Word: rented
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Dates: during 1940-1949
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Paint & Paper. And so he did. After months of tramping the streets, he found a ramshackle, three-story building that he thought he could afford to rent. He and his wife scrubbed it from top to bottom, then painted and papered it. Out of their thrifty life savings of $10,000 they equipped classrooms, dining room, kitchen, isolation ward and dormitories. Then they named the school Laradon Hall, after Larry and Donald...
Hardest hit were the concessionaires who rent clip-on sears built especially for the stadium. It's an off season for their 1000 slats of L-shaped wood, with a cushion or two glued to the sides...
Harvard could also, with a minimum of effort, guarantee athletes the same rent rating for four years. This would not mean free rooms; it would mean that a man could eliminate this one variable from his college budget and know just how much money would be needed beyond what he could earn in an outside...
Partly Moral, Partly Selfish. The Marquot workers live in pleasant cottages for which they pay the company a nominal rent, work in spotlessly clean factory buildings. There are hot and cold showers (available to wives & children on Saturday), a hospital, a library. Gustave Marquot, who inherited the 90-year-old family business last year, is a fairly typical member of Le Centre des Jeunes Patrons (Center of Young Employers), which is trying to build a brighter future for free enterprise in France. The Young Employers are against the predatory capitalism of the past, but they also want to keep France...
...sell & leaseback" deal was doubly advantageous. Yale would get a fairly sure tax-exempt income of 5.3% on its investment. Macy's would get its $4,500,000 out of dead brick & mortar into lively working capital, still have the use of the building. Since the rent is taxexempt, it is probably lower than Macy's would have to pay to a taxpaying owner...