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Word: kites (lookup in dictionary) (lookup stats)
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...kite is to draw upon a bank account in which there is at the moment less money than the draft. Example: Perhaps Col. Lea one day deposited in Liberty Bank a check of $1,000,000 drawn against a Missouri bank. Properly speaking, he would have had no money in Liberty Bank until the check had been cleared. But his good friend Mr. Donnell might have let him draw $500,000 against the deposit at once, thus kiting. If at the same time he in reality had no money in the Missouri bank but had merely deposited there a check...

Author: /time Magazine | Title: Business & Finance: Kiter Lea | 4/13/1931 | See Source »

...ALLEN M. KITE...

Author: /time Magazine | Title: Letters, Mar. 9, 1931 | 3/9/1931 | See Source »

...Judge Joseph W. Schulman, by his own $400 check drawn to M. Green, endorsed to Zuta, returned by the bank marked "payment stopped," and by other vouchers. Said the Judge: "I was in financial difficulties and I had to kite some checks. Green would get me a check and I would write one of my own . . . and date it a month ahead and give it to Green. I didn't pay any attention to the names on the checks." ¶ Chief of Police William 0. Freeman of Evanston, by a letter on official stationery, asking for "four...

Author: /time Magazine | Title: CRIME: Dead Man's Tale | 9/1/1930 | See Source »

...soldier-patriarch, commander of the Emperor's 2nd Army in the Russo-Japa-nese War; after long illness of bronchial catarrh, at his home in Tokyo. Born a Commoner, his war services won him the titles of Baron and Count, First Class of the Order of the Golden Kite, Japan's Highest military award. He was made Field Marshal...

Author: /time Magazine | Title: Milestones: Jul. 28, 1930 | 7/28/1930 | See Source »

Hydrogen generating apparatus, 140 tons of crude chemicals, and a kite balloon capable of holding 35,000 cu. ft. of hydrogen (while it is being pumped into the Grafs gas cells), pyrofax (65%) and hydrogen (35%) to be mixed and stored in the Graf's ballonets as motor fuel, all were shipped last week to Pernambuco from Lakehurst...

Author: /time Magazine | Title: AERONAUTICS: Zeppelin Pool | 4/7/1930 | See Source »

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