cd52e617Partial suspension
Other: State superintendent ordered a seven-day suspension; checks presented were honored but sent to the clearing house; bank later placed in liquidation and receivers appointed.
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HOLLYWOOD BANK CLOSES Hollywood. Cal. Dec. 8 (UP) The Bank of Hollywood. which handles the account. of many film stars was ordered closed today by the state banking commissioner. An angry crowd gathered in front of the bank. situated at Hollywood and Vine streets, in the heart of Hollywood, as the closing notice was posted. It was learned that a run started on the bank several days ago and a number of prominent film figures withdrew accounts Saturday.
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Press Time Bulletins HOLLYWOOD BANK ORDERED CLOSED HOLLYWOOD, Dec. 8.-The Bank of Hollywood which handles the accounts of scores of film stars was ordered closed Monday by Will C. Wood, state superintendent of banks. The bank was ordered closed for a period of seven days, which it will be given the opportunity to work out its financing problems. G. R. Dexter, president, announced. Dexter declared the "timidity of depositors in these su essing times started a slight run on the bank"
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BANK CLOSES Hollywood, Cal., Dec. Bank of Hollywood, which handles the accounts of many film stars, ordered closed today by the State Banking learned that run started the bank several days number of prominent figures withdrew accounts Saturday.
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Hollywood Bank Ordered Closed (UP) The Bank of Hollywood, which handles the accounts of scores of film stars, was ordered closed today by Will C. Wood, state banking commissioner. An angry orowd gathered in front of the bank, situated at Hollywood and Vine streets. in the heart of Hollywood, as the notice of the closing was posted. It was learned that run started on the bank several days ago. A number of prominent film figures withdrew accounts Saturday According to American Maineists' Association. the average life nine months, TIMES WANT ADS GET RE-
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Hollywood Bank is Closed for Days Result of Run Dec. Bank of Hollywood, which handles the accounts of scores of film stars, was ordered closed today by Wood, stage banking commissioner. An angry crowd gathered front of the bank situated at Hollywood and Vine streets. in the heart of Hollywood, as the notice of the closing was posted. It was learned that run starton the bank several days ago. number if prominent film figures withdrew accounts Saturday. The bank was ordered closed for period of seven days during which it will be given the opportunity to work out its financing problems, G. R. Dexter, president, announced. Dexter declared the "timidity of depositors in these stressing times started slight run on the bank."
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Bank of Doors Are Closed Dec Bank which handles the accounts film stars. ordered closed day by Will state superintendent of banks. An angry crowd gathered front of the bank, situated Hollywood and Vine streets. the heart of as the notice closing The statement, signed by read: accordance with section 136 the bank act the State California have taken the bank and Bank of Hollywood was learned that the bank several days number of prominent film
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trine Dr. said, allegiance plans, BANK our party loyalties, they betrayed by platform builders political leaders, who, for example, would rather be wet president CLOSES WHEN RUN "We meet to repeat what all informed and thoughtful men know. not not be and that nullified." AFFECTS SECURITY dry would at tempt militant produring their meetings of gram next three was given out Angry Depositors Swarm Near lowing five-hour of the Building After State Takes cil late that subject of Action national prohibition would be brought up for open disDec. Dr. Landrith said "there was Ban kof Hollywood closed its in such proposi- doors to-day tion" spoken the the demeeting. Similiarly an mands of run of several days' unanimous vote recordagainst meeting Saturday The closing was described the committee of the Will National Association Organiza- banking tions Supporting the bank will closed for liquidawhich Wed- tion unless an acceptablep for Amendment, forthcoming in the next Wood's order of closing affected bank Widow Cleared Vine Streets, the heart of Hollywood, the single Streets. Many the motion picture In L. A. Garret at the its branch. An crowd gathered bank, situated HolLove Murder and Vine Streets in lywood of the notice closing statement, signed by Wood. Charges Against Mrs. Oestersection 136 reich In Eight-Year-Old the bank the state California have taken Case Dismissed the property of the learned that started LOS the several days Murder charges against Mrs. humber of prominent figures ing her husband, Fred. years The was closed for during action was will the district office. which admitted Dexter, had any dence the Dexter declared the "timidity of depositors in times able agree started slight run on the bank the contended all presented that shortly bank after he returned from party not the his ing house appearance of Otto Sanhuas preferred Mrs the bank who lived in have had under period was have led which matters out during ended in death. course Dexter tried for found bank conferred limitation he and forced any that should
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Hollywood Bank Closes As Actors Take Money Hollywood, Cal., Dec. 8-(U.P.) The Bank of Hollywood, which handles the accounts of scores of film stars, was ordered closed today by Will C. Wood, state banking commissioner. An angry crowd gathered in front of the bank, situated at Hollvwood and Vine streets, in the heart of Hollywood, as the notice of the closing was posted. It was learned that run started on the bank several days ago. A number of prominent film figures withdrew accounts Saturday.
