Word: payments
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...Cheyenne, the Government's civil suit to cancel the lease of the Teapot Dome Naval Oil Reserve to Harry F. Sinclair (TIME, Mar. 23) wound to an ineffectual close. The Government charged conspiracy and attempted to connect up the lease with payment of alleged bribes to ex-Secretary of the Interior Fall. A payment of $25,000 in Liberty Bonds in 1923. after Mr. Fall had resigned from office and was in Mr. Sinclair's employ, was established. But the defense argued that this was a legitimate loan and had nothing to do with the Teapot Lease...
...that were the case, tax should have been paid by the minority stockholders not on $3,600 a share (the difference between $8,900 and $12,500) but on $10,000 a share (the difference between $2,500 and $12,500). That being the case, the minority stockholders escaped payment of about $35,000,000; and Mr. Couzens, the largest of the group, nearly...
...June 1, the $48,000,000 of the 4% bonds of the Chicago, Milwaukee & St. Paul R. R. mature and are due for payment. The St. Paul cannot hope to refund this issue by going direct to its shippers as the New Haven has recently done, and must therefore look to its bankers- Kuhn, Loeb & Co. and the National City Bank. Whether the road is due for a receivership this spring is unknown in financial circles. But the drastic decline in St. Paul stocks and junior bonds indicates Wall Street's opinion that all is not well with...
...Insurance Company, which is handling the Senior class fund endowment insurance, offering the opportunity of paying the total of the premiums in a lump sum at the outset. This plan, which is designed to save the trouble of paying premiums throughout a period of 25 years, calls for a payment of about $130 for every $250 in the face value of the policy. When this policy matures in 1950, it will represent the original $130 with about four per cent interest. The payment of the premiums in a lump sum effects a saving of about $95 over payment in annual...
...period of 25 years. We take all the responsibility of collecting the premiums every year from each member of the class of 1925 for the fund in 25 years will mature in an endowment of $150,000, if enough policies are taken out. In the case of lapses of payment of premiums, we will make every effort to collect the money ourselves, but in case of continued non-payment we will communicate with the class treasurer for advice and suggestions on the matter...