Word: trusts
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Dates: during 1920-1929
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...explain to me how to get along with the English! I have met a lot of unsolicited advice about that, but I resent advice about how to get along with the English. ... I have got something to say! What we want is a pact of complete friendship and trust [between Britain and the U. S.]. That is what I am trying to bring about...
...doors, came rumors that the whole banking structure of the State was on the point of collapse. Many a nervous depositor rushed to his bank, clamored for his money, brought on the very disaster that he feared. The bank failure climax came last week when Citizen's Bank & Trust Co. of Tampa closed its doors and carried down with it nine subsidiary banks. Between fruit flies, bad notes and wild rumors, a wholesale panic appeared imminent...
...apartment dwellers who grumble monthly at the amount of their rent bills, might well take comfort from a consideration of the rent which Commercial National Bank & Trust Co. of New York will soon be paying. Last week this bank contracted to pay rent of almost $500,000 a year for 42 years. Its landlord will be unique Henry L. Doherty; its premises, the first five floors at No. 60 Wall Street (Cities Service Co. building, now being remodeled). Commercial National has signed a 21-year lease with an option for a 21-year renewal. During a prospective 42-year occupancy...
...automobile world with the sale of his entire Willys-Overland holdings (some 800,000 shares of common). Nor did any one individual take his place. Purchasers were a combination of Chicago and Toledo interests. The Chicago interest was Field, Glore & Co., acting for Chicago Corp., the Midwest investment trust organized last winter (TIME, Feb. 25). Election of Charles F. Glore and Marshall Field III to the Willys-Overland directorate will be one immediate result of the transaction. The Toledo purchasers were headed by George M. Jones, wealthy head of Toledo's Ohio Savings Bank and Trust Co. Also included...
Many a Manhattanite last week began to think that putting savings in a sock was perhaps not such a foolish idea. Just as state officials were making a final report on last February's City Trust Co. failure (TIME, Feb. 25), their statements shared headlines with first investigation of Clarke Bros., another Manhattan banking firm which last fortnight closed its doors. First reports put the Clarke failure at $4,000,000, gave depositors hope of getting 25 cents on the dollar. Later it seemed likely that the failure was for $5,000,000. that 5 cents on the dollar...