Word: trusts
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Dates: during 1970-1979
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After studying the situation, Bickford recommended last January that Quinn initiate court action. Bickford further suggested that Quinn seek court action for an accounting of two 18th century Harvard trust funds for Indians: the Stoughton Bequest of 1701, and the Williams Trust...
Kiely never seemed to win the trust and admiration of the people in U Hall; his problem, one source says, is that "he's always thinking about where he wants to go and not about how he's going to get there...
...merger tussle is viewed as a tug-of-war, the small deficit would considerably strengthen Radcliffe's position. What pressure Radcliffe trustees feel to merge is not based on financial considerations, they say. Their trust is to preserve the interest of women's education within the Harvard system, an interest perhaps best served by merging...
...high interest; some are struggling just to survive. Banks themselves, though collecting handsome interest on loans, are being forced to borrow feverishly-from individual savers, the Federal Reserve, each other-to meet loan demand. Summing up the situation, George McKinney, senior vice president of New York's Irving Trust Co., says, "There is no question that the financial structure is stretched out. There's bound to be an adjustment, and inevitably some companies won't make...
...been high (up to an effective 18% or more), and most banks say that they are not turning away borrowers-at least, not those who have savings accounts at the bank from which they seek a loan. Still, some banks are tightening up their consumer-loan standards. In Atlanta, Trust Co. of Georgia has stopped making new revolving credit loans, the kind that enables a consumer to borrow up to a certain amount, repay part of the loan, then have the amount he has repaid become available to be borrowed again. A year ago, the bank required a car buyer...