Word: partner
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Dates: during 1920-1929
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Present was Thomas W. Lament, partner of Mr. Morgan, and designated as his alternate. Absent was Thomas Nelson Perkins, designated by Mr. Young as his alternate. In significance and setting, the scene may be likened to an audience with Cesare Borgia or Lorenzo the Magnificent. Unfortunately for the dramatic effect no one was poisoned...
...nitrate in the seams and lapels of garments which, when cleaned, exploded. Then the main racket organization found itself with another war?this time with a prominent dyer and cleaner whom the association had forced out of business. This cleaner, one Morris Becker, opened up again with a new partner. The partner was famed Alphonse ("Scarface Al") Capone, expert in bootlegging and other rackets. Partner Capone has many good friends in Cicero, lawless Chicago suburb; no one was going to beat him, to bomb his place of business. The association did, however, try peaceful measures, inaugurated a price-cutting...
...security. It seemed likely that whoever was elected president of this, would inherit the responsibilities, if not necessarily the talents, of Tex Richard. A much discussed candidate was Vice President William F. Carey, Wall Street contracting engineer, builder of the new Manhattan and Boston Madison Square Gardens, onetime Rickard Partner in Paraguayan cattle-ranchholdings. Jack Dempsey refused to consider it officially; before any announcement had been made by the Garden Corporation, William F. Carey entrained with Prizefighter Dempsey for Boston and persuaded Jack Sharkey, who had lapsed into his habitual recalcitrance, to sign papers for the Stribling fight. Then Dempsey...
...undivided profits nil, its deposits nil. Six months later capital was $2,000,000, deposits more than $1,000,000. Thereafter (the corporate name was changed to Guaranty Trust Co. in 1895) growth was sedate, based on insurance policy loans and railroads trusteeships. That is, until Morgan Partner Davison took hold in 1909. He increased capitalization to $5,000,000, absorbed four small banks, attracted great accounts. Next year the bank paid a 32% dividend to stockholders, the year after 40%, the third year 38%. The 1927 rate was 16% on the vastly increased capitalization...
...Morgan & Co.: Henry Pomeroy Davison, 30, son of the late Morgan-Partner H. P. Davison; Thomas Stillwell Lament, 29, son of Morgan-Partner T. W. Lamont; Henry Sturgis Morgan, 28, younger son of John Pierpont Morgan, head of the house; setting a precedent, in the cases of Davison and Lamont, for sons-of-partners to become partners; Thomas Newhall and Edward Hopkinson, partners in the affiliated Drexel & Co. (Philadelphia), to be both Drexel-partners and Morgan-partners; bringing the total number of partners...