Allan A. Ryan, who filed a petition in voluntary bankruptcy last July with liabilities of $18,000,000 has laid the foundation for a fresh start in the business world by filing incorporation papers in Albany for the establishment of a new firm dealing in stocks and bonds.
From the front page of the Kinston Free Press, second edition, Monday, Nov. 6, 1922. $18 million in 1922 would be the equivalent of $5,724 billion today.
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