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The New York trust company would soon fail having stolen over $200,000 from the state of Arkansas through this deal. [2] Holford then sought to make back the money by suing the state of Arkansas for $250,000, filing in both Arkansas and New York. Then the Real Estate bank failed and the ownership of the bonds was transferred to the state.
On October 1, 2005, Bank of the Ozarks was the Bond Trustee in issuing $3,770,000 worth of bonds to Improvement District No. 53 with a construction fund of $3,110,000 to purchase 200 acres to be dedicated as a public park and for facilities including hiking trails, horseback riding stables and trails, swimming pools, tennis courts, and other ...
This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The list is given as of May 2021.
The Arkansas Department of Transportation (ArDOT), formerly the Arkansas Highway and Transportation Department, is a government department in the U.S. state of Arkansas.Its mission is to provide a safe, efficient, aesthetically pleasing and environmentally sound intermodal transportation system for the user. [2]
Construction of the Pentagon, 1942.. The Miller Act (ch. 642, Sec. 1-3, 49 stat. 793,794, codified as amended in Title 40 of the United States Code) [1] requires prime contractors on some government construction contracts to post bonds guaranteeing both the performance of their contractual duties and the payment of their subcontractors and material suppliers.
Premium Bonds is a lottery bond scheme organised by the United Kingdom government since 1956. At present it is managed by the government's National Savings and Investments agency. The principle behind Premium Bonds is that rather than the stake being gambled, as in a usual lottery , it is the interest on the bonds that is distributed by a lottery.
A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company DAC. Funds raised are used to offset government borrowing and are refundable to the bond owner on demand. Interest is returned to bond owners via prizes which are distributed by random selection of bonds.
Arkansas State Capitol building in Little Rock designed by architect George R. Mann. The Arkansas General Assembly is the state's bicameral bodies of legislators, composed of the Senate and House of Representatives. Elections in the Arkansas Senate are staggered such that half the body is up for re-election every two years. Since the late 20th ...