Word: mortgagees
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Dates: during 1930-1939
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Last week publicity-hating President Tew was chagrinned to find his name very much in the news. Two months ago he asked Goodrich stockholders to authorize a $45,000,000 first mortgage, of which $28,000,000 was to be raised immediately, the rest at some indefinite future date. The...
"The management of your company has asked you to authorize a $45,000,000 first mortgage and to increase immediately the company's outstanding first mortgage indebtedness. ... In the last five years following borrowings of $30,000,000 through issuance of long-term debentures Goodrich stockholders have seen losses...
Rembrandt kept spending money at top speed though he was no longer getting portrait commissions. This procedure came to its inevitable finish when in 1657, at the age of 51, he was officially declared bankrupt. Saskia's kinsmen had got in time's nick a second mortgage on...
Horrifying to most conservative bankers was a proposal to ease the rules governing national bank investments in real estate mortgages. As everyone now knows. "frozen" real estate was one of the principal causes of the Depression banking debacle. And despite the strenuous opposition of Senators Glass & Adams, the original mortgage...
As a receiver, Editor Raymond Moley was presented with a bust of himself by the management for having operated Manhattan's Hotel St. Regis for a year at a profit. Asked if the cocktail lounge were responsible for having turned the St. Regis' ledgers from red to black...