Word: receivershipped
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Twice Mr. McClure was reported to have refused $1,000,000 for the magazine. But fortune changed. McClure's went into a receivership. Mr. McClure sold it in 1911 and set out to see the world, "to take a post graduate course in the universe...
...country. The work of the other committee is to consider the means of balancing Germany's budget and of stabilizing her currency. Unfortunately this fact touches the outskirts of the problem. The German nation, to all intents and purposes, is in a state of bankruptcy. The proposed plan of receivership can accomplish little as long as the Ruhr, the great factory center of the whole nation, is sewed up in the hands of the French, and every bit of capital which the weak German government can tax out of its people must be handed over to France for reparations...
...contest (TIME, July 16) between a bank creditors' committee and the group headed by T. H. Tracy to secure the 739,866 shares of Willys-Overland common stock placed on sale through the receivership proceedings over the Willys Holding Company, has resulted in a victory for Mr. Tracy. His bid of $3,500,000 for the shares was accepted by Judge Knox, of the Federal District Court, largely because of clauses to the purchase which should protect other interested parties, such as the preferred stockholders and the Willys Holding Company...
When the Willys Corporation went into a receivership, it owned 739,866 shares of the Willys-Overland Company-about a third of the voting issue of that concern. Two factions are bidding $3,000,000 for the stock, and the one that obtains it will control. One faction is headed by Thomas H. Tracy, and the other by Henry L. Thompson, Chairman of the Board of Directors. President John N. Willys, until recently neutral in the contest, has now swung over to the Tracy party...
...December 1919 2,000,000 people were threatened with cold and hunger by a strike of the coal miners. The Governor went to a justice of the Supreme Court to seek an injunction granting the state a receivership of the mines. He obtained it. He then pleaded with the 15,000 miners to go back to work in spite of the union leaders, but only one man came over. He turned to the people of the State to operate the mines and 11,000 immediately volunteered. He chose his crew very carefully, giving preference to ex-army...