Word: trusts
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Dates: during 1950-1959
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During the two-year search, Lefty and The Rabbit were kept at public expense in a $40-weekly suite in Brooklyn's topflight St. George Hotel. Why weren't they held in jail or sent to prison for stealing the revolvers? Because New York authorities do not trust their ability to keep order in their own penal institutions. They were afraid that Lefty and The Rabbit would be killed by a friend or hireling of Mazziotta's. Many times known murderers have gone free because the witnesses against them were murdered...
...each one and ran the photos in the local papers. Every person circled could collect a prize of one share of common stock in a West Coast company. At the San Francisco Stock Exchange one day last week, the second lucky winner appeared to get her share of American Trust Co., worth $34.25. The winner: Mrs. Virginia Pennoyer Livermore, great granddaughter of J. P. Morgan...
...stink began to rise three months ago when a Korean confidence man named Masutomi Ito was arrested for bilking thousands of small investors of some $3,000,000 in an investment-trust racket. Swindler Ito spent part of his plunder on such delicacies as broiled eels in Tokyo and an expensive mistress in Kyoto. He admitted that he had continued to solicit funds even after his investment company had gone bankrupt, blandly told police: "If this constitutes fraud, I'm afraid there's nothing I can do about...
...Leland, 50, was named president of the Long-Bell Lumber Co., third biggest U.S. producer of lumber. A suave, silver-haired financial expert, Leland graduated from Harvard Business School in 1927, was a member of the Boston Stock Exchange until 1941, when he became assistant treasurer of the Brookline Trust Co. He joined Long-Bell in 1946 as assistant to the vice president. He replaces retiring President Julian M. White, who will remain active on the board...
...University has a special contract with the Trust Co., which keeps Harvard's securities in its vaults as well as collecting dividends and clipping coupons for the busy Treasurer. The latter job, by the way, undoubtedly involves countless man-hours, for the current market value of the school's bond portfolio approximates...