United States or Kiribati ? Vote for the TOP Country of the Week !
He had sunk large sums and incurred great liabilities in the new street to be called after his name; and that street has been twice ravaged, first by the Prussian siege, and next by the Guerre des Communeaux; and I can detect many reasons why Louvier should deem it prudent not only to withdraw from the Rochebriant seizure, and make sure of peacefully recovering the capital lent on it, but establishing joint interest and quasi partnership with a financier so brilliant and successful as Armand Duplessis has hitherto been.
It was a delightful little bank, where pennies stood for dollars, where everyone had confidence in everybody else, where no other banks could make or break, and where the assets were so in excess of the liabilities that it could not be touched by panic. Every three months there was to be a change of clerks, though the officers were retained.
Unconsciously he squared his shoulders and there was an unwonted dignity in his reply: "I am well aware that my accomplishments are more in the nature of liabilities than assets. In spite of this I will make good somewhere." He stepped closer to the girl, and his voice grew harsh, almost rasping in its intensity. "I can beat the game. And I will beat it now!
It will afford definite knowledge of existing, and future liabilities under the present law and determination OF liabilities under any proposed change in the present law. We should have this information before creating further obligations for retirement annuities which will become liabilities to be met in the future from the money of the taxpayer.
Industrial firms were affected by the uncertainty and panic and over 15,000 failures resulted, with liabilities amounting to $347,000,000 in the single year. Production of coal and iron fell sharply; railway construction nearly ceased and the value of securities shrank to a fraction of their former value.
His appetite for tyranny was thus balked; and to satisfy it in some way he patiently studied the laws relating to rentals and party-walls; he fathomed the jurisprudence which regulates the dwellings of Paris in an infinite number of petty questions as to tenants, abutters, liabilities, taxes, repairs, sweepings, decorations for the Fete-Dieu, waste-pipes, lighting, projections over the public way, and the neighborhood of unhealthy buildings.
These and the thousand other charities and beneficences in which he abounded, openly or secretly, may avail him more than the discharge of his firm's liabilities with the Judge of all the Earth, who surely will do right, but whose measures and criterions no man knows, and I least of all men.
There was great mention of bogus bonds, bad investments, liabilities and assets and personal estates, and of a thing called an official assignee whatever that is voluntary sequestration, and a jargon of such terms that were enough to mither a Barcoo lawyer.
So knowing that we do not stand to one another in the light of mere ordinary friends, I do not hesitate to explain my present embarrassment to you, and ask you frankly for the loan of three thousand pounds, which will relieve the most pressing of my immediate liabilities.
But the question may be asked, "Do we not admit a similar principle when we speak of a man's influence as something that survives him?" We answer, "No." Influence is a simple radiation of impressions. A man may leave an influence which men are free to accept or not, but it is quite a different thing if he leaves upon a successor the moral liabilities of a bankrupt character.
Word Of The Day