Word: receiverships
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Dates: during 1920-1929
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...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...
...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...
...younger Vanderbilt was forced to asknowledge publicly that he was in financial difficulties and to call for aid-$300,000-to keep his three papers running. Soon afterwards his San Francisco paper, the Illustrated Herald, suspended publication, and his Los Angeles paper, the Illustrated News, went into receivership. Last week his Miami paper, the Illustrated Tab, failed to appear. The owner of its offices had taken legal measures to oust it for failure to pay rent. The same day that word of the suspension came to the press, a despatch from Paris announced that General Pershing, arriving in France...
...investigation is peripatetic. The members have been sitting in Manhattan, where they, these past three weeks, have been quizzing such notables as Percy A. Rockefeller (TIME, April 19) and John D. Ryan, seeking to learn the causes which enforced the receivership. So far the most curious, though perhaps not the most important point disclosed, is that Rockefeller and Ryan both like free railroad passes. Soon the hearings will move to Chicago, and later to the Pacific coast...