Word: mortgagee
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Dates: during 1940-1949
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Lehman Bros. and Bear, Stearns & Co. won the bid for Kansas City Power & Light Co.'s $12 million issue of first-mortgage bonds last week. They had planned to re-offer it at 102 (less than half a point profit) but found no buyers. The bankers finally cut the...
They finally found it-a two-story house of rust-colored brick on the border between white and Negro districts in midSt. Louis. The place was 50 years old, but it had a lawn and stood on a quiet, elm-shaded street. They made a down payment, signed a mortgage...
Whatever the reasons, private industry had not met the nation's requirements in housing. But there was at least a partial solution in a program on which Harry Truman and Bob Taft could agree. It was the Taft-Ellender-Wagner bill, calling for U.S.-aided slum clearance, federal guarantees...
His father's dabbling in real estate turned out well enough to send him to college in return for a promise to become a lawyer. At the university in Berkeley he was a steady but not brilliant student (he flunked second year Greek), was too wild to pitch on...
Morbid Ways & Mortgages. Toiling at the side of this unruffled paragon of sociological purpose, Beatrice-who could herself outwork and outlecture most social workers of the era-felt feebly feminine and small, "a mere dilettante." After hours of involved research into feudal economy, say, Beatrice would be ashamed to find...