Word: receivershipped
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...onetime (1906-18) Interstate Commerce Commission James S. Harlan; brother of Educator Richard Davenport Harlan ("the George Washington University Movement") ; father of the present Assistant U. S. District Attorney for Southern New York John Marshall Harlan (TIME, May 31). Twenty years ago, Chicago surface lines, well plundered, were in receivership. Lawyer John Maynard Harlan represented, the. court, then...
...Miller & Co. Inc., middleman for real estate mortgages, went into involuntary receivership at Manhattan last week. It has accepted mortgages against 150 structures in 58 cities and 16 states, and sold bonds against such mortgages to 25,000 customers...
Regarding bonds against other properties underwritten by the company, Receiver Lawrence Berenson said: "The intrinsic value of the bonds was not changed by the receivership and that the rights of the bondholders in the properties securing their bonds were the same as heretofore...
...institutions. Therefore when the Umatilla (Fla.) Bank discovered that some of its $441,500 deposits in the Bankers' Trust Co. were going to cover the closures of the Bank of Dania (TIME, July 12) and of others in similar predicament, the Umatilla officials applied for, and obtained, a receivership against the Bankers' Trust Co. Immediately the scores of banks too dependent upon the Bankers' Trust Co. had to close. The Umatilla Bank itself could not keep open...
Boca Raton. Thomas Coleman du Pont, Jesse Livermore and a few others equally as prominent recently resigned from the directorate of Architect Addison Mizner's 16,000-acre, $40,000,000 project here. Lot buyers owed $21,000,000. Creditors have sought to force a receivership...