AMERICAN COMPANY
DISSOLUTION OF PARTNERSHIP TAX PROBLEMS SIMPLIFIED (United Press Assn.—Elec. Tel. Copyriß-ht) (Received Feb. 17, 3.15 p.m.) NEW YORK. Feb. 16 Wall Street believes that the dissolution of the partnership of the J. P. Morgan Company is aimed at perpetuating the firm's name and simplifying tax problems in the event of the death of any partner. Technically the change from a private to a public bank is more legal than actual.
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Bibliographic details
Waikato Times, Volume 126, Issue 21041, 17 February 1940, Page 8
Word Count
72AMERICAN COMPANY Waikato Times, Volume 126, Issue 21041, 17 February 1940, Page 8
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