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PICTURE ACTORS Bank of Hollywood Closed Up by the State Banking Department-Angry Crowd Gathers HOLLYWOOD, December (LP)-The Bank of Hollywood, where many movie actors keep their accounts, was closed this morning by the state banking department. An angry crowd gathered about the building. recent run started against the bank caused it to close for seven days give it an opportunity to solve its financial problem.
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Wood Orders Bank In Film Colony Closed HOLLYWOOD. Dec. 8, (UP)The Bank of Hollywood, which handles the accounts of scores of film stars, was ordered closed today for period of seven days by Will C. Wood. state superintend ent of banks, during which it will be given an opportunity to work out its financing problems. G. R. Dexter, president, declared "timidiay of depositors in these pressing times started a slight run on the bank." Mr. and Mrs. R. E. Elliott and daughter, Maxine, left for Visalia Saturday night, where they will make their home.
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ORDERS DOORS CLOSED WEEK Superintendent Special, Not General Conditions ALLOWS SEVEN DAYS Institution's President Lays Run To Timidity of Depositors HOLLYWOOD. Dec. Bank of Hollywood closed its doors today when unable tinue meeting the heavy demands of run several duration. The closing described "temporary Will Wood, of banks, said the bank will be closed for liquidation unless an acceptable plan for forthcoming in the next seven days. order closing affected the main bank and Vine street, the heart Hollywood, and the single branch Santa Monica and Vine streets. Many of the motion picture stars accounts the bank and its branch. Situation Sound Wood issued formal statement explaining his act closing bank. the same time he said the banking situation in Los Angeles and Hollywood was fundamentally sound. His statement follows: inability of the Bank of Hollywood to checks drawn upon make incumbent upon of banks the bank today. hold possession until plan for and re-opening banks presented, no such presented week, the bank will be placed on liquidation. Less Than "The total assets of the Bank than They less than one-fourth of per cent of the total banking assets the Los Angeles community. The closed institution being of the smaller banks. The due the inability the bank liquidate its assets enough to meet of funds. Los Angeles banking situation sound. Most the banks carrying larger cash today than ever before their history. The closing of the Bank Hollywood due special which, aware, do not reflect integrity of anyone with the bank. Dexter Optimistic Dexter, president of the bank, declared the "timidity of positors these stressing times started slight run on the Although all checks presented the bank Saturday were honored, they were sent to the clearing house, Dexter said, because that preferred the bank. have had under for some time build up our plus, confident that matters out during the course of the week." Dexter said. Posts Notice The and Loan of stock holders also the Bank Hollywood. posted during the day that it would exercise its 30 days notice of withdrawal of counts. This action was taken, it said, the association. The 30-day provision permitted by law but seldom exercised.
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HOLLYWOOD BANK OFFICIALS HOPE as TO REOPEN SOON HOLLYWOOD, Calif., Dec. 9. (U.P.) Officials of the Bank of Hollywood were working today to liquidate assets of the bank sufficiently w permit it to reopen next week au the end of a seven day period of suspension imposed by Will C. Wood, state superintendent of banks. Wood described the closing as temporary in the event that an acceptable plan of reorganization is announced. If such a plan cannot be found, he said, and liquidation becomes necessary, there will be little if any loss to depositors and stockholders. A "whispering campaign" against the bank resulted in heavy withdrawals last Friday and Saturday. G. R. Dexter, president, declared. All checks presented. he added, were honored, but the bank was closed yesterday morning upon Wood's order because it was impossible to liquidate the assets rapidly enough to meet the withdrawals. The Bank of Hollywood, one of the smaller institutions of the city, represents in assets less than onefourth of one per cent of the total assets of Los Angeles banks, Wood said. He added that the bank had resources of $4,023,020 and deposits of $3,523,000. He did not question the integrity of anyone connected with the institution.
