Word: upkeeper
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...eight years the Princeton budge has risen seven and one-half million dollars; in 1946 the school's budge was five an done-half million. Almost 75 percent of the present budget is devoted to teaching and research expenses. The remaining 25 percent is split between upkeep, athletic expenses, and scholarship funds...
...wait for the invitations to pour in. During a mad period of flowering that lasts for three months, her mornings are spent in beauty sleep, her afternoons and evenings at a never-ending round of teas, dinners and balls, her nights at nightclubs. A shrewd father can cut the upkeep for the season down to as low as ?1,000, but many a deb runs up the tabs to well over...
Fretting over how posterity would remember him, the late George Bernard Shaw left his country cottage at Ayot St. Lawrence to a national trust in the hope that the place would survive him as a shrine. But he left not a shilling for its upkeep. For a year after G.B.S.'s death in 1950, visitors came in swarms at two bob a head, and made the place selfsupporting. But as memories of Shaw faded, so did attendance. Last week the trustees announced that the Ayot cottage, not hallowed enough to pay its own way as a monument, will...
Company planes are not all savings, however, and businessmen seldom like to talk about their upkeep. Operating costs for a company plane, in the air 600 hours a year, can run as high as 65? a passenger mile v. an average 5½? on commercial flights. The cost can be much higher if a corporation does not dispatch the plane with all the care of a commercial airline, making sure it is in constant use. But businessmen can cite other kinds of economy, such as the case where a salesman, flown direct to a customer in a company plane, signed...
Last month, for example, Wolanow bought the Edgemont Manor in Los Angeles for $445,000, paying a little less than half in cash, the rest with a 5% mortgage. Upkeep runs $42,600 a year and gross income $84,000. The income would be taxable except that Sacha can deduct his depreciations, e.g., 5% yearly of the building valued at $250,000, and 20% on the furniture valued at $150,000. The total yearly depreciation adds up to $42,500, every penny of it deductible from income and all taxfree. After a few years, when the furniture is depreciated...