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Word: receivership (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

...Guild-en bowed out in favor of 42-year-old Paul P. Johnson, who had been hired as general manager. But Waltham needed more than new blood; it also needed new money, and it already owed Boston banks $4,000,000. Unable to get the cash, it went into receivership...

Author: /time Magazine | Title: CORPORATIONS: New Spring for Waltham? | 1/17/1949 | See Source »

...invited voters to send him all their personal complaints. He hammered away at inflation, proposed a "voluntary" price-control plan. Governor Shannon still figured to win. Chester Bowles's ambition was to pile up a vote impressive enough to give him a share in taking over the receivership of the Democratic Party...

Author: /time Magazine | Title: National Affairs: Getting Warmer | 10/18/1948 | See Source »

Tuckered Tucker. Though Preston Tucker said he had made only 28 cars, he still had $8,446,206 in current assets (against $2,237,402 current liabilities), he told a U.S. district court in Chicago, in a stockholder's suit for receivership. But the biggest listed asset turned out to be $3,649,770 in promissory notes which Tucker dealers had signed to buy franchises. He listed only $1,888,749 in cash and Government bonds left, out of the approximate $20 million he had raised on stock and franchises...

Author: /time Magazine | Title: STATE OF BUSINESS: Facts & Figures, Oct. 11, 1948 | 10/11/1948 | See Source »

...four war years the railroads earned, according to Franklin Roosevelt, "the gratitude and admiration of the entire American people." They also earned a fat $2,893,000,000 profit that hauled many a road out of receivership and is now paying for its postwar re-equipment program. If Tom Clark won his suit, many a road would be threatened with bankruptcy...

Author: /time Magazine | Title: RAILROADS: Refunds? | 9/13/1948 | See Source »

...Bluff, Calif., a crowd hurried to the United States Brewing Corp. plant with pitchers and jugs. Because the company was in receivership, a federal judge had ordered 124,000 gallons of beer drained off into the Sacramento River...

Author: /time Magazine | Title: MANNERS & MORALS: Americana, Sep. 6, 1948 | 9/6/1948 | See Source »

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