Word: corals
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Dates: during 1950-1959
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Chain Store Scion Huntington (A. & P.) Hartford, 48, quietly mimeographed word that he has acquired the bulk of a coral isle in the Bahamas, just off the city of Nassau. On Philanthropist Hartford's program: to develop the place as a vacation paradise for "people of quality from all walks of life. There will be no automobiles, no roulette wheels, no honky-tonks." What "Hunty" Hartford wanted most to create was "an atmosphere of cultural enjoyment.'' It seemed a pity that his latest good work will be located on grounds that some may shun for esthetic reasons...
...milked it of millions. Chalk put up only $500,000 of his own money, borrowed $9,100,000, plus a $3,900,000 mortgage, to take over a company with a book value of $27 million. He started out by painting Washington's buses glaring green and coral, installed shapely stewardesses on streetcars, last summer rolled out 100 new buses (67 of them air-conditioned) in a downtown parade with four bands, bathing beauties, clowns, calypso dancers. Hoopla-and hustling service-paid off with free publicity and profits. Last year Chalk's D.C. Transit System, Inc. earned...
Today the limestone-and-coral islands from Grand Bahama to Great Inagua hold treasure beyond Teach's wildest dreams: the northeasterly breezes that blow across them are heavy with the sweet green smell of money. A single street-front foot of Nassau's shop-lined Bay Street on New Providence Island costs as much as $10,000; clubs, marinas, luxury cottages and the private pleasure domes of the Western world's wealthy nestle among the avocado trees from one end of the 750-mile, 673-island chain to the other...
...Oakes). He has laid out $3,500,000 on land improvement, and is building a $2,000,000 clubhouse that has already been paid for by the sale of more than fifty 1½-acre plots (top price: $75,000). Four miles from Taylor's project is the Coral Harbour Club, bankrolled to the tune of $2,000,000 by the widow and children of Coca-Cola Co. Director Lindsey Hopkins...
...Coral Gables...