Word: banke
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Dates: during 1940-1949
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Speaking for the Yardling, Relf Thyrre '50, while keeping a protective cye on his Connectent College girl, who was deep in conversation with her male neighbor, stated that "though dangerous." eating in the Union was really "okay, and good for the bank account...
...market, almost knocked out by Wachholtz' first whirlwind attack, was making a nice comeback. That heartened businessmen. Cool, self-confident Minister Wachholtz, busy with plans for cutting Government spending and starting a state bank, knew that the real job lay ahead: to diversify the economy and end the old reliance on world markets for copper and nitrates. Whatever the outcome, Chile's new government had made its choice: it would stand or fall according to the success or failure of Wachholtz' efforts...
That was 25 years ago. Last week, at 69, Bunnell, onetime farmer, hotel proprietor, bank manager, lawyer and politician, was still on the job as president of the University of Alaska, and showing no signs of quitting...
...each (Trousdale now lives in an English-Colonial house he built for Deanna Durbin, later bought back), switched to building small houses in large projects when war came. On each project, he and his stockholders put up the money to cover the cost of real estate, got Bank of America loans to cover all construction costs, had little trouble getting materials by his cash-on-the-line policy. Like most builders he formed a new corporation for each project, dissolved it when the project was finished. Thus his fat profits were taxable at only 25% as capital gains, gave...
...with the Bank of America loan, Trousdale plans to build 8,000 rental units on 450 acres of it, along with a 26-acre super-shopping center. Eventually he hopes to build a hundred 13-story apartment houses on the rest of the land...