Word: offered
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Dates: during 1930-1939
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...Camden story displeased aging Vice President & Treasurer Philip Sheridan Collins. "There's absolutely nothing to it!" he snorted. "We never made them an offer and wouldn't be able to use their building. It's not suited to manufacture...
...latest move in the simplification program is to lump the same Hearst Consolidated properties, with one exception-the profitable New York Evening Journal-in a wholly-owned subsidiary called Hearst Publications, Inc., which now proposes to offer $22,500,000 worth of bonds to the public. Nearly all the proceeds will be used to pay off bank loans and refund old bond issues, many carrying William Randolph Hearst's personal guarantee...
From his ten-room apartment atop Philadelphia's Temple University Hospital last winter Henry Latham Doherty dispatched an offer to settle a stockholders' suit. To his Cities Service Co. he would donate $1,250,000, pay the opposing attorneys' fee, but under no conditions admit "any remissness" (TIME, Feb. 15). Mr. Doherty thereby concocted a formula which other rich men, suspected of remissness by their past or present stockholders, could readily adapt to their own needs. Last week Albert Henry Wiggin, boomtime head of Chase National Bank, offered $2,000,000 to settle stockholders' actions brought...
...Wiggin's current offer was made in connection with two other offers of $250,000 each from the estates of Charles Hayden and Lewis Cass Ledyard Jr., both of whom were Chase directors and defendants in the stockholders' action. The suit, said Mr. Wiggin, was hampering proper administration of the two estates, and their offers were not to be construed as a posthumous confession of remissness. While flatly denying the validity of the charges, Mr. Wiggin declared: "In view of the fact that I was the senior executive officer charged with the management of the affairs of both...
...sooner had Mr. Wiggin molded the Doherty formula to his personal problem than Standard Gas & Electric Corp. reported an offer of $1,000,000 in settlement of suits against it which had never been filed, only threatened. Charging waste, misapplication and misappropriation of assets, a group of minority stockholders in Standard Gas were ready to ask $100,000,000 from the directors and various controlling interests, including H. M. Byllesby & Co. and U. S. Electric Power Corp. Reason advanced for quick settlement was that it would speed the reorganization of Standard Gas & Electric, now in famed Section...