Word: cosigners
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Dates: during 1964-1964
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...said Thompson, Baker told him about Magic. Thompson proposed a deal, and borrowed $110,000 from the First National Bank in Dallas to buy the company's stock. Bobby, said Thompson, did not cosign the loan, but he was to share equally in the profits or losses. Again the stock rose, and Baker cleared $21,000-without ever having invested a cent of his own money. Incredulous, the Senators wanted to know why Bobby had not been obliged to sign the note. "I just borrowed the money and had a gentleman's agreement with Bobby," said Thompson. "That...