Word: seligmans
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Anglo & London Paris National dates back to 1909 when it was formed as a merger of two powerful banks. One of these was Anglo-California Bank, Ltd., founded in 1873 by J. & W. Seligman & Co., a year after Ogden Livingston Mills's grandfather had converted his private bank in Sacramento to proudly-named "National Gold Bank of D. O. Mills & Co." The other was London, Paris & American Bank, Ltd., formed in 1884 by Lazard Freres to take over their private banking business in San Francisco. The year when these two banks merged the new Anglo-California Trust Co., Mortimer...
...Senate Committee investigating foreign loans heard that Juan Leguia, fat son of ousted President Leguia of Peru. was paid a $415,000 commission by J. & W. Seligman & Co. for helping promote $100,000,000 worth of bond issues to his country. (All of Peru's bonds are now in default.) According to the testimony young Leguia "lived at the rate of at least $250,000 or $300,000 a year for several years...
...bonds have to do with bank failures? The Senate Finance Committee prepared answer these questions by summoning ranking officers of the following big banking houses: J. P. Morgan & Co.; Kuh Loeb & Co.; National City Bank of Ne York; Chase National Bank; Guaranty Trust Co.; Dillon, Read & Co.; J. & A Seligman & Co.; Equitable Trust Co. Lee, Higginson & Co.; Chase Han Forbes Corp...
...would buy the Winchester business & plants (valued last year at $30,000,000) for $3.000,000 cash, $4,800,000 in preferred stock, $300,000 towards paying receivership expenses. Last week the Winchester reorganization committee consisting of Earle Bailie, president of Tri-Continental Corp. and partner of J. & W. Seligman & Co., and Medley G. B. Whelpley, president of American Express Bank & Trust Co., approved the offer. The plan then awaited the approval of the Federal receiver. When the deal is completed owners of Winchester first mortgage bonds will receive $50 cash and $28 par value Western Cartridge preferred stock...
Columbia University has a McVickar Professorship of Political Economy, founded in 1904, which is as celebrated as many an older endowed chair. Its only occupant until he retired at 70 last June was Professor Edwin Robert Anderson Seligman, famed international economist. To the McVickar Professorship was last week appointed Dr. Robert Murray Haig, 44, professor of business administration at Columbia since 1916. Like his venerable predecessor, he is a tax-expert, an adviser to governments and states. The Federal Government, Canada, Porto Rico, New Mexico, have sought his aid. New York's Governor Franklin Delano Roosevelt appointed Dr. Haig...