Discretionary accounts in investing a reader question
A reader asks about giving a broker discretionary control over a sizable account to pursue long term gains and avoid taxes. The columnist notes risks, cites tax and control issues, and suggests caution with discretionary authority, stressing supervision and potential blame. The piece ends with advice on finding a reputable broker after BBB checks.
MENTIONED IN THIS ARTICLE
Wall Street
Better Business Bureau
Tel 4974 751 N Main
Local telephone listing fragment shows numbers 4974 and 751 tied to address 751 North Main and the exchange TEL 5T. Additionally 5613 appears as a separate number in the clipping.
Native Outlaws Versus Imported Type in 1934 Profile
The piece notes mobster Augie Pisano as a top figure, his 62 years and 1934 death by bullet. It discusses crime networks, immigration, and American crime leadership, contrasting native versus foreign-born influences in the underworld with references to the Wickersham Commission findings.
MENTIONED IN THIS ARTICLE
Herald Tribune News Service
New York
Augie Pisano
Pisano
Apalachin
N. Y
United States
Wickersham Commission
John Dillinger
Indiana
Notable Bankrobbers of the 1930s and a Young Frontierswoman
An AP feature recalls colorful criminals like Pretty Boy Floyd Roger Touhy and John Dillinger, contrasting their exploits with a 13 year old girl Rosharon Merlin who quickly adopted three stray kittens. It also notes a Prohibition era entrepreneur who avoided violence but ran rum ships and valued women.
MENTIONED IN THIS ARTICLE
ST. Louis
Rosharon Merlin
Augie Pisano
Pisano
Pretty Boy
Floyd
Oklahoma
Sallisaw
Okla
Madison Square Garden
Wonder of Wonders
Also Mentioned on This Page
Investors Guide
Sam Shulsky
Watchdog
Hedrick
Huffman
N. Main
P.R.T
American Institute of Laundering
High Point
N. C. Assn. of Launderers & Cleaners, Inc
N. Wrenn
High Point Laundry
Centennial Ave
S. Main
Star Cleaners
Tucker’s Dry Cleaning CO
E. Green S&t
Vogue Cleaners
A. Oe Oi Aies
Rae
Dalton Gang
Touhy Brothers
Chicago
al Capone
Roger Touhy
Minnesota
Tennessee
Teamsters’ Union
Capone
Touhys
Teamsters
Roger
Jake the
Barber’ Factor
Mooresville
John
Thal
Thal Surcease
FBI
Numa F. Reid Lodge
Emergent Communication
Troy T. Shelton
Edward G. Updegrove, Sec’y
Wachovia
North
North Main Street
State
Oak View
Emerywood
Mechanicsville
Five Points
Lexington Avenue
Winston Road
Bris
P.m
Wachovia Bank and Trust Company
Federal Deposit Insurance Corporation
Member
Federal. Reserve System
New North
Hedgecock Lumber Company
Ward &T
Tel
New North Office
Ready Money
Night Depository