Word: payments
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Dates: during 1920-1929
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...resources of the Dollars and their friends, so put in a bid in larger figures but less cash?$1,350,000 per boat, about one-fifth in cash and the balance in 7% preferred stock in a holding company to be organized. They later offered to increase the cash payment to $1,500,000, proposed that the Government accept bonds at 4˝ for the balance. Their main object was to prevent sale to Captain Dollar and son. They pointed out that they had been running these boats without loss to the Government?in fact with an operating profit of about...
...14th Amendment of the U. S. Constitution, Sec. iv, says: "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection and rebellion, shall not be questioned. But neither the United States nor any state shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void." - The House of Lords...
...Dodge brothers (John, who skippered yachts; Horace, who played the violin and the organ) died almost simultaneously, and the great Dodge Brothers Automobile Co. was inherited by their widows. The latter awaited a favorable opportunity to sell it. They insisted on payment in cash. General Motors, through J. P. Morgan & Co., offered $124,650,000 worth of that commodity. But a banking syndicate headed by Dillon, Read & Co. of Manhattan offered $146,000,000 and the widows promptly accepted. The transaction is said to be the largest single cash transfer of an industrial concern in the history...
...that the Princeton policies mature in 20 years while those at the University will fall due in 25 years. At Princeton, in addition to the policies a sinking fund is solicited. This is an out growth of previous experience which indicates that it is advisable to provide for the payment of annual premiums which are lapsed or delayed. "The sinking fund," the New York times explains, "is being sought among graduating students who have larger sums of cash on hand...
...Final payments on the Senior Album are due tomorrow. Men who signed up for the partial payment plan at the $9 rate and who do not complete their payments by tomorrow night will be subject to the $10 rate. Checks made out to the 1925 Senior Album Committee, should be mailed to the committee at the Crimson Building today...