Word: receivershipped
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...world. Its busi ness: altars, communion railings, statuary, all other marble church accessories. Among its clients were the Vatican, St. Patrick's in New York, St. Paul's Cathedral, St. Paul, Minn., St. Louis Cathedral, St. Louis, Mo. But last week McBride's went into receivership. Explained Presi dent Paul Henry McBride: "People are putting 25 cents into the plate instead...
...indictments charged that on March 31, 1928, the day that Mr. Caldwell and Col. Lea bought the Knoxville Journal (now in receivership [TIME, Dec. 22]), Banker Ramsey, aided and abetted by his two friends both of whom were large stockholders in the bank, wilfully misapplied $98,000 to the joint Caldwell-Lea account. In addition to this charge of violating the Federal banking law, the indictments further claimed that the three friends had conspired to violate Federal banking law by hiding the bank's condition...
...boasts the best financial, society and art pages in Chicago but is conservative to the point of impotence in local controversies. Last week bald, tight-lipped John Charles Shaffer, 77, publisher of the Post for 30 years and of the Indiana Star group, let the Post go into receivership, apparently to become a mouthpiece for loud-yawping Mayor William Hale Thompson. The Post had lost money consistently, recently as much as $75,000 a year. Receivers were George Fulmer Getz, millionaire coal dealer, and his partner Charles Fitzmorris, onetime police chief, onetime secretary to Mayor Thompson...
...small man said unit operation would give Standard Oil of California a monopoly. Phrase. To scraggle-whiskered Governor William Henry ("Alfalfa Bill") Murray of Oklahoma the oil industry was indebted last week for a new name, editorial writers for a new phrase-"an example of occupational selfishness." Richfield Receivership. Concrete evidence of the industry's troubles was the passing of Richfield Oil Co. of California into receivership last week. The action came as no great surprise, since for many a month Richfield has frantically fought. to avert the inevitable result of big debts, no cash. Oilmen knew that Sinclair...
...Banker-promoter Rogers Clark Caldwell (TIME, Dec. 22). In Nashville last week the court ordered a receiver in the first and more important of the suits-in which Minnesota & Ontario Paper Co. seeks to recover on its purchase of $1,500,000 Southern Publishers bonds. But it refused the receivership against Tennessee Publishing Co., "a going concern whose assets are conceded . . . to be greater than its liabilities." Straightway Col. Lea brought a $500,000 damage suit against M. & O. Paper Co., which had charged mismanagement, dissipation of assets...