Word: payments
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Dates: during 1950-1959
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Already facing a five-year stretch for evading payment of $28,532 in federal income taxes, Manhattan's Italian-born Gambler Frank Costello, floating loose on $50,000 bail, gingerly peeked at a suspicious Christmas greeting from New York State revenooers. If he expected the worst, he got it: a claim on Costello for a jarring $190,982.24 in unpaid state income taxes. Further robbing Costello of holiday cheer, the federals recently vetoed his plea to let him get out of town, thus cancelled his annual pilgrimage to Hot Springs, Ark., where he might have shaken off his perennial...
...David Buick. In 1905, Billy Durant capitalized Buick for a staggering $10 million, three years later tried to corner the auto manufacturing business. (Henry Ford agreed to sell for $8,000,000, but at the last minute Durant's bankers backed away from the $2,000,000 down payment.) Durant settled instead, in 1908, for a combine that included Buick, Oldsmobile, Cadillac, Northway and Oakland, and called it the General Motors Co. Detroit called it "Durant's folly" until, in 1910, G.M. sold $34 million worth of automobiles and netted $10.5 million (since it was before taxes, literally...
...monastery, saying for himself: "True riches consist in being contented with little." Florence's prosperous Guild of Flaxworkers took a more businesslike attitude. Their contract specified that their three-paneled painting be done "inside and out with gold, blue and silver of the best and finest." In payment they offered Fra Angelico "one hundred and ninety gold florins for the whole and for his craftsmanship, or for as much less as his conscience shall deem it right to charge...
...would be "ruinous to the health" of that area. Although he did not mention the U.S. by name, it was a clear reference to the recent sale of U.S. surplus wheat to Brazil. Said he, "The offer of those raw materials for soft or local currencies on long-payment terms...
...women and children were ruthlessly killed by a troop of Mormons. The Civil War interrupted the Federal Government's prosecution of the case, involving 36 suspects, and by the time the war was over, the Government was ready to compromise and accept one Mormon head in token payment. Brigham Young chose Lee. In 1870, Lee was excommunicated from the Mormon Church. Insulted with impunity, he still kept his chin up, and when Bishop Roundy "shook hands & said, You are [now] as Rough as an old Grisley, I replied . . . Every Dog will have his day & a Bitch two afternoons...