Word: trusts
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Dates: during 1920-1929
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...wanted them. Further, he would buy the company's real estate holdings, appraised neutrally and highly at $16,000,000, paying at once in cash and Liberty bonds $4,000,000 and paying off the remaining $12,000,000 over a term of years by a trust deed, without personal liability. Thus the company would reduce its capital liabilities by 5 millions, would get 4 millions in cash and a credit of 12 millions. Mr. Rosenwald would own the real estate; the company would have a tenure of at least 20 years, paying in rent 7% on only...
...veteran Ambassador to France, where another? Henry White?was then. Frank W. Mondell, who clashed with Roosevelt, is no longer Chairman of the House Committee on Public Lands, but is Director of the War Finance Corporation. Frank Kellogg is no longer one of Mr. Roosevelt's trust-busting lawyers. The young Congressman from Cincinnati, who came up to the White House and took away Roosevelt's elder daughter, is now Speaker of the House. And the great figures of the Senate?most of them have gone to their graves: Hanna, Penrose, Aidrich, Hale, Platt. How deeply the bitterness of some...
Dubliners waited impatiently before the portals of a new and impressive structure one morning last week Presently the Irish Industrial Trust Co. opened its doors, and excited clients rushed in to avail themselves of the services of the first trust company to be organized in the Irish Free State...
Further he imputed sinister connections between the Van Sweringens and their bankers, J. P. Morgan & Co., the Union Trust Co. of Cleveland, and the First National Bank in Manhattan; estimated huge personal profits for the brothers...
...Aluminum Company of America has been guilty of contempt of court. In the rugged, trust busting days of 1912, a United States district court ordered the company to cease monopolistic practices. In 1924, the Federal Trade Commission brought in a report which cited well-founded evidence to prove the Aluminum trust had violated the court order in 1922. But the Statute of Limitations, which provides that contempt proceedings can not be instituted more than a year after the violation of the court decree, nullified the work of the Commission. So the Department of Justice was forced to continue the investigation...