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Updated: May 25, 2025
The Chronicle had been a Stone organ during the heydey of Stone's prosperity; the Bulletin had fought the Consolidated tooth and toe-nail; the already criminally overcapitalized Consolidated was about to float a new bond issue; the Bulletin did not fight this issue; ergo, the Bulletin must have something to gain by the issue.
"Undermining the reputation of a company as sound as any in this city, a company that's not overcapitalized, either. And we're giving better service right now than any of your consolidated lines."... He was in no frame of mind to argue with; the conversation was distinctly unpleasant. I don't remember what I said something to the effect that he was excited, that his language was extravagant.
"Undermining the reputation of a company as sound as any in this city, a company that's not overcapitalized, either. And we're giving better service right now than any of your consolidated lines."... He was in no frame of mind to argue with; the conversation was distinctly unpleasant. I don't remember what I said sething to the effect that he was excited, that his language was extravagant.
We're overcapitalized right now to the limit; we've watered the stock until it would float a fleet of battle-ships and we're dangerously near the line " "Well, what can I do?" Wiley ran his hands through his hair. "I've banked everything on this Lost Souls venture, and God knows I've gone the limit to put it through!" "Have you?" Chase turned at the window.
Good taste forbids saying that Constantine the Great speculated as audaciously as a modern stock-broker on values of which he knew at the utmost only the volume; or that he merged all uncertain forces into a single trust, which he enormously overcapitalized, and forced on the market; but this is the substance of what Constantine himself said in his Edict of Milan in the year 313, which admitted Christianity into the Trust of State Religions.
Roebuck was the keystone of the arch that sustained the structure of chicane. To dislodge him was the direct way to collapse it. I was about to set to work when Langdon, feeling that he ought to have a large supply of cash in the troublous times I was creating, increased the capital stock of his already enormously overcapitalized Textile Trust and offered the new issue to the public.
"In short," said Frank, "after we have built the railroad with the money of the general public, overcapitalized it in a criminal manner, and discovered that it will not pay a dividend on its watered stock, you propose that we perpetrate another outrage on unsuspecting investors by selling back to the public our holdings of stock that actually belongs to the public anyhow!"
"Undermining the reputation of a company as sound as any in this city, a company that's not overcapitalized, either. And we're giving better service right now than any of your consolidated lines."... He was in no frame of mind to argue with; the conversation was distinctly unpleasant. I don't remember what I said sething to the effect that he was excited, that his language was extravagant.
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