Word: bankrupted
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Dates: during 1940-1949
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...Chicago's Federal Court last week, Preston Tucker's company and his rear-engined "car of tomorrow" looked like the one-hoss shay. If not bankrupt, the company seemed only a bumper's length away. The court appointed two trustees in reorganization to operate the business for the next 60 days, then submit a plan for reorganization along with a report on the "desirability of continuance...
...stray dogs, wet leaves on the tracks, and sea gulls short-circuiting transformers. Its trains sometimes take the wrong switch and "get lost." Last week the comedy was taken to court. The Long Island's officers marched into Brooklyn's Federal Court and declared the road bankrupt, the first U.S. Class 1 railroad to do so in four years...
...Deal. The Long Island's troubles were caused by: 1) poor management; 2) the preponderance of passenger traffic over money-making freight traffic; and 3) the recent rise in operating costs. Never a rich road (it had gone bankrupt twice before), it had nevertheless managed to make money between...
...German prison camp. The remainder of the film deals with the citizens' chase after the robbers for the subsidy money in an attempt to save their first post-war crop. The theme of the film is the plight of the unemployed veteran in a defeated, starving, and bankrupt country, and the ease of transition from soldier to gangster when the will-to-live exceeds respect for law and the rights of others. The theme itself is very effectively handled...
...Tory seconds swarmed in on Bevan like an army of Lilliputians-but in vain. Why and how, they wanted to know, had Bevan come to be so inaccurate in his estimates. Protested one Tory: "If a business firm or a contractor made such a ghastly error, he would go bankrupt...