Morgan Probe Continues As Pecora Targets Morgan Board
The Senate inquiry into the Morgan firm resumes with Pecora questioning United Corporation directors. Howard M. testified on directors including Floyd J. Carlisle of several gas and utility companies. The committee seeks the partnership agreement and aims to wrap the Morgan investigation by week’s end to proceed with broader inquiries into related firms.
MENTIONED IN THIS ARTICLE
My Biz Senate Service
Asm Tor
Wall Street
Fletcher
Morgan Firm
Pecora Wee
Glass
Epodhumor
Morgan Group
Atnny Smiater Cousens
Evonomle
London
Severs
Michigan
Pecora
Glace
Howard
Geroge H. Howerd
United Corporation
Ihr
Sia
Morgan
Whituer
Floyd J. Carlisle
Ghilod
Cantoli One Gas
New York
Ales
Niagara Hudson
Carlisle
Columbia Gas and Plethrate Corporation
United Gas Improvement Company
Mohawk Hudson
New York Power and Light
C. Cobb
United Board
Commonwealth
Gouthem
Columbia Gas and Elsttric
Philip G. Gabler
United Corpors Hot
Ala
United Corporation of New York
Columbus Gas and Electric
Edward Hopkinson Jr
United’ Corporation of New
Senate Committee On Banking and Currency
George H. Howard
J.P. Morgan
J. P. Morgan and Company
Klutch Holds False Teeth Tight In Ad Copy
A fragmented ad copy promotes Klutch false teeth with language about secure fit and comfort. The text asserts the plate won’t rock or drop and allows eating and speaking clearly. Mentions 250 and Alc bor et Drug Stores. Adr.
Unclear Foot Care Ad Claims Quick Relief
Fragmentary ad style text touts urgent relief for athlete’s foot and related skin irritations. Mentions a product and mailing options, with garbled phrases about steps, delivery and a company name.
Inside facts tie Morgan Bonbright to United Corp stock plan
Pecora retraced steps from Friday showing Morgan and Bonbright formed United corporation with many shares and option warrants sold for $15 million. Howard, then with a law firm, said he acquired 200000 shares and 100000 warrants, enabling 390000 more shares for $500000, amid discussions of statute gaps in Delaware 1929 and warrants issued without time limits.
MENTIONED IN THIS ARTICLE
United Corporation
Howard
Mr. Thorn
Boobright
Whitney
Morgan
United
Connon
Bonbright
Aith
Pecorn
Delaware
Fabricated United Corporation stock plans emerge in 1929 memo
Testimony reveals a press release dated January 9 1929 detailing the United corporation organized under Delaware law by J P Morgan Drexel Banbright and others. It outlines authorized capital stock including 10 million common shares and 2 million preferred shares with warrants for up to 4 million common shares at 27.50.
MENTIONED IN THIS ARTICLE
Howard
Pecora
Whitney
United Corporation
Delaware
Messrg J. P. Morgan and Company
Drexel and Company
Banbright and Company, Incorporated
United Gas Improvement Company
Public Service Corporation of New Jersey
Mohawk Hudson Jower Corporation
American Ruper-t Bower Corporation
Mussolini Honors Caesar Statue Plan Near Forli
Premier Mussolini orders a statue of Julius Caesar to be erected near his native Forli. Instructions to the mayor urge raising the statue on the column and annually adorning it with flowers on the Ides of March to honor the founder of the Roman Empire.
MENTIONED IN THIS ARTICLE
Mussolini
Julius Caesar
Napoleon
Caesar
Pecora's Threats Spark Fresh Tax Probe
Washington May 31 Pecora signals bold exposure of income tax evasions tied to Morgan Coolidge and other financiers. He plans hearings with the Senate Currency and Banking Committee to press private leaders and their lavish lifestyles, aiming to open the tax system wide for scrutiny and action.
MENTIONED IN THIS ARTICLE
Pecora
Lorenzo the Magnificent
Pierpont Morgan
Lorenzo
Jesser
House of Morgan
Brozher Pecore
George Whitney
Senate
Dughy
Mr. Pecora
Sam
Morgan
Dell
Atlanta
St Pecnra
Be Radiant with New Strength and Glow of Youth
An old promotional note touts Thor's Vita min Compound promising rapid skin and vitality benefits. Claims include rich blood, solid flesh, and conspicuous improvements in days that once took weeks of prior remedies.
