Word: mortgagee
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Dates: during 1940-1949
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Fortnight ago, this far-famed World War II legend-with-a-happy-ending popped up again, with embellishments. From St. Joseph, Mo., the U.S. Army's Stars & Stripes picked up a news dispatch which solemnly described a scene in a bakery. This time, the overdressed woman said: "I hope...
Great Traditions. In Chicago, Knight bought control of several things he did not want: a paper which in recent years had been going downgrade in influence, had been losing circulation to the yeasty Times; a 25-story building (with a $4,933,000 mortgage); a company with a top-heavy...
Last week the Erie Railroad started banking funds to pay off the oldest outstanding railroad bonds in the U.S.-the New York and Erie Railroad first mortgage 4% bonds, issued in 1847. When the $2,482,000 of bonds are redeemed with interest to maturity, charges for the 100 years...
What happens when six real Marines take Woodrow in hand and forcibly escort him home, his ill-fitting uniform bristling with extemporaneous decorations, is the stuff which makes Hail the Conquering Hero one of the year's most ingratiating pictures. When grateful townspeople solemnly burn the mortgage on the...
¶ The loans will be paid out only as work is completed (like progress payments on a mortgage), so the Bank can be assured the loans are not being misused.