Rise and Fall of Samuel Insull Middle West Empire Collapses
The 1932 NEA Service report chronicles Samuel Insull’s 50 year rise to a 4 billion dollar utilities empire and its swift 1932 collapse. It details his resignations from major companies, massive debts, and the intricate web of holding firms that finally toppled under pressure from the stock market crash. Insull’s personal wreck included losing wealth, facing pressure from creditors, and a stark change from autocratic magnate to a pensioner.
MENTIONED IN THIS ARTICLE
Hicago
Samuel Insull
Insull
Middle West
Napoleon of Power
Commonwealth Edison Company
People’s Gas Light & Coke Company
Public Service Company of
Northern Illinois
Chicago
Insull Brothers Sought by U S Rounding Up Abroad
John Hampton says Illinois authorities will go to Europe to seize Samuel Insull and bring him to Chicago to answer fraud indictments. Martin Insull, in Barrie Ontario, surrendered to Canadian officers after a fugitive warrant. Paris reports show Samuel Insull and his son fled. officials expect six days to execute warrants.
MENTIONED IN THIS ARTICLE
Toronto
Canada
John Hampton
Cook County
Illinois
Martin Insull
Chicago
Ontario
Europe
Samuel Insull
Insull
United States
Martin J. Insull
Middle West Utilities Company
Barrie
Linois
Paris
Chicago Brobhers
Insull Brothers
France
Insull Admits Error Before 1500 Stockholders
Samuel Insull publicly admitted a misjudgment on February 16 to 1500 investors of Insull Utilities Investments and Corporation Securities Inc. The annual report showed a $333,000 decline in company investments. He said his purchase judgment mirrored shareholders and cited unforeseen world crisis as the cause. Stockholders cheered his contrite explanation.
MENTIONED IN THIS ARTICLE
Insull Utility Investments, Inc
Samuel Insull
Insull Utility Investments and
Corporation Securities, Inc
Insull
Bobcats Travel to Hot Springs for Season Opener
Coach Teddy Jones leads 22 Bobcat players to Hot Springs for a clash at Rix Stadium against the powerful Trojans coached by Marving Perry. Hope’s probable lineup includes Brown at quarterback and Schooley as captain. The Bobkittens also depart for Lewisville for their season debut with Schooley and Carpenter leading the backfield.
MENTIONED IN THIS ARTICLE
Teddy Jones
Bobcat
Hot Springs
Rix Stadium
Trojans
Marving Perry
Ouachita College
Hope
Lewallen
Berry
Breeding
Jones
Richards
Mitchell
Chamberlin
Brown
Harper
Turner
Schooley
Bobkittens
Lewisville
Church Property Seized in Mexico Decree Expels Priests
Mexico City reports priests deprived of citizenship by a state decree and church property ordered seized for educational and recreational use. The measure, passed at a special session, could lead to expulsion of foreign priests and invites other states to act. Mexican Methodist leaders urged President Rodriguez to uphold religious law.
MENTIONED IN THIS ARTICLE
Mexico City
Republic of Mexico
Mexican Methodist Church
Rodriguez
Stolen Car Recovered After Driveway Tip in Troy
Police traced a car reported missing by Andrew A. Hult after Bart A. McGraw alerted to a strange vehicle parked in his driveway. Officers located the vehicle and confirmed it belonged to Hult.
MENTIONED IN THIS ARTICLE
Troy
N. Y
Andrew A. Hult
Bart A. McGraw
Wires Crossed Theft Attempt Ends With Capture
Forrest Lewis, 40, attempted to steal 30 feet of heavy copper wire from Columbus Fuel Supply Co. He triggered a burglar alarm when he touched the line and police arrested him with the loot in his arms.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Forrest Lewis
Columbus Fuel Supply Co
L A Foster 70 Dies Sudden at Home in Hope Arkansas
L A Foster 70 a large land owner and cotton buyer died suddenly at his home 420 Spruce street at 430 Friday morning after three years of declining health. He was past president of the Hope Chamber of Commerce a former Citizens National bank director and chairman of the Hempstead County Taxpayers league. Funeral at 3 pm at the family residence with burial in Rose Hill cemetery. He is survived by his widow two sons Alston and Vincent both of Hope.
MENTIONED IN THIS ARTICLE
L. A. Foster
Spruce Street
Citizens National Bank
Hempstead County Taxpayers League
W. R. Anderson
First Presbyterian Church
Rose Hill Cemetery
Alston
Vincent
Hope
Nick Jewell
Disputes Over Fulton Bridge Profits and Costs
The Star discusses Fulton bridge finances noting a $900000 cost and $82000 receipts with $9500 expenses and a $71000 operating profit. It explains interest on bonds and that operating profit precedes interest in calculating final earnings. The Fulton bridge ranks second in dividend potential among ten state toll bridges.
