Word: lumping
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Dates: during 1930-1939
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Instead, the road asked its bondholders for a one-year moratorium. All interest due this year would be paid in a lump sum in 1937. The junior creditors have already agreed to a moratorium provided holders of 75% of the first mortgage bonds also waive their claims. In a joint statement Chairman Thomas Milton Schumacher and President Charles Elsey held forth this hope: "The traffic of the railroad has shown progressive improvement for the past six months, and the management believes that if the holders of the funded debt cooperate . . . the company will be able to meet its other obligations...
...November 1917, a hard, dark chunk of a man walked round & round a team of 34 dray horses at the foot of 132nd St., Manhattan, feeding each & every horse a sugar lump. On a tremendous trailer attached to the team was a submarine which had just been hoisted out of the Hudson River. The man turned and walked down the street, the 34 horses following him. Thus, while thousands jam-packed the sidewalks, did Truckman Henry Herbermann haul the German U-boat C-5 to Central Park to be used as a speaker's rostrum for the second Liberty...
...bondholders- and the issuing bankers but also from: 1) banks engaged in financing foreign trade, 2) importers and exporters and 3) "foundations and public-spirited citizens." An annual budget of $100,000 will be raised in part by offering non-voting Council memberships to "founders" who pay a large lump sum and "contributing members" who pay yearly dues...
When Empress Waizeru Menen of Abyssinia (TIME, Oct. 9) walked into the Mograbi Opera House in Tel-Aviv to witness the performance of Rigoletto by the Palestine Opera Company, she was one and a half hours late and she did not "waddle like an ambulating lump of cocoa butter." Hindered on all sides by thousands who thronged the square in front of the building to see the modern Queen of Sheba, her walk, though slow and halting, was nonetheless queenly. Were she slimmer, eyes on Lenox Avenue would raise a notch as she passed...
Cancer "Cures." Good news to enemies of quack cancer "cures" were two court actions last week. In St. Louis three years ago Mrs. G. W. Haggard discovered a pea-sized lump in her right breast. A surgeon advised an immediate operation. More attractive was the prospect held out by Drs. John E. and Edward C. Westaver, father & son, who promised a cure with their salves at $2 a treatment. After nine months in their care Mrs. Haggard died. In St. Louis medical experts testified that dallying with the worthless Westaver nostrums had cost her a chance of recovery through proper...