Reorganization Plans for Katy Outlined Amid Oversubscription
New York details reveal Missouri Kansas and Texas Railroad reorganization plan under receivership since 1916. Managers announce exchange of over 2000000 in securities, with about 4 percent of old securities assenting. Plan reduces fixed charges, issues 1500 million in five percent convertible bonds, and calls for a 20 percent per share assessment on former holders to raise 25.42 million for restructuring and debt relief.
MENTIONED IN THIS ARTICLE
New York
Missouri, Kansas and Texas Railroad
J. and
W. Scligamu
Tall Garten and
Coin Paby
Southern Railway
Staba
Wichita
Bath
Con & Improvement Company
Booneville
BaGtrain
Biider
Two Types of Crooks as Bacon Describes
Deputy U S marshal J E Bacon for nearly four decades has classified crooks into two types the bandit and the sneak thief. The bandit shows nerve and fights when pressed while the sneak thief is contemptible and stealthy. He says crime rises with economic stress and prohibition has created a new class of criminals, the bootleggers, whom he finds especially defiant. Bacon notes criminals often claim faith yet do not live by it and expresses that many repent only after capture.
MENTIONED IN THIS ARTICLE
J. E. Bacon
United States Marshall
Mr. Bacon
Fae Banalig
Roy Gardner
New York
New Mexico
Son
Enmerei
Ike
Bandit
Will Ahvars
Bucou
Idienesa
Mc. Bacon
Jim
Ilda
Huge pirate distillery seized in Houston history
Houston officers halted the largest pirate distilling operation ever seized, arresting a man for possession and another who refused to name the seller. A witness list and company records were reviewed as the raid unfolded. Also, prominent Socialist Wiedenre Af Ayn died in Houston at age 79.
MENTIONED IN THIS ARTICLE
Houston
Baena
Elim
Uidner
Toby
Recorda
Cmerent Socinet
Wiedenre Af
Wan
Also Mentioned on This Page
Katy
Victoria
Tex. Nav. Panne
Thie
Vie
Swith Tadge Green
Cuore
Mic Erlurinal
Viv Dovkers
Hansen Bros
Arrefan
Prime Creenett
Ter
Gau Nnl
Tye
Welltale
Bill Landa
Houston Pulce
Bayer
Ols
Bea
A. Kraus Kraus Corner
Alamo and Commerce
Sts
America
United States
Price-Campbell
THE
Wichita Motors Company
Treasury
Wichita Motors CO
Wichita Falls
Texas
Rite Muray
Memphis
Sime
A. Likeness
San Antonio Printing Co
L.B. Clegg
Soledad Crockatt
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