Word: unpaid
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...needed a transfusion. The best way to get it, apparently, was to merge G.C.F. with Rank's profitable Odeon Theatres, Ltd, an exhibiting company (TIME, Dec. 8). By the merger, Odeon (which is Rank-controlled but partly owned by public stockholders) will shoulder a ?1.1 million debt for unpaid dividends on G.C.F.'s preferred stock and the job of raising another ?2 million needed to continue production on the 44 pictures scheduled for next year...
...week at Harlem's Lafargue Clinic. The doctor-famed Psychiatrist Frederic Wertham (TIME Feb. 18, 1946). Dr. Wertham's clime, launched without a cent of backing 21 months ago, is little richer than when it started, but it has become an impressive, going concern. Its staff, all unpaid includes 14 psychiatrists, 12 topflight social workers, a dozen other specialists and clerical workers...
...horde of patients. Result: most voluntary hospitals in the city went deeply into the red (e.g., the immense New York Hospital had an operating deficit of $1,540,115). Even after drawing on endowment and gifts, the city's 89 hospitals wound up with $2,400,000 in unpaid bills...
...sentimental choice. St. John Ervine's Irish melodrama about rape, murder and an unpaid mortgage was the Guild's first hit 28 years ago, pulled the fledgling producers into the black at a time when they were down to their last $19.50. For news of another Ervine play, see THEATER...
Inauguration of a drive to collect $10,000 in unpaid pledges to the Council Service Fund was also announced at the meeting by treasurer Ray A. Goldberg '48, as appeals mailed today will coincide with an entry-by-entry canvass...