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HOLLYWOOD, Calif., December 9 (N.A.N.A.).-When a group of several hundred . people gathered about the Bank of Hollywood yesterday morning, staring dully at its closed doors, the realization came that Christmas may not be all beer and skittles for some members of the colony this year. Among them were "extras" of the village-bit players and those gamblers with fate who play a day whenever the scene calls for a mob. They average in the main two days a week if they are lucky and the studios are running full tilt. In hard times they're likely to hit a lower average. They get $5 a day, and when a windfall comes-which means steady extra work through the of a picture-they do not enlarge their meager way of living but hoard their pennies for a run of bad luck. The run of bad luck hit both them and the bank on Saturday afternoon. when a rumor went about which caused a run of sorts. In a week's time the institution may open again-if a means of financing it successfully can be studied cut. But, C', the host of little tragedies behind this story! The life of an extra is often an epic of coffee and doughnuts, with a ham sandwich or a hamburger occasionally by way of celebration. It means of late times that their histrionic ambitions are varied by little excursions into window washing, house cleaning, errand running or such part-time employment as they can secure. The life of an extra often means a heavy heart under artificially lightened hair-hope eternal, unquenchable ambition at first, and after a few years in the mob a gentle fading of ambition into something akin to complete anesthesia. In such lives the hazard of existence becomes its only thrill. But the safety of food with less exciting and colorful employment is out of the question to the professional extra. He must have his art, his long interval of idleness and his chance to talk and grouch with h cronies. He's often put to the extremity of nickel hunting alon- the public telephone booths. Coffee and sinker money
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By SIDNEY SKOLSKY. To Make a Long Story Short HERE is a great difference between a night club audition and an audition for a musical comedy. I learned this myself only Saturday night at the Club Abbey. I have seen many auditions for musical comedies. The performer is taken to the theatre by her manager. The producer sits in the orchestra and watches the performer work. The poor performer looks out at the empty theatre and sings her heart out. It is very discouraging to work before rows of empty seats; never to see a smiling face or hear some applause. After several numbers the producer will say, "That's enough. Thank you." The young lady then leaves the stage with her accompanist, not knowing whether she is to be hired or not. The producer and the performer's agent go into a huddle. I have often wondered how the agent breaks the news to her, if it is bad news. In a night club it is different. Last Saturday night Jean Malin made an ann uncement: "I have a great surprise for you folks tonight," he said. "A new sensational act from Paris, Eugine le Sieur." Le Sieur went on. and strangely enough proved to be a sensation. He has an original and entertaining act. After he finished his number I went over to Arkie Schwartz. the manager of the club. "What's that guy's name?' I asked. "He's marvelous and I want to write something about him." Arkie told it to me. "He's good, isn't he," Arkie added. "That was just an audition we gave him. Now I'm going back to hire him." Quinn Martin, who quits being a motion picture critic on January 10 and joins the Fox staff of scenario writers, sent out the following statement: "My first month in wood will be devoted to the business of offering gentle apologies to all the actors who, in the years of my critical activities, have seemed to me to be ham. This may even require two months." "I MET a dress manufacturer." writes Hy Goldstein, "who seemed to be in one great sweat. 'What's the rush,' I asked him. 'Don't tell me you're busy.' "Busy,' he replied, 'Say, I've never been so busy in my life. 1 get down at 8 in the morning, grab only a sandwich for lunch and never get home before ten at night.' "That's a bright piece of news, I interrupted, 'I'm tickled to hear your bu mess is going great guns. "Business" He looked at me digustedly. 'Business? Who said anything about business being good. I'm busy with creditors All you book lovers may like to know that "Grand Hotel" will be the Book-of-the Month Club's selection for February. A lady who returned from Hollywood told a sidelight about the Bank of Hollywood. which had one of those runs. "The Bank of Hollywood." she said, "didn't have figures stating their resources and deposits printed on the window where it could be seen. Instead the bank featured 'stills' of the latest pictures in the window, and pictures of prominent stars who were REDIT The New Yorker with this very amusing Hollywood yarn. It concerns one of those authors who had a contract but no work to do. The company let him sit around doing nothing, thinking he would get angry and tear up his contract. The author, however, was quite content to sit quietly in a room and get $600 every week. Finally the company began to demand humiliating thing of him. Once he was sent for and asked to conduct