Word: mortgagees
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Dates: during 1930-1939
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*The Treasury has no power to suspend mortgage foreclosures by solvent national banks.
A joy to megalomaniacs are the thumping big round numbers of U. S. business. Biggest and roundest of all are life insurance numbers. Insurance men delight in rolling off the $108,800,000,000 of insurance in force, the industry's total resources of $21,000,000,000. That...
Other steps taken by Mr. Hopson to pull himself out of his fix: 1) as with Staten Island Edison, offering to exchange new bonds for those falling due; 2) borrowing $3.500,000 last week from a group headed by Chase Harris Forbes and Halsey, Stuart & Co. to pay off holders...
Commonwealth Edison. When Samuel Insull retired from the chair of his three biggest operating companies, he left them with $65,000,000 of notes maturing this summer (TIME, June 13). One of the first moves of his successor, Chicago's hard-working James Simpson, was to arrange bank loans...
1923 she formed a trust bearing her name to consolidate, operate and develop some of her real estate properties which as late as 1931 were valued at $12,000,000. They consisted chiefly of office buildings in the business district, subdivisions at Highland Park Highlands, Edithton (named for her) Beach...