New Jersey Equity Reports Volume 79

New Jersey Equity Reports Volume 79

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 edition. Excerpt: ...of the par value of $1,000. A. residence in the city of Paterson, on Arlington street; three automobiles. Seventeen different parcels of land in the city of Paterson, which he owned as tenant in common with his brother, Walter. At the time of which I am now speaking (which is in the spring and summer of 1907) the twenty-six shares of Hamilton Trust Company stock and the thirty shares of Silk City Trust Company stock were pledged at the German-American Trust Company for a loan of $12,000. There had also been obtained from this last-named company, by Joseph Bamford, J r., either fifteen or sixteen thousand dollars in addition, for which there had been pledged the one hundred and forty-two shares of common and seventy-five shares of preferred stock of the United Shoe Machinery Company, the ten shares of the stock of the Bank of Charleroi, the seventeen shares of stock of the German-American Trust Company, the three $1,000 bonds of the Paterson and Passaic Gas and Electric Light Company, and the $1,000 bond of the United States Steel Corporation. A concern in Pittsburgh, named Ivory, Cascadden & Moore, had taken over this loan and the securities just mentioned as collateral. Both Walter and Joseph Bamford, J r., were stockholders in the German-American Trust Company and in the Hamilton Trust Company, and Walter was a director in the Hamilton Trust Company. Before the 2d of March, 1907, according to the testimony of Mr. Parmelee, the treasurer of the Hamilton Trust Company, Joseph was not indebted to that company. Walter, in his testimony before the referee in bankruptcy, stated that it was his understanding that Joseph was indebted in the sum of '$10,000 to that company before that time. However this may be, it appears that on the...
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Product details

  • Paperback | 250 pages
  • 189 x 246 x 13mm | 454g
  • United States
  • English
  • black & white illustrations
  • 1236908112
  • 9781236908117