Word: ricketson
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Dates: during 1940-1949
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Details of the deal were simple. Along with three other top managers of National Theaters (Elmer C. Rhoden, Harold J. Fitzgerald, F. H. Ricketson, Jr.), Skouras was allowed in 1944 to buy a fair-sized interest ($565,000) in the company as "incentive." The incentive worked well for all concerned-including National Theater's stockholders. Net profits have been increasing steadily, would be more than doubled this year according to the rate of earnings for the first five months...