floating debt

Though the church resolved its floating debt during this period, financial woes loomed.

The taxes were habitually collected many months in advance, and the colossal floating debt was increasing rapidly.

The state had no floating debt during his tenure, and paid off over $600,000 of bonded debt.

Brown managed to reduce the state's bonded debt to $20 million, and eliminated all of the state's floating debt.

The total national debt (funded debt and floating debt) amounted to 200,000,000,000 marks, that is, £10,000,000,000 sterling at the old prewar rate of exchange.

During his last tenure of office he had reduced the floating debt, which the Mexican War had considerably increased, by the negotiation of a loan of 300 million francs (1863).

The budget soared, and the Allens were floating debt among three credit cards, struggling to make payments on construction costs that had sprinted well past the amount of the construction loan.

The same meeting that elected Keim authorized a new US$12 million loan issue to pay the recently increased floating debt and the balance due on the Jersey Central deal.

Readers who hope to keep up with the multiple back-stabbings and sleights of hand will need to be conversant with concepts like floating debt, stock watering, bear traps and consolidated bond issues.

The floating debt had risen from 247,000,000,000 at the beginning of the year to 272,000,000,000 by March 31, then to 962,000,000,000 and to 1,494,000,000,000 by the end of the year.

Already, this early into the process, the English bondholders' committee contended that expansions in the Reading's floating debt incurred during the six months prior to the bankruptcy were not covered by value in the corporation's assets.

The McCalmont plan would have given preferred protection to senior mortgage bond holders and also would have put a levy upon stockholders, US$15 per share, towards substantially paying down floating debt.

There were the first mortgage bonds, and the second mortgage bonds, and the third, and I know not how much floating debt; and worse than all, the reputation of the road lost, and deservedly lost.

This favoured the industrial concentration, the supported monopolies, are raised great floating debts for obtain resources for these great factories and war machine industries and rationalized the resources for reduced the low costs of Japanese production.

As well as its management of the floating debt, it had increasingly taken over the handling of the service payments on the funded debt, and it held the balances of many departments of state as well as of provincial tax gatherers.

After hearing from Gowen of a US$7 million floating debt that had never been discussed in any board meetings, Smith inspected the unpublished books of the subsidiary Coal & Iron Co., which issued no annual report of its own.

Gowen's plan called for receivership to last for five years, for which time he projected increasingly improved business performance, reduction of fixed expenses to a manageable level, and liquidation of floating debt by the selling off of assets and/or conversion into preferred stock.

Ominously, the Jersey Central was at the time in receivership, and the deal included assumption by Gowen's Reading of the Jersey Central's US$2 million of floating debt and guaranteeing a 6% dividend on all of the Central's stock then outstanding.

Further expansion on the site, including an art gallery, new rooms for the schools, and extensive new galleries were completed between 1890 and 1900, and the Borough's floating debt on the project was extinguished by the generosity of Mrs Margaret Ogilvie of Sizewell Hall out of appreciation for Taylor's work.

He found that the parent corporation's floating debt was being transferred to the subsidiary before the parent's fiscal year end in November, to avoid appearing in year-end statements; only to be shifted back to the parent prior to the subsidiary's own fiscal year end in December, thus effectively masking the joint enterprise's precarious condition overall.