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...Hard-pressed Northeast Airlines faced the loss of six jetliners and nine turboprop planes. General Dynamics Corp. and Vickers-Armstrongs Ltd. moved to repossess their planes after a CAB examiner recommended that Northeast be refused a permanent certificate to fly the Miami-New York run. Without this route, most airline experts feel, Northeast has next to no chance of survival. Through his attorneys, elusive Industrialist Howard Hughes, who controls Northeast, began intense negotiations to stall off Vickers and General Dynamics until he can line up other planes to keep Northeast flying. He obviously hopes to find a merger partner...

Author: /time Magazine | Title: Aviation: Blocking Air Mergers | 6/28/1963 | See Source »

...these retailers may be motivated by genuine solicitude for a man who has fallen on bad times. But many are taking calculated advantage of the fact that no bankrupt can go bankrupt again for six years. This means that in case of default, they can garnishee his salary (or repossess the purchase) without danger of being frustrated by a new bankruptcy action or forced to settle for a fraction on the dollar. In Chicago, where personal bankruptcy cases have risen from 1,048 in 1952 to 9,832 last year, the newly bankrupt is likely to be flooded with form...

Author: /time Magazine | Title: Customs: Making Bankruptcy Pay | 2/22/1963 | See Source »

...flinty, greedy. God-bedeviled, lust-maddened Cabot clan and its internecine struggle over the family farm. To possess it. the sons wish their father dead, brother plots against brother, a young woman marries a fanatical old man, seduces his son to obtain an heir, and murders the infant to repossess the son's love. George C. Scott plays the fire-breathing old father Ephraim with monomaniacal force. As the woman, Colleen Dewhurst achieves a masterly transitional shading between feline will and wiles and the whole-souled vulnerability of love. Son Eben is played by Rip Torn, who unfortunately adopts...

Author: /time Magazine | Title: Theater: Suffocated Souls | 1/18/1963 | See Source »

Recently, our Subscription Service Department in Chicago received an appeal from Subscriber Russell Stetson of Sharon, Mass. He wrote: "Could you help me repossess a watch which is probably now in possession of a part of your organization? I will then be able to look...

Author: /time Magazine | Title: Publisher's Letter, Jun. 13, 1955 | 6/13/1955 | See Source »

...except for a monthly visit to his theater. Next day he sends cryptic memos to the directors. He still manages to keep his musical empire humming, brings eminent Western concert stars to the town (e.g., Singers Marian Anderson and Helen Traubel, Violinist Yehudi Menuhin). Early this year, he will repossess Takarazuka's Tokyo branch, which the occupation forces had turned into the famed Ernie Pyle movie theater. Last week the old showman ventured forth to take in a special show with a Christmas finale. Sample lyric...

Author: /time Magazine | Title: Music: Honorable Rockettes | 1/3/1955 | See Source »

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