some people around the studios. The author at first refused, but when told that his refusal was tantamount to breaking his contract, he consented. The guests. it turned out, were stockholders in the movie company. Everything went all right till some one in the party asked what a certain big building was for. "0, that," said the author, "that is where the company stores the films it makes which are no good." You mean that whole building is filled with wasted films?" demanded one of the apprehensive stockholders. "Yes, indeed." replied the author. "And not only that one, but those two new buildings you see over there are to be used for the same puopose." "Why," exclaimed one of the visitors nervously, "that must represent a loss of hundreds of thousands of dollars." "Hell," said the author, "millions! But you must know that this film company doesn't care about money. It does everything on a big scale. Why, take me. I'm the highest-paid guide in the world. I get $600 a week just to show visitors around."
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Behind By SIDNEY SKOLSKY. To Make a Long Story Short THERE is a great difference between a night club audition and an audition for a musical comedy. I learned this myself only Saturday night at the Club Abbey. I have seen many auditions for musical comedies. The performer is taken to the theatre by her manager. The producer sits in the prehestra and watches the performer work. The poor performer looks out at the empty theatre and sings her heart out. It is very discouraging to work before rows of empty seats; never to see a smiling face or hear some applause. After several numbers the producer will say, "That's enough. Thank you." The young lady then leaves the stage with her accompanist, not knowing whether she is to be hired or not. The producer and the performer's agent go into a huddle. I have often wondered how the agent breaks the news to her, if it is bad news. In a night club it is different. Last Saturday night Jean Malin made an announcement: "I have a great surprise for you folks tonight, he said. "A new sensational act from Paris, Eugine le Sieur." Le Sieur went on. and strangely enough proved to be a sensation. He has an original and entertaining act. After he finished his number I went over to Arkie Schwartz. the manager of the club. "What's that guy's name?" I asked. "He's marvelous and I want to write something about him." Arkie told it to me. "He's good, isn't he?" Arkie added. "That was just an audition we gave him. Now I'm going back to hire him." Quinn Martin, who quits being a motion picture critic on January 10 and joins the Fox staff of scenario writers, sent out the following statement: "My first month in Hollywood will be devoted to the business of offering gentle apologies to all the actors who, in the years of my critical activities, have seemed to me to be ham. This may even require two months." "I MET a dress manufacturer," writes Hy Goldstein, "who seemed to be in one great sweat. What's the rush?' I asked him. 'Don't tell me you're busy. "Busy? he replied, 'Say, I've never been so busy in my life. I get down at 8 in the morning. grab only a sandwich for lunch and never get home before ten at night.' 'That's a bright piece of news,' I interrupted. 'I'm tickled to hear your business is going great guns. ""Business" He looked at me digustedly. 'Business? Who said anything about business being good. I'm busy with creditors meetings. All you book lovers may like to know that "Grand Hotel" will be the Book-of-the Month Club's selection for February. lady who returned from Hollywood told a sidelight about the Bank of Holly wood. which had one of those runs. The Bank of Hollywood. she said, "didn't have figures stating their resources and deposits printed on the window where it could be seen. Instead the bank featured 'stills' of the latest pictures in the window, and pictures of prominent stars who were REDIT The New Yorker with this very amusing Hollywood yarn. It concerns one of those authors who had a contract but no work to do. The company let him sit around doing nothing, thinking he would get angry and tear up his contract. The author. however, was quite content TO sit quietly in a room and get $600 every week. Finally the company began to demand humiliating things of him. Once he was sent for and asked to conduct some people around the studios. The author at first refused, but when told that his refusal was intamount to breaking his contract. he consented. The guests, it turned out, were stockholders in the movie company Everything went all right till some one in the party asked what a certain big building was for. "0, that," said the author. "that is where the company stores the films it makes which are no good." You mean that whole building is filled with wasted films demanded one of the apprehensive stockholders. "Yes, indeed." replied the author. "And not only that one. but those two new buildings you see over there are to be used for the same puopose.' "Why," exclaimed one of the visitors nervously, "that must represent a loss of hundreds of thousands of dollars." "Hell." said the author. "millions! But you must know that this film company doesn't care about money. It does everything on a big scale. Why. take me. I'm the highest-paid guide in the world. I get $600 a week just to show visitors around.
