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Updated: June 8, 2025
His estates were deeply hypothecated, and his creditors so troublesome, that, in his own language, he was unable to attend properly to public affairs, so frequent and so threatening were the applications made upon him for payment.
Cowperwood would see, in some roundabout way, that these checks were promptly honored, whether the cash was there or not. In each case the hypothecated stocks were to be sent to him.
When it appeared that Chinese likin revenues were to be hypothecated to foreign bankers in connection with a great railway project, it was obvious that the Governments whose nationals held this loan would have a certain direct interest in the question of the carrying out by China of the reforms in question.
They're not going to give up good properties like this, even if Stener does go to jail." Steger did not know of the sixty thousand dollars' worth of hypothecated securities as yet. Neither did he know of Aileen Butler and her father's boundless rage. There was one development in connection with all of this of which Cowperwood was as yet unaware.
"Already undermined by the demands which the war had made on it, his fortune was giving way beneath these expenditures. Now he began to walk the terrible ways of usury. He borrowed of the most unscrupulous bourgeois, hypothecated his châteaux, alienated his lands. At times he was reduced to asking advances on his religious ornaments, on his jewels, on his books."
His estates were deeply hypothecated, and his creditors so troublesome, that, in his own language, he was unable to attend properly to public affairs, so frequent and so threatening were the applications made upon him for payment.
The King of Prussia has hypothecated in trust to the Regicides his rich and fertile territories on the Rhine, as a pledge of his zeal and affection to the cause of liberty and equality. He has seen them robbed with unbounded liberty and with the most levelling equality.
The majority of the stock issued and sold was subject to a financial device whereby twenty per cent. controlled eighty per cent., Cowperwood holding that twenty per cent. and borrowing money on it as hypothecated collateral.
He had been afraid to go back to the Café Riche; Joseph had harshly discharged him on that terrible night; alone, without a home, without a penny, his savings gone, his life insurance hypothecated, it had been intended for the benefit of his parents, his clothes, his very trunk gone, and plunged in debt to his fellow-waiters, his brain had succumbed to the shock.
"That can be hypothecated, or the will gives her the privilege of taking any certain sum that can be agreed upon. It would not impoverish me to pay it myself," he says, with a fine contempt. "But your brother must agree to all this; it is his business, not yours."
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