Word: butlin
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Dates: during 1960-1969
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Retirement was still five years away, but her admirers were already making plans for the old girl's sunset years. Britain's Holiday Camper Billy Butlin offered $2,800,000 to take her to Penzance, Land's End, Torquay-somewhere on the south coast of England. Cunard Chairman Sir John Brocklebank seemed to have the Caribbean in mind. Wherever she winds up, in Penzance as a floating Holiday Camp, or in the Caribbean as a luxury boatel, the Queen Mary, 26-year-old doyenne of the Cunard fleet, would be in good hands. And besides, getting there...
...Britain's Billy Butlin, 63, has built a hefty fortune giving vacationers more for their money: this year a million Britons will pay $42 each for a week of solid comfort and corny entertainment at one of eight Butlin's Holiday Villages. Now the ebullient Billy has decided to give Butlin Ltd.'s 26,000 shareholders more for their money, too. Under a 1948 agreement. Butlin and his ten co-directors were entitled to draw bonuses of $464,800 on 1961 profits of $7.8 million. Instead, Butlin and friends propose to take only...
...Explains Butlin: "The shareholders stood by us when times were tough, and we don't think we ought to take such a flipping great share of the profits now that they are looking up." Besides, most of the bonuses went for taxes...