MENTIONED IN THIS ARTICLE
Folka
Thor
Unclear promotional fitness claims with mixed garbled text
Fragmented OCR style text touts guaranteed improvement in seven days with dubious claims about virility and health. Mentions programs, diets, and various individuals in a disjointed advertisement without coherent details or verifiable entities.
On Stand Proposes Broad Inquiry Into Banking Influence
The on stand report notes the subject to be considered aims at broad reach. The victory is hollow as Glass remains a major senate figure and not to be brushed aside. The committee soothed him yet winked at Pecora, signaling limited objections while pursuing how private banks influence the industry and who dodged income tax payments.
MENTIONED IN THIS ARTICLE
Glass
Senate
Pecora
United States
Can't Secede in Australia in Western Australia May 41
Perth dispatch notes Western Australia cannot secede from the commonwealth under the constitution. State power to withdraw is absent and imperial approval is doubtful. A referendum is seen as a token gesture to express West Australia's feelings, with no legal path to independence.
MENTIONED IN THIS ARTICLE
Perth
Western Australia
Commonwealth
Australia
China Purchases Six Locomotives for Rail Expansion
A Chinese government commission in London ordered six locomotives 1000 tons of rails 34 passenger cars and 80 freight cars plus miscellaneous stores to improve and extend the Hongchow Kiangshan railway. The deal signals a substantial railroad equipment purchase by China.
MENTIONED IN THIS ARTICLE
London
Juns J
Hongchow- Kiangshan
En Hee
Plant Trees Distributed in Nova Scotia in 1952
The province of Nova Scotia distributed 500000 trees for planting in 1952 an increase of two percent over the previous year.
MENTIONED IN THIS ARTICLE
Halifax
N.S. Jimes
INS
Province of
Nova Scotia
Clients Saved 37 000 000 in Stock Purchases Record
Washington D C May 31 The men on today s list of spa dle clients of gd P Morgen and company bought units of stock in United corporation for a unit of more than 7 000 000 below the open market price The Morgan firm on January 21 1939 sold 315 070 units of Ubertoc tg 281 Individuals at 758 unit consisting of one share of preferred stock and one share of common which were selling on the Philadelphia exchange for 99 On the same date 202 090 shares were sold through Bonbeight and company add 82 000 through Mor wan s affiliate Drexel and company at the 898 figure Purchasers of the entire block of 600 units detained it for 14 400 000 less then the then rated price
MENTIONED IN THIS ARTICLE
Washington, D. C
Spadle
Gd. P. Morgen and Company
United Corporation
Morgan
Ubertoc’c Tg
Philadelphia Exchange
Bonbeight and Company
Morwan
Drexel and Company
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Wsemate
Ferun
Iilky Aablere
Ponty
Joey Ie
Perini
Shiptithe
Dion Py Savaienal
Newenaper
Rien
Fannin
Brody Ayy Ae
Tne
Morgen and Company
United Com- Toon
Goueens
Ferdinand Pecora
Washington
J. P. Morgan
Petera
Hrielenvillge Sening Seheol
John May
Frank Ansaon
Reas
Thomas S. Gates
Alfred L. Loomis
Landon B. Thorne
George Whintey
Adama
John W. Davis
Morgan Coungel
Wikney
Peporr
Bonbright and Company
Pecord
Hare
J. F. Morgan and Company
J. P. Morson and Conmipany
Edwin C. Hell
Washington, D.C
INC
Ferdinand Feorn
Jelf Columbia
Uncle Sam
Gay Spandon
Gmin
Eirigent
Len’t
Tuees
Carter Glass
J. 2. Morgan
Calvin Coolidge
Charles A. Lindbergh
Society
Fecora ix
Senate Committee
Pécora
Virginia
Femaier
Childeen
Tie
Nealady
Jonglrayn
Vitaly
Kate
China
Fife
Nurn Gunn Senet
Nurito
HAMS
Sealy
The
Household Furniture Co
Ousehold Furniture
Atst All Cae San Leeda Cae