PROFITABLE INVESTMENT
CONTROL OF EQUITY CORPORATION Press Association—By Telegraph—Copyright WASHINGTON, December 17. Mr David Milton, a son-in-law of Mr J. D. Rockefeller, testified before the Securities Commission that he acquired control last December of the Equity Corporation, a 218,000,000-dqllar investment trust, through an original investment of 13,000 dollars, 6,300 shares in an insurance company, bought as low as seven dollars a share. A complicated holding company was set up and made the deal possible.
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Bibliographic details
Evening Star, Issue 22526, 19 December 1936, Page 17
Word Count
74PROFITABLE INVESTMENT Evening Star, Issue 22526, 19 December 1936, Page 17
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