gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3efe5c579de30aa2
Response Measures
None
Description
Initial 7-day suspension was ordered but the bank was later placed in liquidation and a receiver appointed.
Events (4)
1.December 1, 1930*Run
Cause
Rumor Or Misinformation
Cause Details
Articles describe a whispering campaign and depositor timidity leading to heavy withdrawals over several days.
Measures
None specific beyond later suspension; heavy withdrawals honored where possible but withdrawals overwhelmed liquidity.
Newspaper Excerpt
it was learned that a run started on the bank several days ago and a number of prominent film figures withdrew accounts Saturday.
Source
newspapers
2.December 8, 1930Suspension
Cause
Government Action
Cause Details
State banking commissioner ordered a temporary seven-day closure because run made it impossible to liquidate assets rapidly enough to meet withdrawals.
Newspaper Excerpt
The Bank of Hollywood ... was ordered closed today by Will C. Wood, state banking commissioner. The bank was ordered closed for a period of seven days.
Source
newspapers
3.January 28, 1931Receivership
Newspaper Excerpt
John M. Gregory has been detailed as the deputy charge of liquidating the Bank of Hollywood, Edward Rainey, state superintendent of banks, announced today.
Source
newspapers
4.May 11, 1931Other
Newspaper Excerpt
The Bank of Hollywood, closed December, had claims of $1,149,869 in the commercial department and $646,852 in the savings department ... The period for presentation of claims ended April 30.
Source
newspapers
Newspaper Articles (24)
1.December 8, 1930Merced Sun-StarMerced, CA
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Article Text
BANK CLOSED BY STATE
Dec. Bank of Hollywood, which handles the accounts of scores of film stars, ordered closed today by C. Wood. state banking commissioner. An angry crowd gathered front of the bank situated in the heart of Hollywood, as the notice of the closing was posted. It learned that run started on the bank several A number of prominent film figures withdrew accounts Saturday The bank was ordered closed for a period of seven days during which it will be given the oppor tunity to work out its financing problems, G. R. Dexter president, announced. Dexter declared the timidity of depositors in these distressing times started a slight run on the bank Among those who gathered front of the main bank was Harry don obligingly turned his pockets inside out and posed for photogra phers. He said he had $25,000 deposited in the bank
2.December 8, 1930Willows Daily JournalWillows, CA
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Article Text
BANK CLOSED FOR WEEK
United The Bank of Hollywood which handles accounts of scores of film stars. was ordered closed today by Will Wood. state of banks The bank was ordered closed for period of seven days during which will be given an opportunity to work out its financial problems, G. R. Dexter. Dexter declared the "timidity of depositors in these times startslight run on the bank."
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.
4.December 8, 1930The Evening SunBaltimore, MD
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Article Text
More Banks Close, While One Reopens
Hollywood And Illinois Institutions Suspend-Indiana House Doing Business Again Hollywood, Cal., Dec. Bank of Hollywood, which handles the accounts of many film stars, ordered closed today by the State Bank ing Commissioner. An angry crowd gather. in front of the bank, situated in the heart of Hollywood, as the closing notice was posted. It was learned that run started the bank several days ago and number of prominent film figures withdrew their accounts Saturday.
Closure In Illinois Centralia. III., Dec. The Merchants State Bank closed by order of the board of directors and placed in charge of the State auditor public accounts for and adjustment today. The bank had capital of $100,000 and surplus of $50,000. Deposits at the last quarterly report totaled $1,002,366.
Indiana Bank Reopens English, Ind., Dec. Crawford County State Bank, closed since November 21, reopened for business here today. Depositors signed agreements whereby withdrawals can be made only on or after stipulated dates.
5.December 8, 1930Pittston GazettePittston, PA
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Article Text
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.
6.December 8, 1930The Hanford SentinelHanford, CA
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Article Text
IS FILM STARS
Banking Commissioner Charge; Angry Crowd Clamors for Cash LANGDON DEPOSITOR
Comedian Says He Has On Deposit Poses for Photo.
Hollywood, Calif., Dec. The Bank of Hollywood, which handles the accounts of scores film stars, was ordered closed today c. Wood, state banking An angry crowd gathered in them of the bank. situated at and Vine streets, in the heart Hollywood, as the notice of the class ing was posted. The statement, signed by Wood, read: "In accordance with section of the bank act of the state of Callfornia, have taken possession the bank and property of Hollywood.' It was learned that run started on the bank several days age. number of prominent film figures withdraw their accounts Saturday was ordered for of seven days during be given the opportunity work out its financing problems, R. Dexter, president, announced. Dexter declared the "timidity depositors in these times started slight run on the Although all checks presented the bank Saturday were they were sent to the clearing house, Dexter said, because that well preferred to await the bank those screen comedian. Langdon obligingly turned his pockets out and posed for He said he deposited in the bank.
