Word: sharing
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Dates: during 1920-1929
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...declared: "The people have found a great hope, and that hope is in the Progressive movement. We have enlisted in the campaign to restore this Government to the service of the public, to secure to the laborer and producer in all lines a greater share of the product of his toll, while protecting the consumer against the trust-fixed prices on all he buys, and to drive out of the Government influences now so dominant there...
...Superintendent of a coal company and a member of its Board of Directors. He had received $7,000 in salary and $3,500 as a yearly bonus, as well as directors' fees. The coal company had no regular system of paying pensions. It had a large surplus. The Directors' shares were sold, and the Board of Directors made a "gratuitous appropriation," equal to $3.00 a share, which was divided among various retiring employes. One of these was Mr. Parrott, who received $35,000. Mr. Parrott reported this sum as a gift and therefore not taxable. The coal company reported...
Suddenly, however, there appeared one Maurice I. Klein, a Newark physician, owner of a 25-share lot of Wilson stock; he demanded that an equity receiver for the Company be appointed. Before the receivership can become permanent, however, a hearing must be held. In all probability, President Thomas E. Wilson will have much to say at this meeting. He has announced that he will contest the proposed receivership...
...attack was unexpected. A friendly receivership, to be followed by a reorganization, was expected in Wall Street, although denied by the committees working on the matter. This expected development will be greatly complicated by the action of the obscure 25-share partner in the business. At recent market prices, Dr. Klein's stock is worth about $100; yet his claim for a receivership involves assets valued at $120,000,000. This apparent step toward throwing a monkey-wrench into the Company's machinery should provoke a lively tilt in the Courts when the question of a permanent receivership...
...discussion. The New York financial centre will be looked to for about $100,000,000 to finance the German part of the plan, but that amount of bonds has long since ceased to be considered a particularly large operation in Wall Street. Financial men privately state that the American share of the bonds has been practically underwritten already. The question of how readily the underwriting syndicate will be able to sell them to the American public, however, remains to be seen. For this reason the terms of the loan are awaited with great interest. An attractive offering is generally anticipated...