Word: lazard
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...heavy-jowled Jew of 64, Herbert Fleishhacker made a small fortune in wood, paper and power mills, got into banking in 1907 by marrying the daughter of Sigmund Greenbaum, president of San Francisco's London, Paris & American Bank. Simon and Alexandre Lazard, Alsatian commission merchants who started Lazard Freres in San Francisco during the gold rush, in 1884 formed the London, Paris & American Bank to handle their interests when the firm moved to New York and Paris. Young Fleishhacker rose speedily to the top, but not solely because he married the boss's daughter. Banker Fleishhacker...
Unaccustomed to the American quirks of Herbert Fleishhacker was a little, button-eyed Frenchman named Etienne Lang, great-nephew of the late, great Parisian Banker David Cahn, who was sent from Paris to San Francisco in 1931 to look after the Anglo Bank interests of the Lazard family. Etienne Lang presently hired a private detective to conduct a secret investigation of Herbert Fleishhacker's affairs. On the basis of this investigation, Lang and his lawyer, a heavy-shouldered Los Angelean named Harold Morton, in 1933 brought suit against both Herbert Fleishhacker and the Anglo Bank in connection with...
...purpose, according to the defense, of spurring action in this case, another suit was brought in December 1934 by the Lazard family and certain other Anglo stockholders against Banker Herbert personally and the bank, charging in substance that he had used his position as Anglo president to wangle profits on the side for himself. This was the suit which last fortnight came to trial on the third floor of San Francisco's post-office building in the marble and plaster-cupid encrusted courtroom of Federal Judge Adolphus Frederick St. Sure...
Armed with a power of attorney from Utilities Power & Light's directorate, Mr. Odium crossed the Atlantic to find a buyer. This he did last week. The buyer was the London branch of the international banking house of Lazard Freres, acting for a British group. The benefits of Mr. Odium's Atlas Corp. will flow from its Utilities Power & Light bonds, which jumped about five points last week, the 5% issue rising to 75? on the dollar, the 5½% issue to 78?. When & if the Utilities Power & Light directors vote part of the proceeds of the British...
Sixth in total business was Blyth & Co., Charles Edwin Mitchell's new stand. "Charlie" Mitchell's financing for the first half footed up to $263,000,000. Other ranking houses: Lazard Frères ($168,000,000); Bancamerica-Blair ($156,000,000); Halsey, Stuart ($143,000,000); Lehman Bros. ($137,000,000); A. C. Allyn ($128,000,000); Mellon Securities ($113,000,000); Field Glore & Co. ($113,000,000). Chase National Bank was well up in the list ($136,000,000) with its municipal bond underwriting, which is still permissible for commercial banks...