Word: underwritten
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Dates: during 1920-1929
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Aviation Corp., nominally a $200,000,000 holding and development company underwritten by Lehman Bros, and W. A. Harriman & Co., Inc. They will at first offer only $40,000,000 of stock to buy substantial interests in all branches of aviation (plane manufacture, motors, accessories, transport). William Averell Harriman is chairman of the directorate, Robert Lehman chairman of the executive committee...
Five million dollars of the money extracted by John D. Rockefeller from Pennsylvania's oil-bearing substrata were last week applied to perpetuate the surface grandeur of 600 square miles of the Appalachian chain far south of Pennsylvania. The Laura Spelman Rockefeller Memorial fund announced that it had underwritten half of the $10,000,000 fund sought for the Great Smoky Mountains National park. Public subscription and the legislatures of North Carolina and Tennessee had provided most of the other $5,000,000 required to buy what will be the outstanding national park in the eastern...
...first of the vulgar but munificent Mr. Eisman, then of the wan but even more wealthy Henry Spoffard. Dorothy Shaw, the hard-boiled bantam brunette who assists the capricious avarice of Lorelei, is neatly played by Alice White. It would have seemed not incredible had their jaunt to Paris, underwritten by Mr. Eisman to further the already astonishingly complete education of his two protegés, resulted in the complete rehabilitation of the French franc...
Regarding bonds against other properties underwritten by the company, Receiver Lawrence Berenson said: "The intrinsic value of the bonds was not changed by the receivership and that the rights of the bondholders in the properties securing their bonds were the same as heretofore...
...Franklin of the International Mercantile Marine Co. in London, where last week he was shrewdly consummating the $35,000,000 sale of half his fleet to British operators, caused concern to U. S. shippers. They felt that this sale- of the British-registered but U. S. operated and underwritten White Star line's 500,000 gross tonnage- meant further disintegration of the U.S. merchant marine. It may be that President Franklin will use the sales proceeds to wipe out an International Mercantile Marine indebtedness of almost like amount or, and more probably, to buy up certain U. S. Shipping...