Word: receivership
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...coral reefs to the most southerly U. S. city. Seven years, some 200 lives and $28,000,000 was the cost of building concrete viaducts across the keys, and in 1912, the year before Flagler died, his trains rumbled into Key West. In 1931 however, the road went into receivership, in 1935 the great Labor Day hurricane blew it to pieces. Last week Founder Flagler's dream was revived, as the roadbed of his railroad was reopened as a motor highway...
...company 11,050 shares of Continental Illinois Bank & Trust Co. In 1929 Continental sold as high as $1,020 a share. In 1933 a share of Continental could be bought for precisely $1,000 less; Mr. Johnson's National Life Insurance Co. was, not surprisingly, in receivership. General Robert E. Wood of Sears, Roebuck & Co., which sells about everything else, decided that this was the time to go into the life insurance business. He formed Hercules Life Insurance Co. and applied to the court for the contract to reinsure National Life's 112,000 policyholders. Along with...
...indictment, what he had apparently done was to import both dresses and mannequins, and the mannequins were told to say the dresses belonged to them; thus M. Rochas avoided the duty. Last week on the door of the pompous Rochas shop on East 6th Street was a receivership notice. Left to answer to a conspiracy indictment for smuggling was only the shop's manager, M. Guy de Font-Joyeuse, whom the mannequins call "Papa...
...eying C. & O. and its holding company, Alleghany Corp.. with the suspicion that Van Sweringen holding companies have often merited in the past, had two other explanations to offer. Said he first: "The only thing I can assume is that they want to see the Erie go into receivership and come out of it with...
...exultation. Big Abitibi Power & Paper Co. Ltd. of Canada once had 21 issues of bonds, notes and purchase-money obligations and an immense number of preferred stock issues. Between 1928 and 1930 it bought five other paper companies and went into the power business seriously. It is now in receivership. Even International, which made $5,000,000 in 1936, had to recapitalize last year so its stockholders could be paid "some dividends...