Word: loaned
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Dates: during 1950-1959
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With only $1,000, borrowed on his car, young (27), hustling Leslie B. Nelson started building houses in Santa Barbara, Calif. after the war. With another loan, of $17,500, he built more than $4,500,000 worth of medium-priced houses, but he wasn't satisfied. He thought house prices too high. "No business," he complained, "has progressed slower than building...
Herter's voting record in the House of Representatives, on the other hand, has not been encouraging either. He has voted against Home Owners Loan Corporation, public housing, strong anti-inflation controls and rent controls. Yet while in the Massachusetts House, he was one of the first backers of the state's Unemployment Compensation Law, and in Congress he voted for slum clearance, Federal F.E.P.C., and extension of Social Security...
...have our furniture. We have no stocks and bonds of any type. We have no interest of any kind, direct or indirect in any business. I owe $4,500 to the Riggs Bank in Washington ... I owe $3,500 to my parents . . . and then I have a $500 loan ... on my life insurance...
...average contribution was around $250. The biggest was $1,000 by a retired Pasadena businessman. The names resembled a Who's Who of Southern California business, included Oilman Earl Gilmore, President P. G. Winnett of Bullock's department store, President Joe Crail of the Coast Federal Savings & Loan Association, Manufacturer K. T. Norris, Charles S. Howard, wealthy heir to an automobile fortune and socialite turfman, three members of the wealthy Los Angeles Rowan real estate family, and Civil Engineer Herbert Hoover...
McCarthy had a typical solution. He arranged a sizable loan from Dallas Rupe & Son's investment firm, and planned expansion into other Houston areas, and possibly other cities...