Word: bankrupt
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Dates: during 1940-1949
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Rickety little Broad Street Hospital, in the swarming alleys of Manhattan's financial district, has patched up many a cut finger and sprained ankle for brokers and clerks. Two years ago the hospital went bankrupt. Last year it was reorganized. The new directors changed its name to Downtown Hospital, chipped in $50,000 to keep it going. But everyone still called it Broad Street; and still the bills piled...
...upset price of some $11,000,000, the Mobile Federal Court ordered the properties of bankrupt Mobile & Ohio (St. Louis to Mobile) sold at foreclosure to G. M. & N., which already had ICC approval to absorb the larger road into a single, 2,007-mile system. First large railroad consolidation since 1934, it puts "Ike" Tigrett at the head of a new railroad named Gulf, Mobile & Ohio, which will start with a $31,870,000 funded debt and annual interest charges of $1,399,920 (about half the two roads' present fixed charges). An additional...
...plot drones on about a houseful of servants who try to rehabilitate their bankrupt master by palming off a pretty scullery maid as a debutante, hoping she will bag a millionaire. The stage swarms with snooty butlers, comic valets, tripping parlormaids, hoity-toity housekeepers, red-nosed cooks. Higher and Higher is really floored by the Servant Problem. As though that were not enough, the show goes in for haunted rooms, visitors from Iceland, phantom coachmen, hidden wine cellars, a butlers' ball. Otherwise there is virtually no plot...
Died. William Faversham, 72, Gibson Girl-era matinee idol; of coronary thrombosis; in Bay Shore, N. Y. Romeo to Maude Adams' Juliet, best remembered as The Squaw Man, thrice-married Faversham made and lost several fortunes, declared himself bankrupt in 1935, and in 1937 entered the Percy Williams Home for destitute actors...
Wall Street's first reaction was: Odlum has moved again! Its second: Has he turned away from his old hunting grounds (bankrupt utilities, movie companies, stores), moved into the aircraft business -the field in which Wife No. 2 is interested. Friends of the Curtiss-Wright management offered to raise a pool to defend the company against Odlum's raid. Guy Vaughan, president of Curtiss, cooled them off. He told them the smartest thing he had ever done was to get his friend Floyd Odlum on the Curtiss-Wright board...