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Story
May 25, 1927
The Watchman And Southron
Sumter, Sumter County, South Carolina
What is this article about?
Margaret Wilson, daughter of former President Woodrow Wilson, joins bond sales to repay $10,000 debt from failed oil investment, amid court proceedings in New York (May 23).
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OCR Quality
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Full Text
Margaret Wilson To Enter Bond Business
New York, May 23.—(P)—Miss Margaret Wilson, daughter of Woodrow Wilson, has taken a position selling bonds, to pay off a debt of $10,000 incurred through an unprofitable investment in oil stock, The New York World says today.
Miss Wilson's decision to withdraw from social and civic activities and go to work, says The World, follows litigation that will bring her into court for financial examination in an effort to collect the $10,000 judgment obtained against her in supreme court last February.
The judgment constitutes the bulk of a sum borrowed by Miss Wilson from the American Union bank on her personal notes, guaranteed by Harry Glenby, a hair goods dealer. Through Glenby's efforts Miss Wilson will be spared the ordeal of being questioned in court as to her financial condition.
New York, May 23.—(P)—Miss Margaret Wilson, daughter of Woodrow Wilson, has taken a position selling bonds, to pay off a debt of $10,000 incurred through an unprofitable investment in oil stock, The New York World says today.
Miss Wilson's decision to withdraw from social and civic activities and go to work, says The World, follows litigation that will bring her into court for financial examination in an effort to collect the $10,000 judgment obtained against her in supreme court last February.
The judgment constitutes the bulk of a sum borrowed by Miss Wilson from the American Union bank on her personal notes, guaranteed by Harry Glenby, a hair goods dealer. Through Glenby's efforts Miss Wilson will be spared the ordeal of being questioned in court as to her financial condition.
What sub-type of article is it?
Biography
What themes does it cover?
Misfortune
Fortune Reversal
What keywords are associated?
Margaret Wilson
Debt Repayment
Bond Selling
Oil Investment
Court Judgment
What entities or persons were involved?
Margaret Wilson
Woodrow Wilson
Harry Glenby
Where did it happen?
New York
Story Details
Key Persons
Margaret Wilson
Woodrow Wilson
Harry Glenby
Location
New York
Event Date
May 23
Story Details
Margaret Wilson, daughter of Woodrow Wilson, takes a position selling bonds to pay off a $10,000 debt from an unprofitable oil stock investment, following a supreme court judgment against her, with assistance from Harry Glenby to avoid court examination.