7.December 8, 1930Lincoln Journal StarLincoln, NE
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Article Text
BANK CLOSES
Institution Handling Film Stars Accounts Ordered to Shut Doors.
The Bank of Hollywood, which handles accounts of scores of film stars, was ordered closed Monday Wood, state banking commissioner. angry crowd gathered in front of bank, situated Hollywood and streets, in the heart of Hollywood, the notice the closing was posted. that run started the several ago. number of prominent film figures withdrew accounts Saturday.
8.December 8, 1930The Fresno BeeFresno, CA
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Article Text
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
9.December 8, 1930South Gate Daily Press-TribuneSouth Gate, CA
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Article Text
WITHDRAWALS SWAMP BANK OFFICIALS SAY
Bank Now in Charge
(UP) The Bank of Hollywood closed its doors today when it was unable to continue meeting the heavy demands of a run of several days duration The closing was described as "temporary" but WIII C. Wood. State Supt. of Banks. said the bank will be closed for liquidation unless an acceptable plan for reorganization is forthcoming in the seven days Wood's order of closing affected the main bank at Hollywood and Vine street, in the heart of Holly wood and the single branch at Santa Monica and Vine streets. Many of the leading motion picture stars maintained accounts at the bank and its branch Wood issued a formal statement
(Continued on Page 8)
10.December 8, 1930York News-TimesYork, NE
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Article Text
BANK CLOSED HOLLYWOOD, Cal., Dec. 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 crowd 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 a run started on the bank several days ago, A number of prominent film figures withdrew accounts Saturday.
11.December 9, 1930Imperial Valley PressEl Centro, CA
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Article Text
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.
12.December 9, 1930The Salt Lake TribuneSalt Lake City, UT
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Article Text
Run Compels Hollywood Bank To Close Doors
HOLLYWOOD Dec 8 UP) The Bank of Hollywood was closed by the state superintendent of banks today after run of several days had made it impossible to liquidate its assets rapidly enough to meet withdrawals. Superintendent Wood described the closing at "temporary" in the event that an acceptable plan for reorganization is forthcoming within the next seven days. If such a plan is not found. and liquidation becomes necessary. there will be little. any, loss to depositors and stockholders, Wood said.
A number of film stars have accounts in the bank. Harry Langdon. comedian. was among those in front of the head office building today Posing with pockets turned out, he told photographers he had $25,000 on deposit In a statement. Wood said that the bank was 'one of the smaller' banks in the Los Angeles community, and that its assets represented less than one fourth of per cent of the total banking assets of Los Angeles The bank has one branch, also in Holly wood
13.December 9, 1930Transcript-TelegramHolyoke, MA
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Article Text
BANK OF HOLLYWOOD CLOSED BY STATE lywood, as the closing notice was posted. It was learned that a run started on the several days ago and Bank of Hollywood, which handles the accounts of many film stars, was number of prominent film figures ordered closed today by the State withdrew accounts Saturday. Banking Commissioner. An angry crowd gathered In front Mr. and Mrs. Joseph Allen of of the bank, situated at Hollywood Shelburne Falls are celebrating their and Vine streets in the heart of Hol- Golden wedding anniversary.
14.January 6, 1931Daily NewsNew York, NY
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Article Text
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."
15.January 6, 1931Daily NewsNew York, NY
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Article Text
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."
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. 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 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. "O, that," said the author, "that is where the company stores the films it makes which are no good." 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.'
16.January 6, 1931Daily NewsNew York, NY
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Article Text
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.
17.January 6, 1931Daily NewsNew York, NY
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Article Text
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."
18.January 6, 1931Daily NewsNew York, NY
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Article Text
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."
19.January 6, 1931Daily NewsNew York, NY
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Article Text
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."
20.January 6, 1931Daily NewsNew York, NY
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Article Text
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."
21.January 16, 1931Los Angeles Evening Citizen NewsHollywood, CA
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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
22.January 28, 1931Redlands Daily FactsRedlands, CA
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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.
23.May 12, 1931The Los Angeles TimesLos Angeles, CA
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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.
24.August 3, 1931Los Angeles Evening Citizen NewsHollywood, CA
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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.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
