Word: dealing
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Dates: during 1940-1949
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...good deal of the Medical School's future will depends upon the outcome of the dean's drive. The School would be very reluctant to slash down its grand research show, but it might come to that. You just can't keep paying out more than you take in and still have everything...
...Rico. Only Connie Hilton had the graciousness to start off his reply in Spanish: "Mi estimado amigo." His esteemed friends in Puerto Rico were so overwhelmed by this friendly tone-and by the Hilton name-that they decided to build the $6,500,000 hotel for Connie Hilton. The deal is a friendly...
...didn't see how you could lose money," he says. "And I had to establish myself in New York. I could borrow money from my Texas friends to buy a small hotel, but only in New York could I get the millions I wanted to swing the deals I had in mind." The first deal looked too good to Hilton. The famed Ritz Hotel was offered to him for $700,000 and he turned it down. Said he: "I thought they were just taking advantage of a fellow from out West." (They weren't; Hilton now regretfully estimates...
Murderer at Large. Freckle No. 2 was Fort Worth's 80-room Melba ($28,000); No. $ was Hilton's first Waldorf-in Dallas-which he bought with the help of a syndicate of friends. In deal No. 4, he bought Fort Worth's Terminal Hotel with two partners and learned that there were more dangers for a hotelman than the complaints of dissatisfied guests. One of his partners, D. E. Soderman, thought he was being cheated, stalked down the third partner and shot him dead. When Soderman got out of jail, he phoned Hilton and asked...
Shortly after, Hilton decided that Dallas needed a new hotel-and he built it by a fabulous deal that Dallas still recalls with wonder. He started by persuading George Loudermilk, an ex-undertaker and a large landholder, to give him a 99-year lease on some Dallas property he owned. Then he used the leased land as collateral for a $500,000 bank loan. Hilton put up $100,000 of his own money, and raised $200,000 from friends. He needed another $150,000, and he borrowed it from the contractor who was to build the hotel. Then...