Ponzi Faces Bankruptcy as Ponzi Case Draws Pressure
A federal audit claims Ponzi liabilities exceed $500,000 by far and may be many times that amount. An involuntary bankruptcy petition cites insolvence and transfer of assets to creditor Charles Hoffman for $300,000. Investigations by Attorney General Allen and Bank Commissioner Allen intensify as Ponzi warns the public.
MENTIONED IN THIS ARTICLE
Edwin L. Pride
Ponzi
United States
Daniel J. Gallagher
Gallagher
J. Weston Allen
Coolidge
Europe
Charlies Hoffman
Hoffman
William 8. McNary
The
Hanover Trust Company
Post
McNary
Lucy Martelli
Federal District Attorney's Office
Charles Cantwell
James Fernald
Harry Farrell
Charles Ponzi
Charles Hoffman
Allen Doubts Ponzi Attorney-General Gives Findings on Investigation
Attorney General Allen releases a detailed public statement reflecting on claims by Charles Ponzi about a vast international coupon trade. The probe finds no corroboration for Ponzi’s Europe dealings, notes little evidence of funds from Europe, and reports large withdrawals from his banks while offering him a chance to present proof.
MENTIONED IN THIS ARTICLE
Ponzi
Hanover Trust Company
Allen
Commonwealth
United States
Ponszi
New Hampshire
New Jersey
Merchants Bank
Manchester
N. H
Bank
Lexington
Boston
Park Square Theatre
Mr Allen
Europe
New York
Milan
Italy
Commissioner of Banks
Drowned Boy in Boston Common Frog Pond
William Kirby ten year old son of Mr and Mrs Michael Kirby of 183 Forbes street South Boston drowned yesterday afternoon in shallow Frog Pond Boston Common. He and companion William Buckley undressed and swam. Buckley missed him later. Body found within an hour and sent to Relief Hospital where efforts to revive him failed. Albert Kirby brother later took charge of the body.
MENTIONED IN THIS ARTICLE
William Kirby
Michael Kirby
Forbes Street
Boston
Frog Pond
Boston Common
Beacon Street
South Boston
Kirby
William Buckley
Buckley
Ginter
Albert Kirby
Man thanks doctor for curing infant in North Carolina
A North Carolina father writes that Dr Seth Arnolds Balsam cured his six month old baby calling it worth three times its weight in gold. The note expresses gratitude for the doctor's treatment and relief for the family.
MENTIONED IN THIS ARTICLE
North Carolina
Seth Arnolds Balsam
Tragic drowning mystery in South Boston pond
The body of a boy named Kirby was found by Murray J. Ginter while wading a pond about 3 o clock. Bruises on the face suggest he may have struck the pond bottom while diving and drowned. A second theory suspects heat exhaustion or heart weakness upon entering the cool water.
MENTIONED IN THIS ARTICLE
Murray J. Ginter
Kirby
Boston
City Hospital Receives $200000 Appropriation Plan
Trustees reported a need for $350000 for improvements but council approved a first reading of $200000. Donoghue had sought $750000 originally and later asked trustees to estimate needs. Trustees requested $150000 for a house officers’ building $150000 for the Thorndike Memorial building and $50000 for a pathological building.
MENTIONED IN THIS ARTICLE
City Hospital
First Reading
John A. Donoghue
Donoghue
Great Demand For Gasolene Rises as Refiners Boost Output
Washington report notes refiners push to meet rising motor fuel demand by increasing crude oil processing and lowering quality to raise gasoline output. Bureau of Mines records 26 percent rise in domestic consumption for first five months of 1920 from 1,217,879,649 barrels in 1919 to 1,418,534,063 in 1920.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Mines
Bureau
Reunion Outing Planned for Boston Moose Lodges
A reunion of all Moose lodges around Boston is planned for Saturday at Silver Lake Saugus. Hundreds of members are expected to attend the afternoon gathering. The train departs North Station at 1 30 PM. Details are at Moose headquarters 110 Tremont Street Boston.
MENTIONED IN THIS ARTICLE
Order of Moose
Boston
Silver Lake
Saugus
Greater Boston
North Station
Moose Headquarters
Tremont Street
Also Mentioned on This Page
Lowing
Tthe Securities Exchange Company
Department of Thhe
State House
Securities Exchange Company
Toment
C. & R. Construction Company
Newspaper Row
Bank Com*missioner
Pride
Devonshire Street
George W. Storck
Bureau of Investigation
Department of Justice
Post Office
Hall and Dakin
Postoffice
Hal B. Mosby
Coakley and
Meiisaac
Mr. Pride
Daniel H. Coakley
Daniel V. Melganc
Frank Severoni
Samuel L. Bailen
Joseph W. Fowler
Felix A. Marcella
Mr. Coakley
Joseph C. Allen
Anent N. Y. Institution
Naples
Ettore Forte
Hanover Street
St. Boston
Cornhill
Bastiness
Owen Wedreatay and
Soturtey
P.M
Cordovan
Oxford
School Street
Sale Army Wrist Watches
Boston and
Vicinity
Freiman
Lenox Jewelry Co
United States Army
U. S
Eovery
Er Se
Massachusetts
Bromsfield St
Scott
Wolf
Wolf’s
MY Clothier
Hanover and
Portland Streets
Washington Street
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