Beacon Participations Directors Held Liable for 1 Million Losses
Boston July 8 Judge Burns Suffolk superior court held ten directors of Beacon Participations Inc personally responsible for losses of at least 1 million dollars, with total potential liability rising to 1.5 million pending official determination next week. The case, filed by over 700 stockholders led by Edward Spiegal, claims bad faith, reckless purchases, improper dividends, and failure to secure or pursue claims, tying the firm to Beacon Trust Company and alleging mutual interconnections among directors and affiliates.
MENTIONED IN THIS ARTICLE
Boston
Greater Boston
Beacon Participations, Inc
John J. Burns
Suffolk Superior Court
Massachusetts Supreme Court
Charles F. Adams
Charles B. Jopp
Charles R. Gow
William P. Hall
Charlestown
Five Cents Savings Bank
George E. Mumford
Old Commonwealth Trust Company
Frank B. Lawler
Arthur T. Lyman
Fred E. Jordan
Allen H. Sturgis
Burns
Beacon Building Trust, Inc
Edward Spiegs
Beaton Trust Company
Beaton Trist
Horne
Respondent Beacon Participations
Plainii’ Spiegal
Ie New Iboard
Beacon Trust Company
Beacon
Jorden- Lyrean Company, Inc
Corporation
Robert G. Shaw Jr
Fred D. Jordan
Sult Im Equity
Jury Walved Gestion
Superior Court
Beacon Participations
Beacon Trust
Listle
Delegates From 26 States Confer on Employment
Delegates from 26 states met behind closed doors in Washington with Frank Ferrors leading a new federal employment cooperative under the labor department. States with existing employment services will cooperate with the government, aiming to place unemployed workers nationwide through expanded relief efforts supervised by Harry L. Hopkins.
MENTIONED IN THIS ARTICLE
Washington, D. C
Frank Ferrors
Gerrila
Labor Department
Harry L. Hopkins
Armory Blast Kills One in Williamsburg Kentucky
An early dawn explosion at the Kentucky National Guard armory in Williamsburg killed Leon Trumfleet, 18, as he removed supplies, and injured Richard Davis, 24. Five business buildings burned in a fire linked to the blast, with losses estimated at 100000. Authorities suspect nitroglycerine or mercury compounds in a minting room as possible causes.
MENTIONED IN THIS ARTICLE
Williamsburg
Kentucky National Guard Armory
Buysness
Joss
Leon Trumfleet
Richard Davis
SANE Job Seekers Ad Guidance by Jane Noble
A brief notice invites readers to visit Broadway and Fifth Street for help writing Situation Wanted ads. Jane Noble offers assistance with classified light ads for jobs and related placements.
MENTIONED IN THIS ARTICLE
Use
Jane Noble
Broadway
Fifth Street
Unreasonable Bread Price Hike Fought in Washington
Washington officials say the Agricultural Adjustment Administration will push back against bread price hikes seen as profiteering. George N. Peek and Wallace discuss city incidents of large increases, including a 60 percent loaf price jump, and argue wheat costs are not the sole driver. The administration names Nine to ten cities with abnormal gains and vows a vigorous campaign to counter pyramiding in bread prices.
MENTIONED IN THIS ARTICLE
Washington, D. C
Agricultural Adjustment Administration
George N. Peek
Wallace
H. Stade
American Bakers’ Association
Peek
Charles
I. Brand
Gct
Prederic ©. Howe
Roosevelt Will Stay Out Of League Court Policy
President Roosevelt plans to keep the United States out of the League court and abandon arm embargo agreements with other nations. Administration leaders say both steps would clash with America’s policy of national isolation in foreign affairs, and sentiment in Washington favors the moves.
MENTIONED IN THIS ARTICLE
Washington, D. C
Roosevelt
United States
Amerdea
Industry group warns against bread price hikes
In Washington, Stude warns the baking industry that increases should reflect only added costs. He cites Wallace’s estimate of a 1.3 cent per pound rise as warranted, while noting some bakers ignore warnings among about 25,000 bakers nationwide.
MENTIONED IN THIS ARTICLE
Stude
Washington
Wallace
Stade
Slude
Woman Falls From Pole During Vaudeville Act
In San Francisco Mrs. Tda White, 32, fell from a 10 foot pole during a Golden Gate theater vaudeville routine. She is at Central Emergency hospital with possible spine and pelvic injuries and severe cuts. Her husband blamed a slip.
MENTIONED IN THIS ARTICLE
Ban Francisco
Tda White
Golden Gate Theater
Central Emergency Hospital
Wolffs Marx Creating Beauty Is An Art
The ad boasts a beauty shop staffed under Mme Alameda DavIs on the 60th floor offering permanent waves facials hair treatments and mani cures at prices no higher than elsewhere.
MENTIONED IN THIS ARTICLE
Wolffs Marx
Mme. Alameda
Davis
Also Mentioned on This Page
Old Board
Spiegal
Dr. Sherman
San Antoni Palnless
UFS
Frowe
Dane
San. Incs
Sato
Elain
Retatun
Joseph W. Hartiman
New York
Harriman National Bank
F.D.R
Quiltimn
Climan
Wollt & Marx—hislinery—aid
Tynee
Tyste
Woll & Marx—Corsete
2Rd
Flasr
Jim
Secon
Men's Dept
Frrent Finae—Wrill & Mara
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