Word: strickened
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While Congress continued to mumble & bumble over farm relief plans which cannot pass this session, big life insurance companies of the East last week held out helping hands to the debt-stricken West. From its headquarters at Newark, N. J. the largest single farm land creditor in the U. S., Prudential Insurance Co., announced it was suspending for an indefinite period foreclosures on its $209,000,000 worth of mortgages on 37,000 farms in the U. S. and Canada. Mutual Benefit Life Insurance Co. (Newark) followed suit by declaring it had ordered its Iowa agents to cease trying...
David Oliver Selznick, executive vice president in charge of stricken Radio~Keith-Orpheum's film production, resigned after prolonged wrangling with President Benjamin Bertram Kahane of the producing subsidiary...
...weaker moment Bisbee became involved in an unfortunate affair with a girl named Rose. Stricken with a guilty conscience, he wrote to the "Friend in Need" column of Laura Brown in street and Smith's "Love Story Magazine," protesting the great fuss made by Rose. He received an uncompromising reply to the effect that "If you've any honor, and a sense of fairness, you certainly ought to marry that poor child Rose. You expect to dance and not pay the piper." Bisbee was disgusted he never even mentioned dancing...
...Ernest James Stevens, genial hotel man of Chicago's hotel-&-insurance family, was arrested last week on a charge of cospiracy to defraud stricken Illinois Life Insurance Co. of ''more than $1,000,000." Last month auditors learned that the sluicing of funds from Stevens-controlled Illinois Life into Stevens-owned hotels had cost Illinois Life $12,456,409 (TIME, Jan. 23). Ernest James Stevens was director of the insurance company, his brother Raymond president, his father James William chairman. Brother Ernest had obtained passports, was going abroad with his family. Later, all three Stevens were indicted...
...member of Life's present staff was at the birth. He is Associate Editor Edward Sandford Martin, who celebrated his 77th birthday two days before the magazine's Golden Jubilee. E. S. Martin was Life's first editor, and a part owner but was stricken with malaria and had to quit after the first six months. Three or four years later he resumed work as editorial writer, wrote regularly for the next 40 years until Editor Norman Hume Anthony, now of Ballyhoo, took the editorship of Life in 1929 for a brief tenure. Lloyd George had called...