Word: powerman
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Dates: during 1930-1939
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This simple formula for peace on the Potomac was devised by no long-headed powerman but an Army engineer serving as assistant to the District of Columbia's Engineering Commissioner. Head of his class (1911) at West Point, Major William E. R. Covell based his plan on somewhat similar experiments in sliding-scale returns made as far back as 1876 by Britain's London Gas Light & Coke...
Bond & Mortgage Receivership. As long ago as September 1929, American Bond & Mortgage Co., Inc. was in trouble and Chicago Title & Trust Co. was endeavoring to extricate it. Last week hope for a reorganization was abandoned. On the application of Harley T. Clarke, powerman, a "friendly" receiver was appointed. American Bond & Mortgage financed apartments, hotels and office buildings, usually kept the common stock of these buildings. Its financing of Washington's big Mayflower Hotel (in which Halsey, Stuart & Co. participated) was under Congressional discussion. Last week five Mayflower bondholders, with Mabel Walker Willebrandt as attorney, obtained a receiver...