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By SIDNEY SKOLSKY. To Make a Long Story Short THERE is a great difference between a night club audition and an audition for a musical comedy. I learned this myself only Saturday night at the Club Abbey. I have seen many auditions for musical comedies. The performer is taken to the theatre by her manager. The producer sits in the orchestra and watches the performer work. The poor performer looks out at the empty theatre and sings her heart out. It is very discouraging to work before rows of empty seats; never to see a smiling face or hear some applause. After several numbers the producer will say, "That's enough. Thank you." The young lady then leaves the stage with her accompani t. not knowing whether she is to be hired or not. The producer and the performer's agent go into a huddle. I have often wondered how the agent breaks the news to her, if it is bad news. In a night club it is different. Last Saturday night Jean Malin made an announcement: "I have a great surprise for you folks tonight,' he said. "A new sensational act from Paris, Eugine le Sieur." Le Sieur went on, and strangely enough proved to be a sensation. He has an original and entertaining act. After he finished his number I went over to Arkie Schwartz, the manager of the club. "What's that guy's name? I asked. "He's marvelous and I want to write something about him." Arkie told it to me. "He's good, isn't he?" Arkie added. "That was just an audition we gave him. Now I'm going back to hire him." Quinn Martin, who quits being a motion picture critic on January 10 and joins the Fox staff of scenario writers, sent out the following statement: "My first month in Hollywood will be devoted to the business of offering gentle apologies to all the actors who, in the years of my critical activities, have seemed to me to be ham. This may even require two months." MET a dress manufacturer," writes Hy Goldstein, "who seemed to "I be in one great sweat. 'What's the rush?' I asked him. 'Don't tell me you're busy. I "Busy? he replied, 'Say, I've never been so busy in my life. get down at 8 in the morning, grab only a sandwich for lunch and never get home before ten at night.' "That's a bright piece of news,' I interrupted, 'I'm tickled to hear your business is going great guns. Business!" He looked at me digustedly. 'Business? Who said anything about business being good. I'm busy with creditors meetings All you book lovers may like to know that "Grand Hotel" will be the Book-of-the Month Club's selection for February. \ lady who returned from Hollywood told a sidelight about the Bank of Hollywood. which had one of those runs. "The Bank of Hollywood," she said, "didn't have figures stating their resources and deposits printed on the window where it could be seen. Instead the bank featured 'stills' of the latest pictures in the window, and pictures of prominent stars who were depositors. REDIT The New Yorker with this very amusing Hollywood yarn. It concerns one of those authors who had a contract but no work to do. The company let him sit around doing nothing, thinking he would get angry and tear up his contract. The author, however, was quite content to sit quietly in a room and get $600 every week. Finally the company began to demand humiliating things of him. Once he was sent for and asked to conduct some people around the studios. The author at first refused, but when told that his refusal was tantamount to breaking his contract, he consented. The guests, it turned out, were stockholders in the movie company. Everything went all right till some one in the party asked what is certain big building was for. "0, that," said the author, "that where the company stores the films it makes which are no good." "You mean that whole building is filled with wasted films? demanded one of the apprehensive stockholders. "Yes, indeed," replied the author. "And not only that one, but those two new buildings you see over there are to be used for the same puopose." "Why," exclaimed one of the visitors nervously, "that must represent a loss of hundreds of thousands of dollars." "Hell." said the author, "millions! But you must know that this film company doesn't care about money. It does everything on a big scale. Why, take me. I'm the highest-paid guide in the world. I get $600 a week just to show visitors around."
