Word: kogyo
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Dates: during 1939-1939
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...paunchy, grey-haired Oriental President Lewis Henry, of Elmira, N. Y., sold his company to Nihon Kogyo Kabushiki Kaisha (Nippon Mining Co., Ltd.). The deal: $756,700 cash; two payments of $756,700 within 30 and 60 days respectively; $4,542,000 payable by Aug. 31, 1942; $1,362,500 payable by Aug. 31, 1943. All deferred payments were guaranteed by the Yokohama Specie Bank, Ltd., New York City, with interest at 4%. To President Henry-whose late client Jacob Sloat Fassett (onetime Congressman and Republican leader of New York's Senate) was a backer of Promoter Hunt -this...