CONTROL OF AMERICAN TRUST
EVIDENCE BEFORE COMMISSION (Received December 18, 9.26 p.m.) WASHINGTON, December 17. David Milton, son-in-law of Mr J. D. Rockefeller, testified before the Securities Commission that he acquired control last December of the Equity Corporation 218,000,000 dollars investment trust, through an original investment of 13,000 dollars and 6300 shares in an inactive insurance company bought at as low as seven dollars a share. A complicated holding company was set up and made the deal possible.
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Press, Volume LXXII, Issue 21970, 19 December 1936, Page 4
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78CONTROL OF AMERICAN TRUST Press, Volume LXXII, Issue 21970, 19 December 1936, Page 4
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