Word: lateral
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Dates: during 1920-1929
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...Later, interviewed concerning his reported retirement, he repeated his willingness to stand down and give others a chance if England should win the third test...
Eight years later Father William died. In the hands of executors he left a sealed envelope. It was solemnly torn open. Inside was the name of Brother Bramwell, nominated General of the world-wide tambourine Army in dynastic succession to Father William...
...were to allow any such acquisitions (and later consolidations; the eastern railroad situation would become as follows...
...Mutual Life Insurance Co., was shown that the bank's old charter was very broad, and hence useful. Quickly he reorganized the guaranty & indemnity company as a guaranty trust company. Its capital then (1891) was $100,000, its surplus $720, its undivided profits nil, its deposits nil. Six months later capital was $2,000,000, deposits more than $1,000,000. Thereafter (the corporate name was changed to Guaranty Trust Co. in 1895) growth was sedate, based on insurance policy loans and railroads trusteeships. That is, until Morgan Partner Davison took hold in 1909. He increased capitalization...
...become a member of the (perhaps) richer Guggenheim Bros. firm. The Guaranty's resources then were just about a half-billion. But the War was on in Europe. Morton died; Hemphill had become chairman, Mr. Sabin president. Under President Sabin the Guaranty sold vast bond issues for the Allies, later vaster ones for the U. S. The War over, he organized his bond department as the Guaranty Co., owned wholly by bank stockholders. The bank was yearly becoming bigger & bigger, richer & richer...