Word: junius
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Dates: during 1940-1940
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...since nobly mellowed." His office displays what B. C. suspects are the largest and smallest checks ever written in a business transaction: $208,581,250 to George Baker's First National Bank for part of the famous James Hill railroad financing; 1? to J. P.'s son Junius for a Federal tax refund...
Last week, for the first time since 1871, the New York Stock Exchange was without a Morgan as a member. Reason: In accordance with J. P. Morgan & Co.'s changeover last February from a private bank to a public bank and trust company (TiME, Feb. 26), Junius Spencer Morgan, J. P. the younger's elder son, sold the family's last Exchange seat (purchased about 1906) to Bond Broker Saul Schwamm...
...Briggs, Frederick W. Brune, Francis W. Capper, Boughton Cobb, Robert C. Cobb, Charles R. Codman, Kenneth J. Conant, James F. Conway, T. Jefferson Coolidge, Donald C. Cottrell, Paul G. Courtney; Henry DeFord, Jr., Eben Henry McB. Parker, William A. Parker, Henry Parkman. Jr., Ronald L. Redmond, Edward Reynolds, Junius A. Richards, John Rock, H. W. Dwight Rudd, Philip H. Sherwood, David R. Sigourney, Joseph P. Spang, Jr., Henry S. Strurgis, Ernest G. Swigert, William S. Draper, Roger C. Fenn, John S. Fleek, Robert T. Gannett, Joseph Garland, James M. Graham, Reginald Gray, S. Eliot Guild, R. Cushing Hamlen, Huntington...
...England at $130 (the market), forced from Vanderbilt a seat on the directorate to guard his clients' interests, took a profit of $3,000,000 besides. Through the financial marts of the world he became known as a man whose word, like that of his father Junius, could be trusted. In bargaining he was cold, sharp and merciless but when the deal was made no signature was needed...
...freedom the twilight began to fall with the New Deal. The Banking Act divorced deposit banking from underwriting; three Morgan partners, including bland Henry S. Morgan (J. P.'s younger son), accordingly split off to form a new partnership, Morgan Stanley & Co. J. P.'s elder son, Junius Spencer, stayed on as a Morgan partner. The foreign loan busi ness was dead; its epitaph the Johnson Act which forbids U. S. sale of securities of governments defaulting to the U. S. Government. Meanwhile Morgan partners were retiring, dying; from the partnership their heirs drew millions for inheritance...