Interborough Plea for Time Extension on $1,000,000 Loan
Judge Mayar granted the Interborough Rapid Transit Company a delay in repayment from June 30 to December 1 for a $1,000,000 loan. The extension aims to stabilize ownership and avoid a wider default across held securities amid Mediterranean revenue concerns.
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Talus M. Mayar
New Haven Plan Authorized by Public Utilities Commission
The New York, New Haven & Hartford Railroad Company is authorized to acquire Providence Securities Company gold debentures totaling 1,765,000 dollars and to issue its own debentures for a like amount. The move was approved by the Public Utilities Commission in Hartford.
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National Biscuit Company declares 1 1/2 percent dividend
The National Biscuit Company board declares a quarterly dividend of one and a half percent on common capital, payable July 15, 1920, with stockholders of record as of June 30, 1920. Transfer houses to remain closed. Treasurer G P Wells and secretary A J… announce details of dividend No. 2 for Mays Food Products and related corporate notices.
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Four columnar ear testment questions and answers published Sunday
The Tribune prints four full columna of ear testment questions and an swers every Sunday.
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