contracted with the late Ivar Kreuger to purchase a "dominant interest" in Ericsson, made a down payment of $11,000,000, and received Ericsson stock of equivalent value. Then it asked for an audit. It was this audit, disclosing Kreuger's false statements, which wrote the final chapter in the Match King's career. Sosthenes Behn declared he would cancel the deal, asked for his money back. He has yet to see it. So he kept the Ericsson stock, which gave him a 20% voting interest. It was this block which, subject to the approval of the Swedish...
Alexander turned him down. Though he despised Lowenstein he liked the late, equally notorious Ivar Kreuger, would never admit that he was a crook. He fell in love with a young Englishwoman at Biarritz, but it came to nothing because she insisted on marriage and his wife would not give him a divorce. He became a spiritualist. Finally he did the accepted thing, went to the U. S. as a lecturer. At his first lecture (in a Baptist church in Grand Rapids) the unexpected strains of the Russian National Anthem made him blench. Nothing else in the U. S. seems...
...Jersey City vault last week, detectives and ferreting lawyers discovered a cache of paintings, books, and silverware valued at $100,000, which squirrely friends of the late Ivar Kreuger had attempted to hide from the legal creditors of his estate. Still missing is a collection of 300 etchings supposed to be worth...
...forays were generally successful. But there came a day when his sons set out against his warning. The near-disastrous storm they ran into was only the start of their troubles. When they were finally shipwrecked on England's coast they found themselves in the land of Uncle Ivar, their mortal enemy. In a last good, solid. head-cleaving fight they managed to get him down before his carls did for them...