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...resulted in "serious and threatening financial difficulties," Mr. Lazarus lamented the fact that Mr. Fox holds voting control, fixed the adjective "socalled" upon the directors. To these claims Fox Attorney Samuel Untermyer declared the action was brought by "a handful of stockholders" and that the corporation was "overwhelmingly solvent...

Author: /time Magazine | Title: Business & Finance: Rescuer Brown | 1/27/1930 | See Source »

...Mason & Hamlin. And stockholders were somewhat cheered by the assurance in the receivership petition that although the company at present was "unable to meet its matured debts by reason of lack of working capital and is unable to establish adequate means to borrow money." American Piano is "still solvent...

Author: /time Magazine | Title: Business & Finance: Piano Glissando | 12/30/1929 | See Source »

...Emperor Nicholas of Russia, for at that time the Crimean Wrar was going on and it appeared extremely important that the Russians should not take Constantinople. His father, James Lever, had risen from a grocer's apprentice to a retail and finally to a wholesale grocer. The family was solvent rather than affluent and William's boyhood allowance consisted of first one and later two shillings per week. At the age of 19, he entered his father's store, where one of his first duties was the cutting up of long bars of soap. At that time, the soapmaker...

Author: /time Magazine | Title: Business: Lever Bros. | 9/16/1929 | See Source »

...face the world today are no less threatening, but their threat is veiled by an improved position throughout Europe, balanced budgets and stabilized currencies. It seems that the lesson of the post-war period has not been thoroughly learned: that confidence, and confidence along, seems to be the great solvent. With confidence and any degree of good management the government can be saved, he currency stabilized, any near-miracle worked; without confidence almost any cataclysm seems possible, despite the best efforts of statesmen...

Author: NO WRITER ATTRIBUTED | Title: THE DAWES MAZE | 5/28/1929 | See Source »

Employes of Sinclair Consolidated Oil Corp., who are solvent to the extent of $30 or more, can become Sinclair stockholders at the $30-per-share figure (Sinclair closed last week at 38). The employes' stock plan, approved at last week's annual corporation meeting, set aside 225,000 shares of common stock, 75,000 shares of which are offered during the present year. Another 75,000 will be offered next year and the final 75,000 in 1931. These future shares will be priced at 10% less than the average Stock Exchange price for the last three months...

Author: /time Magazine | Title: Business & Finance: Employes' Stock | 5/27/1929 | See Source »

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