Word: receiverships
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...physically and financially, called him in 1919. Again he did a good job. A few years ago the road was running practically without him. But lately Chairman Brown has been back at his Frisco desk, hard at work. Last week he had the reward of seeing Frisco saved from receivership. The plan he had devised and put through may make history for other railroads...
National Electric Power. Into receivership last week went National Electric Power Co., big Eastern subsidiary of Middle West Utilities Co., onetime Samuel Insull property. A similar action was taken with National Public Service Corp., a subsidiary. On its last balance sheet National Electric showed $600,000,000 in assets. Direct cause of the receivership was failure of Manhattan banks to renew $30,000,000 in loans after reviewing a study of the company prepared over the past six weeks by Stone & Webster...
...ride. In 1929 there were 196 million passengers. The result of 1931's operations was a loss of $1,298,000 after bond interest. Last week no dissenting voices were heard when the company, which has not yet paid its 1930 taxes of $1,812,000, was petitioned into receivership...
...single cylinder motor to the 4-cyl., 32-h.p., 116-Ib. Johnson Sea Horse. During the last two years motorboat sales have dropped badly. Last week it was no surprise when the smooth drone of Johnson Motor Co.'s affairs was broken, the firm sputtered, coughed, lapsed into receivership...
...Founder Fox to open his private books hopes eventually to obtain $5,000,000. Prominent among the "divers acts" cited was forcing brokers to hand over a $441,000 share of an underwriting fee to his daughter Caroline Leah Taussig. Immediately upon filing the suit, Fox Theatres went into receivership...