Word: meighan
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Died. Thomas Meighan, 57, oldtime cinemactor (The Miracle Man); of influenza and cancer; at Great Neck...
None of this was known by the firm's floor member, Jerome T. Meighan. who is not to be confused with Michael J. ("Mike") Meehan, now being questioned by the Securities & Exchange Commission for alleged manipulation of stock in Bellanca Aircraft. Apparently responsible for the McCaffray finagling was Managing Partner William H. Hosford, who resigned last month. As soon as Floor Member Meighan learned about his partner's activities, he reported them to Stock Exchange authorities...
...tipped off SEC, which in turn tipped off the New York State Bureau of Securities. Not until the day after the injunction was obtained last week did the gong on the rostrum above the floor of the Exchange bring trading to a halt for the formal announcement that Partner Meighan had been suspended for three years for "conduct or proceeding inconsistent with just and equitable principles of trade in that his firm . . . had engaged in reckless and unbusinesslike dealing. . . ." Later the New York Curb Exchange suspended McCaffrey's Curb members...
...Partner Meighan had to take the rap because he was the only partner who was an Exchange member. Summing up the case, the New York Times declared: "Wall Street observers felt . . . that neither the New York Stock Exchange nor the Curb Exchange had added to their prestige by their handling of the case of Walter P. McCaffray...
...find it projected upon the screen as an up-to-date tearjerker, in which young Bill Peck experiences every childhood misery known to Hollywood, from a cuff on the ear to forced separation from his mongrel dog. When he writes an essay to the effect that Mr. Peck (Thomas Meighan) is an ideal father, he learns that Mr. Peck is not his father. When his Aunt Lily (Dorothy Peterson) and his Cousin Horace (Jackie Searl) arrive in the Peck household, Horace turns out to be a juvenile sneak & pedant. Bill Peck's gang refuses to accept him. Aunt Lily...