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By SIDNEY SKOLSKY. To Make a Long Story Short THERE is a great difference between a night club audition and an audition for a musical comedy. I learned this myself only Saturday night at the Club Abbey. I have seen many auditions for musical comedies. The performer Is taken to the theatre by her manager. The producer sits in the orchestra and watches the performer work. The poor performer looks out at the empty theatre and sings her heart out. It is very discouraging to work before rows of empty seats; never to see a smiling face or hear some applause. After several numbers the producer will say, "That's enough. Thank you." The young lady then leaves the stage with her accompanist, not knowing whether she is to be hired or not. The producer and the performer's agent go into a huddle. I have often wondered how the agent breaks the news to her, if it is bad news. In a night club it is different. Last Saturday night Jean Malin made an announcement: "I have a great surprise for you folks tonight, he said. "A new sensational act from Paris, Eugine le Sieur." Le Sieur went on, and strangely enough proved to be a sensation. He has an original and entertaining act. After he finished his number I went over to Arkie Schwartz. the manager of the club. "What's that guy's name?" I asked. "He's marvelous and I want to write something about him." Arkie told it to me. "He's good, isn't he?" Arkie added. "That was just an audition we gave him. Now I'm going back to hire him." Quinn Martin, who quits being a motion picture critic on January 10 and joins the Fox staff of scenario writers, sent out the following statement: "My first month in Hollywood will be devoted to the business of offering gentle apologies to all the actors who, in the years of my critical activities, have seemed to me to be ham. This may even require two months. "I MET a dress manufacturer," writes Hy Goldstein, "who seemed to be in one great sweat. 'What's the rush?' I asked him. 'Don't tell me you're busy.' Busy he replied, 'Say, I've never been so busy in my life. I get down at 8 in the morning, grab only a sandwich for lunch and never get home before ten at night.' 'That's a bright piece of news. I interrupted, 'I'm tickled to hear your business is going great guns.' Business!" He looked at me digustedly. 'Business? Who said anything about business being good. I'm busy with creditors meetings. All you book lovers may like to know that "Grand Hotel" will be the Book-of-the Month Club's selection for February. \ lady who returned from Hollywood told a sidelight about the Bank of Holly wood. which had one of those runs. "The Bank of Hollywood," she said, "didn't have figures stating their resources and deposits printed on the window where it could be seen. Instead the bank featured 'stills' of the latest pictures in the window. and pictures of prominent stars who were REDIT The New Yorker with this very amusing Hollywood yarn. It concerns one of those authors who had a contract but no work to do. The company let him sit around doing nothing, thinking he would get angry and tear up his contract. The author, however, was quite content to sit quietly in a room and get $600 every week. Finally the company began to demand humiliating things of him. Once he was sent for and asked to conduct some people around the studios. The author at first refused. but when told that his refusal was tantamount to breaking his contract, he consented. The guests. it turned out, were stockholders in the movie company. Everything went all right till some one in the party asked what a certain big building was for. "0, that." said the author. "that is where the company stores the films it makes which are no good." You mean that whole building is filled with wasted films demanded one of the apprehensive stockholders. "Yes, indeed." replied the author. "And not only that one. but those two new buildings you see over there are to be used for the same puopose." "Why," exclaimed one of the visitors nervously, "that must represent a loss of hundreds of thousands of dollars." "Hell." said the author, "millions! But you must know that this film company doesn't care about money. It does everything on a big scale. Why, take me. I'm the highest-paid guide in the world. I get $600 a week just to show visitors around."
