Word: bankrupt
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Dates: during 1920-1929
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...chair and continued. "You know Washington was the wealthiest man in America in his day. He was a shrewd business man, an analytic bookkeeper, and the most consistent buyer of real estate in the country. During the Revolutionary War, when his brother-in-law. Fielding Lewis, went bankrupt making guns for the Continental Army, Washington stayed prosperous because of the rise in the value of the land he had previously purchased. He kept all his business records and we possess most of them today...
...office. "Hale's Tours" was in debt and Zukor told Brady that moving pictures would make up its losses. Backed by Brady, he started a chain of cinema "palaces" in Newark, Boston, Pittsburgh? empty stores made into theatres with crude stages and chairs bought second-hand from bankrupt undertaking parlors. He had one real theatre with a piano?the Comedy, in Union Square, Manhattan...
...Cornelius Jr. is scarcely famed in Paris-having chosen California as his place to toil and go bankrupt publishing tabloid news organs. Therefore announcements that General Cornelius Vanderbilt had made available $2,257,000 to pay the California tabloid creditors (TIME, Dec. 31), were of relatively slight interest to such typical Paris tycoons as M. Henri Letellier, publisher of the world's third largest newspaper, Le Journal. It was M. Letellier who employed, as his confidential and executive secretary until recently, the cherubic Erskine Gwynne. But tout Paris took keen interest, last week, at reports that Nephew Gwynne...
Last week, however, this failure was at least freed from any suspicion of fraud. Forrest Adair Sr., Forrest Adair Jr., Frank Adair and E. A. Erwin, officials of the bankrupt firm, were acquitted of using the mails to defraud in connection with the building of three southern hotels which never were completed. Stockholders in these projects lost nearly $3,000,000. After a month's trial, a jury decided that the Adair failure was legitimate...
...Hoff who had been characterized as the bootleg tsar, Borgian in intrigue, monstrously and illicitly wealthy. But he declared himself bankrupt. And his lawyer suggested lavish Hoff philanthropy. Students of the situation wondered whether the term "philanthropy" included the hundreds of Christmas turkeys that policemen had received from "Boo Boo" in recent years...