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Word: muska (lookup in dictionary) (lookup stats)
Dates: during 1950-1950
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Usage:

When an obscure Czech refugee named Frank Muska died 7½ years ago, nobody seemed to know anything about him. It soon developed that he had left safety deposit boxes in London, Boston and Manhattan containing 2,000 shares in a Swiss company called Leader, A.G. Nobody knew much about that either...

Author: /time Magazine | Title: HIGH FINANCE: The Mystery of Muska | 2/6/1950 | See Source »

...Actually, Leader, A.G. owned the whole foreign empire of Czechoslovakia's shoe king, Thomas Bata, which was left when he died in an airplane crash in 1932. Leader's entire stock consisted of the 2,000 shares, issued merely to "bearer." Since the bearer had been Muska, he technically controlled Leader...

Author: /time Magazine | Title: HIGH FINANCE: The Mystery of Muska | 2/6/1950 | See Source »

...Muska, and how did he get the stock? The mystery started to clear up when Thomas Bata Jr. (rhymes with got ya), 34-year-old son of the shoe king, and Jan Bata, a half-brother of Thomas Sr., launched a court fight in New York for control of the empire. Each claimed the 2,000 shares, and demanded, as a starter, an 826-share block which Muska had deposited in a Manhattan bank...

Author: /time Magazine | Title: HIGH FINANCE: The Mystery of Muska | 2/6/1950 | See Source »

...Dummy. Switzerland's Leader, A.G. had been formed by Bata Sr. in 1931, said Justice Schreiber, for the "admitted purpose of concealing his own ownership of Bata companies and assets outside Czechoslovakia" to evade income taxes. To conceal his own ownership, he had turned the shares over to Muska, lifelong friend and trusted aide...

Author: /time Magazine | Title: HIGH FINANCE: The Mystery of Muska | 2/6/1950 | See Source »

...help of Thomas Jr., until 1939. Then, just before the Nazis took over Czechoslovakia, both fled the country. Thomas went to Canada, where he started a huge new Bata factory at "Batawa" near Frankford, Ont.; Jan came to the U.S., where he started a factory at Belcamp, Md. Muska had also fled, taking the Leader shares with him, but telling neither Jan nor Thomas about them. Not until 1942 did Muska privately reveal the existence of the shares. By that time, Jan had been blacklisted by the U.S. and Britain for playing footie with the Nazis and had fled...

Author: /time Magazine | Title: HIGH FINANCE: The Mystery of Muska | 2/6/1950 | See Source »

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