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Payment Of Old Bonds

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Bedrock Of The Community
United States
12128 Posts
Posted 12/31/2010   11:05 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
You probably know a lot more about the company than I do, but this link helps confirm some of the data also:

http://www.encyclopedia.chicagohist...es/2615.html

I would be highly skeptical of whether there are any funds to pay out a 100+ year old (?) bond when reading the statement "The few remaining assets when the company dissolved in 1984 were transferred to the Chicago Pacific Corp., a holding company since purchased by Maytag."

No idea what is meant by "few remaining assets" and whether or not Maytag (now Whirlpool) strategically purchased the remaining assets assuming no responsibility for any bonds that may still be out there.

Only my pessimistic outlook, though I may be wrong. In any event, I'd be interested to know the outcome.
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Valued Member
14 Posts
Posted 01/01/2011   1:50 pm  Show Profile Bookmark this reply Add MRmarco to your friends list  Get a Link to this Reply
The entire case of Maytag V Navistar can be read at http://bulk.resource.org/courts.gov...99-4328.html The Rock Island never was sold to any company only merged after reorganization. This issue is addresed in the courts decision. The more recent merger with Whirlpool was an exchange of stock with an offset payment for the difference in the value of stock.

I'm still trying to get scans to work more tha once. I have plenty of stamps from my fathers collection I would like to share with everyone.
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Pillar Of The Community
United States
2479 Posts
Posted 01/01/2011   2:46 pm  Show Profile Bookmark this reply Add tomiseksj to your friends list  Get a Link to this Reply
MRmarco,

Sorry I can't help you with the bond but I may be able to make your life a little easier when trying to upload images that you've scaned. I shared your frustration with reducing image sizes under the 100kb limit for uploading to SCF until I saw that several members had suggested using an online media hosting service.

I opted for the free hosting service ImageShack ( http://imageshack.us/ ) and am glad I did. I scan my item at 600dpi, open in IrfanView (the program downloadable at the SCF's "uploading photos" tutorial), and crop the image. Then I upload the file to my ImageShack account which is set to resize all uploads for viewing on a 15" monitor.



Once uploaded, I copy the direct link address into memory, and paste the link between the commands [img ] and [ /img] that are automatically generated when selecting the insert image button in the format bar of the "reply to post."



That process has saved me time and frustration when including images in my posts.

If you use the SCF's search function, you can find other options to consider.

Steve
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