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Word: receivership (lookup in dictionary) (lookup stats)
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...County's unpaid 1928-30 taxes. It was quite evident that, with the County in technical default for $1,868,400 due last June, investors would be slow indeed to buy any more of Mayor Cermak's tax anticipation warrants. Last week speculation as to a possible receivership for Chicago grew louder & louder...

Author: /time Magazine | Title: STATES & CITIES: Again, Chicago | 1/11/1932 | See Source »

...States. In Canada its system serves 250,100 people in three Provinces. Its gross revenues have been running at the rate of $26,000,000 per year with $2.800,000 left for the common stock. But last week Commonwealths, with $200,000,000 in assets, went into receivership...

Author: /time Magazine | Title: Business: Crumbled Commonwealths | 1/11/1932 | See Source »

Immediate cause for the receivership . was a $3,000,000 short-term loan maturing Jan. 2. Holders of the note Were Dillon. Read & Co. and U. S. & International Securities Corp., the Dillon, Read investment trust...

Author: /time Magazine | Title: Business: Crumbled Commonwealths | 1/11/1932 | See Source »

Clifton, Paterson and Passaic, N. J. have not paid their share of taxes to County and State. North Bergen, N. J. was utterly insolvent with a receivership in prospect if the State would pass an enabling...

Author: /time Magazine | Title: STATES & CITIES: Debts & Delinquencies | 12/28/1931 | See Source »

...carriers, New York Central Railroad Co., found itself in urgent need of cash, applied to I. C. C. for permission to sell $100,000,000 of 5% bonds to mature in the distant year of 2013 and to be callable 5% above par in 1951. Never in receivership or reorganized in its 100 years of operation. New York Central faced a grave difficulty. Next month matures a large part of its $51,500,000 short-term loans and bank debts which it cannot meet with cash on hand. The road did not ask for permission to sell bonds now, just...

Author: /time Magazine | Title: Business & Finance: Wabash Blues | 12/14/1931 | See Source »

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