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Word: bankrupts (lookup in dictionary) (lookup stats)
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...never reopened. According to the RFC bank examiner it was "the most honest failure I have ever seen." Of some $4,000,000 loaned to ranchers, the banks got back only $200,000. Of their $15,800,000, Wingfield depositors got back about half. In 1935 "King George" went bankrupt. Assets: $10,500. Liabilities...

Author: /time Magazine | Title: Business: King George | 9/13/1937 | See Source »

...these increases went into effect, they would cost the roads $639,000,000, or 95% of last year's net operating income. One-third of U. S. railroads are already bankrupt and others hard-pressed to meet their fixed charges alone. Said Railway Age: "Unless the series of developments now rapidly tending to bankrupt virtually the entire railway system of the U. S. is immediately arrested, the American people may suddenly awaken to a realization that government ownership and operation of railways have become almost or actually unavoidable...

Author: /time Magazine | Title: Business: Railroad Rumpus | 9/13/1937 | See Source »

Born in Ohio, raised on a New Mexico ranch, he was "married, divorced and bankrupt" before he was 21. After going broke he settled down to work for the Overland used-car agency in Los Angeles until one day he heard that a steam laundry was badly needed in Tampico, Mexico, to wash oil workers' dirty shirts...

Author: /time Magazine | Title: Business: Bowman's Bubbles | 9/13/1937 | See Source »

...Bankrupt. Wilbur Glenn Voliva, 67, General Overseer of Zion City, Ill.; with liabilities of more than $1,000,000, assets of between $600,000 and $800,000; in Chicago. Overseer Voliva, who eats Brazil nuts and buttermilk and believes the world is shaped like a soup-plate, has been trying to salvage his Zion Institutions and Industries Inc.-candy bar, cookie and lace factories, cement plant, bakery, bank, department store and publishing house-since 1933. Its assets were 87? in 1907, $10,000,000 in 1927, $6,000,000 in 1932. Subsequently Rev. Voliva tried to reorganize Zion Industries under...

Author: /time Magazine | Title: Milestones, Sep. 6, 1937 | 9/6/1937 | See Source »

...revenge, tries to enjoin Wendy from appearing in Curson's dress show; a ballroom scene where Wendy wins the prize with a Curson creation, having effectively removed her nearest rival by unraveling her dress; a grand finale in which Curson, using the sets from his wife's bankrupt stage show, puts on a musical dress revue which snatches his own business from disaster's verge...

Author: /time Magazine | Title: Cinema: The New Pictures: Aug. 30, 1937 | 8/30/1937 | See Source »

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