Word: interests
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Dates: during 1960-1969
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...ignorance to make their own living. In a typical case, an illiterate woman came to Legal Aid because she had been tricked into putting up the deed to her home as security for $700 worth of household repairs. After the repairs were completed, a loan company claimed that with interest and other charges she actually owed $1,900. When the company threatened to take over her home, Bill Ide, one of the Legal Aid volunteers, promptly filed suit for his client. Charging contractor and loan company with a "fraudulent conspiracy," Ide asked for $25,000 in punitive damages. The claim...
...DEBENTURES are IOUs used to pay for companies. Like bonds, which they resemble, the debentures offer a fixed rate of return in interest. Usually the principal is repayable 25 years later, in two installments. Under that arrangement, recipients of debentures qualify for the so-called installment-sale tax provisions. If they swap shares in a target company for the conglomerate's deben tures, they pay no capital-gains tax on the deal until they get their money back in 25 years. Debentures are doubly attractive because they are generally convertible into common stock at an above-the-market price...
...Darwall is tired of going show after show and will only design Bonds of Interest this semester. He has branched out from a realistic style into an often impressionistic one. But he feels stuck there, wants to "pause and reevaluate," and is now taking a course with Eric Martin in set design toward that...
Cutler acted at Harvard, but then decided he liked designing better. But he maintained an "actor's attitude," picking shows carefully, with an interest in theatre rather than set-making for its own sake. Cutler eventually narowed his field down to Timothy Mayer's shows because "he [Mayer] runs a more interesting project...
THIS IS a down year for the Loeb, as far as techies go. It's not that there aren't any competent people, but there simply aren't enough, and shows are having trouble getting built. It already looks like Bonds of Interest will be shorthanded, and Poor Bitos' set didn't get finished for the opening. This is nothing new--Plebians had no set for its final dress rehearsal, although the parts were sitting in the Loeb shop (only to be rescued at the last minute by Peter Johnson, a revered set builder-designer, the day it opened...