Word: debt
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Dates: during 1950-1959
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...under which the Edgmon boys collected their damages was not passed until 1946. The Army actually billed Dick Reams's mother for hospital expenses which she was unable to pay. Soldiers at the hospital to which Dick was taken finally collected enough money to satisfy the debt...
...Valle confessed an extraordinary story: deep in debt, he had wanted to commit suicide by blowing up the plane. After first trying to get a dupe to take his place, he decided to kill himself in a way that would look accidental, so that his family could collect $100,000 insurance...
...Miami might have been born big and grandiose. Its founders, a group of Coral Gables plungers, wanted it to look like a bit of old Seville-"a triumph of Spanish architecture." Instead, with its founders financially crippled by crash and hurricane, the university opened with a $500,000 debt. Its great administration building remained only a skeleton; its one usable building was an abandoned, half-finished hotel, which was fixed up with beaverboard partitions to accommodate classes. President Ashe himself had to borrow on his own insurance policies to help pay professors' salaries, and Zoologist Pearson had to build...
After six years of scrimping and saving, going into bankruptcy and buying himself out again, Ashe got rid of his debt. By 1936, he had managed to buy up 59 acres, collect 1,000 students. Then, during the war, the university suddenly began to boom. R.A.F. trainees and G.I.s were sent there by the thousands. After them came hordes of veterans. With a $5,000,000 loan from FHA, Ashe started creating the campus he had always dreamed of. In 1947, he opened the streamlined Memorial Classroom Building-the first real building the university had ever...
University finance officials took a dim view of Brown's spring lark, and promptly provided him with a police escort to Dean Watson's office. Watson, conversant with fiduciary matters, gracefully accepted the silver dollars, explaining: "Refusal to accept legal lender in discharge of a debt would make that debt null and void...