Word: write-off
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Dates: during 1932-1932
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Last week the following were news: Charles Wilbur Miller was not re-elected president of Davison Chemical Co. When the Company issued its statement for the year ended June 30, much comment was caused by the following write-off: "Provision for loss in realization of advances made to president of company and interest thereon-$705, 284.32."† Elected in Mr. Miller's place was Henry E. Treide, executive vice president of the company for a year, a director of Baltimore Trust Co. and of Baltimore Mail Steamship Co., which he helped form...