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By SIDNEY SKOLSKY. To Make a Long Story Short THERE is a great difference between a night club audition and an audition for a musical comedy. I learned this myself only Saturday night at the Club Abbey. T have seen many auditions for musical comedies. The performer is taken to the theatre by her manager. The producer sits in the orchestra and watches the performer work. The poor performer looks out at the empty theatre and sings her heart out. It is very discouraging to work before rows of empty seats; never to see a smiling face or hear some applause. After several numbers the producer will say, "That's enough. Thank you." The young lady then leaves the stage with her accompanist, not knowing whether she is to be hired or not. The producer and the performer's agent go into a huddle. I have often wondered how the agent breaks the news to her, if it is bad news. In a night club it is different. Last Saturday night Jean Malin made an announcement: "I have a great surprise for you folks tonight,' he said.N"A new sensational act from Paris, Eugine le Sieur." Le Sieur went on. and strangely enough proved to be a sensation. He has an original and entertaining act. After he finished his number [ went over to Arkie Schwartz. the manager of the club. What's that guy's name?' I asked. "He's marvelous and I want to write something about him." Arkie told it to me. "He's good, isn't he." Arkie added. "That was just an audition we gave him. Now I'm going back to hire him." Quinn Martin, who quits being a motion picture critic on January 10 and joins the Fox staff of scenario writers, sent out the following statement: "My first month in will be devoted to the business of offering gentle apologies to all the actors who. in the years of my critical activities, have seemed to me to be ham. This may even require two months.' MET a dress manufacturer." writes Hy Goldstein, "who seemed to "I be in one great sweat. 'What's the rush,' I asked him. 'Don't tell me you're busy.' "Busy, he replied. 'Say. I've never been so busy in my life. I get down at 8 in the morning, grab only a sandwich for lunch and never get home before ten at night.' 'That's a bright piece of news, I interrupted, 'I'm tickled to hear your business is going great guns.' "Business!" He looked at me digustedly. 'Business? Who said anything about business being good. I'm busy with creditors meetings. All you book lovers may like to know that "Grand Hotel" will be the Book-of-the Month Club's selection for February. A lady who returned from Hollywood told a sidelight about the Bank of Holly wood, which had one of those runs. "The Bank of Hollywood." she said, "didn't have figures stating their resources and deposits printed on the window where it could be seen. Instead the bank featured 'stills' of the latest pictures in the window, and pictures of prominent stars who were depositors." REDIT The New Yorker with this very amusing Hollywood yarn. It concerns one of those authors who had a contract but no work to do. The company let him sit around doing nothing, thinking he would get angry and tear up his contract. The author, however, was quite content to sit quietly in a room and get $600 every week. Finally the company began to demand humiliating thing of him. Once he was sent for and asked to conduct some people around the studios. The author at first refused, but when told that his refusal was tantamount to breaking his contract. he consented. The guests. it turned out, were stockholders in the movie company Everything went all right till some one in the party asked what a certain big building was for. "0, that," said the author, "that is where the company stores the films it makes which are no good." You mean that whole building is filled with wasted films demanded one of the apprehensive stockholders. "Yes, indeed," replied the author. "And not only that one, but those two new buildings you see over there are to be used for the same puopose. "Why," exclaimed one of the visitors nervously, "that must represent a loss of hundreds of thousands of dollars." "Hell." said the author. "millions! But you must know that this film company doesn't care about money. It does everything on a big scale. Why, take me. I'm the highest-paid guide in the world. I get $600 a week just to show visitors around."
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By SIDNEY SKOLSKY. To Make a Long Story Short a great difference between a night club audition and an for a musical comedy. I learned this myself only Saturday night at the Club Abbey. have seen many auditions for musical comedies. The performer is taken to the theatre by her manager. The producer sits in the orchestra and watches the performer work. The poor performer looks out at the empty theatre and sings her heart out. It is very discouraging to work before rows of empty seats; never to see a smiling face or hear some applause. After several numbers the producer will say, "That's enough. Thank you." The young lady then leaves the stage with her accompani t. not knowing whether she is to be hired or not. The producer and the performer's agent go into a huddle. I have often wonder di how the agent breaks the news to her, if it is bad news. In a night club it is different. Last Saturday night Jean Malin made an announcement: "I have a great surprise for you folks tonight, he said. "A new sensational act from Paris, Eugine le Sieur." Le Sieur went on. and strangely enough proved to be a sensation. He has an original and entertaining act. After he finished his number I went over to Arkie Schwartz, the manager of the club. "What's that guy's name?" I asked. "He's marvelous and I want to write something about him." Arkie told it to me, "He's good, isn't he?" Arkie added. "That was just an audition we gave him. Now I'm going back to hire him." Quinn Martin, who quits being a motion picture critic on January 10 and joins the Fox staff of scenario writers, sent out the following statement: "My first month in Hollywood will be devoted to the business of offering gentle apologies to all the actors who, in the years of my critical activities, have seemed to me to be ham. This may even require two months." MET a dress manufacturer," writes Hy Goldstein, "who seemed to "I be in one great sweat. 