Word: solvent
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Dates: during 1940-1949
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...gave a kindly old man known as the Regent a list of the people who would be responsible for bad debts if your group went broke. You could hold meetings anywhere, publish and distribute anything you wanted, have Radcliffe girls as members, just so long as you stayed solvent and obeyed the laws of the City of Cambridge, the Commonwealth of Massachusetts, and the Federal Government of the United States...
...Council also tabled a motion to recodify the rules which a new club must pass in order to be officially recognized. Under present rulings, a new group must only submit a constitution and prove that it is financially solvent...
...choice is not therefore between 'accepting American dictation' and the continuance of an independent British line. It is between taking the steps necessary to make the British economy solvent now, with America's active cooperation, or taking them in six months' time in the middle of economic disaster and with America perhaps contributing no more than a melancholy 'I told...
...These racketeers and their successors plagued the industry for years. In 1927, after a disastrous strike called by the Communists, the International was left with only 32,000 members and $1,500,000 in debts. Dubinsky had become head of his local, and his was the only one solvent...
Chemical drums exploded like cannon and the fire spread to other trucks; soon tons of meat, eggs, gasoline, cleaning solvent and rags were flaming. River-hemmed Manhattan, which must pump its lifeblood of traffic through overtaxed and distended arteries, reacted like a great organism with a crippling blood clot. As the tunnel's twin tubes were closed, streams of traffic stagnated and honked around its approaches. Electrical cables in the tunnel burned through and the big city's communications began to fail-some radio programs were cut off, Teletypes stopped, 50% of New York's south...