MENTIONED IN THIS ARTICLE
The
Star
Fulton
M. Becky
Becky
W. A. McCartney
McCartney
DeVall’s Bluff
Little Rock
Memphis
Too Old For That Touches Wife Suit In Akron Court
Mrs Victoria Bartlett sues her husband in Akron Ohio for divorce alleging he paddled her and objected to her playing cards. The suit cites a marital dispute over discipline and personal freedoms.
MENTIONED IN THIS ARTICLE
Akron, Chio
Victoria Bartlett
Tragic End Ties French Stage Star to Explorer Lover
Paris report on Mile. Alice Cocea whose romance with Lieut. Victor Point ends in suicide. Point, Naval Attache and Legion of Honor recipient, shoots himself after confronting a yacht party where Cocea frolicked on deck. Letters found tie his death to love and possible annulment desires.
MENTIONED IN THIS ARTICLE
Paris
France
Alice Cocea
Victor Point
Point
Bay of Agay
Riviera
Cannes
Saint Raphael
Blue Crest
Mlle
Mille
Cecca
Cocea
Chere
Alice
Alice Adoree
Rome
Comte Stanislas de la Rochefoucauld
Fieur
Phillippe Berthelot
Ministry of Foreign Affairs
Quai d'Orsay
Citeon
Gobi
Mongolia
Georges Haardt
Mrs. T. T. Cotham Dies in Little Rock at 67
Mrs. T. T. Cotham a prominent women s club member and Democratic worker died at her Little Rock home Friday at age 67.
MENTIONED IN THIS ARTICLE
Little Rock
T. T. Cotham
Women's Club
Democratic
Government report on cotton crop due Saturday at 10 A M
The October government report on the cotton crop will be issued at 10 a m Hope time Saturday October 8. It covers three factors including the 6innings to October 1 condition as of October 1 and total production. Friday's trading shows December contracts unchanged at 6.99 while March rose to 7.05.
R. F. C. Program in County Reviewed
Hempstead county relief efforts continue via Reconstruction Finance Corporation funds. Roy Anderson reports the agency’s role, noting $85,000 crop loans last spring and relief labor on highways and drainage projects in Hope, Washington, and Columbus areas.
MENTIONED IN THIS ARTICLE
Hempstead
Reconstruction Finance Corporation
Roy Anderson
Pat Duffie
Hope Rotary Club
Barlow
Jesse Jones
Texas
Harvey Couch
Arkansas
Anderson
Hope- Washington
Hope-Columbus
Main Street
Farmer’s murderer case sparks pardon drive in Arkansas
Harrisburg Ark AP report details J W Poole serving 10 years for murder in Tucker Farm death of Lawrence Harvey 42. Prosecutors seek clemency for Poole while Claude Happy Roach implicated as the killer after Harvey’s death misreported as suicide. Roach seen entering the Harvey home and fleeing after shots.
MENTIONED IN THIS ARTICLE
Harrisburg
Ark
Lees
J. W. Poole
Poinsett County
Gladish
Sullivan
Claude
Happy)Roach
Lawrence Harvey
Poole
Tucker Farm
Harvey
Roach
Missing Memphis Woman Mystery Deepens
The case of Mrs. Harry F. Long of Memphis, 24, who vanished 19 months ago, receives renewed attention as investigators in Terrell Texas seek to identify a woman at the state hospital there as the missing heiress. An Associated Press dispatch notes Dallas men were headed to Terrell to aid the effort while Grady Kennedy, special investigator for Dallas County, coordinates the inquiry. The Memphis Commercial Appeal reported the husband was away when relatives were informed a woman at the Terrell hospital might be Mrs. Long.
MENTIONED IN THIS ARTICLE
Harry F. Long
Memphis
Hope Star
Texas State Hospital
Terrell
Texas
Tenn
Associated Press
Terrel
Grady Kennedy
Dallas District Attorney's
Benny Harris Arrests Reach New Year High in Toledo
Benny Harris refused entry to his store by Patrolmen Emanuel Barnard and William Grove of the gambling squad and was arrested for interfering with an officer. This brought his yearly total to 19 arrests. Claude Wise, 34, manager of the store, was also arrested for interfering.
MENTIONED IN THIS ARTICLE
Toledo
Ohio
Benny Harris
Emanuel Barnard
William Grove
Claude Wise
Also Mentioned on This Page
Epiror
Robert Talley
NEA
NEA Service, Inc
New York
Insull Utility Investments
Squmom
Bobcats
Trojan
Mexico
Spruce
Mr. Foster
C. of C
Bank
Tax League
Fulton Bridge
Mile
Minott Saunders
Bulletins
Gov't
R. F.C
Rotary Club
Rage Three
Flapper
Fanny
Gladys Fparkere
Hubby No
Farmer
Benny
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