'What's the rush? I asked him. 'Don't tell me you busy.' "Busy? he replied, 'Say, I've never been SO busy in my life. I get down at 8 in the morning, grab only a sandwich for lunch and never get home before ten at night.' That's a bright piece of news, I interrupted, 'I'm tickled to hear business is going great guns. your "Business!" He looked at me digustedly. 'Business? Who said anything about business being good. I'm busy with creditors meetings \11 you book lovers may like to know that "Grand Hotel" will be the Book-of-the Month Club's selection for February. \ lady who returned from Hollywood told a sidelight about the Bank of Hollywood, which had one of those runs. "The Bank of Hollywood," she said, "didn't have figures stating their resources and deposits printed on the window where it could be seen. Instead the bank featured 'stills' of the latest pictures in the window, and pictures of prominent stars who were C 'REDIT The New Yorker with this very amusing Hollywood yarn. It concerns one of those authors who had a contract but no work to do. The company let him sit around doing nothing, thinking he would get angry and tear up his contract. The author, however, was quite content to sit quietly in a room and get $600 every week. Finally the company began to demand humiliating things of him. Once he was sent for and asked to conduct some people around the studios. The author at first refused. but when told that his refusal was tantamount to breaking his contract, he consented. The guests, it turned out, were stockholders in the movie company. Everything went all right till some one in the party asked what a certain big building was for. "O, that," said the author. "that is where the company stores the films it makes which are no good.' "You mean that whole building is filled with wasted films demanded one of the apprehensive stockholders. "Yes, indeed," replied the author. "And not only that one. but those two new buildings you see over there are to be used for the same puopose." "Why." exclaimed one of the visitors nervously, "that must represent a loss of hundreds of thousands of dollars." "Hell," said the author, "millions! But you must know that this film company doesn't care about money. It does everything on a big scale. Why. take me. I'm the highest-paid guide in the world. I get $600 a week just to show visitors around."
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Receiver Talks Bank At Merchantors Meet M. deputy state superbanks receiver for intendent closed Bank of the bright picture of future painted the first meetpossibilities here 1931 the Merchantors Buing in the Hollywood Chamber of will be long until resinot here have forgotten that dents there ever bank failure," he "because such small the wealth of up in the Bank of Hollywood. Many depositors have assigned their claims He could date on which pay give will Harrison Crawford introduced the speaker. Scottish after reading passage Scripture, said, brethren, this difficult passage understand. differ to exact meaning Therefore, you, my friends, us look difficulty boldly pass on to the next
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GREGORY TO AID BANK RECEIVER SAN FRANCISCO, Jan. John M. Gregory has been detailed as the deputy charge of liquidating the Bank of Hollywood, Edward Rainey, state superintendent of banks, announced today. Rainey also announced E. D. Holly will remain chief deputy, but that Claude Lamborn, sistant attorney, has resigned.
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Hollywood Bank Receiver Gives Total of Claims SAN FRANCISCO. May 11. (AP)The Bank of Hollywood, closed December had claims of $1,149,869 in the commercial department and $646,852 in the savings department against State Banks Rainey said today The period for presentation of claims April 30. Claims filed and by the date department and savings Claims which receiver had not acted commercial and $1601 savings. Bondholder claims placed deferred classification taled $14,310 commercial and savings. All claims against the savings department allowed. in commercial branch totaling rejected. as well as claim for rentals.
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Bank Receiver Suing Wallace Reid Widow Charged with failing to repay a $165 loan borrowed from the Bank of Hollywood on September 9, 1930, Mrs. Wallace Reid, widow of the screen star, today was named defendant in suit on file in Municipal Judge Hugh J. Crawford's court. Edward S. Rainey, state superintendent banks who is in charge of liquidating the affairs of the defunct institution. filed the suit in which he seeks return of the principal and $8.72 interest Norton Parker also is named defendant in the court action.