Word: bankrupts
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Bankruptcy. A business man possesses $50,000. He owes $200,000. He goes, or is thrown, into bankruptcy. A U. S. court takes over his $50,000 assets, turns them into cash at auction, equitably distributes the proceedings among the bankrupt's creditors in extinguishment of all claims, at the rate of 25? (less court costs) on the dollar. He is discharged free of debt, but with his credit badly blotted...
...Bankrupt...
...plotted by Ernest Vajda and directed by Frank Tuttle. Deft productions, each containing the same ingredients of wit and social charm, have followed each other like a string of sausages coming out of a hopper. This time a nobleman's servants, knowing that if they let him go bankrupt they will lose the money he owes them, form a corporation to save him from his creditors on condition that he marry an heiress they pick out for him. Once more Menjou, with slight movements of his hands, lips, and eyebrows, convinces you that laughter and humanity can exist under...
...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...