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"The management is informed that a new group now owns 41 per cent of the stock, and demands four of the company's nine directorships."
"The management is informed that a new group now owns 41 per cent of the stock, and demands four of the company's nine directorships."

"The management is informed that a new group now owns 41 per cent of the stock, and demands four of the company's nine directorships."

Artist (American, 1900 - 1974)
Date1955
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 7 5/16 × 9 5/16 in. (18.6 × 23.7 cm) Sheet: 7 5/16 × 9 5/16 in. (18.6 × 23.7 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.2195
"We also think there should be an excalation clause to meet any cost-of-living increase that may result from the granting of our wage demands."
"We also think there should be an excalation clause to meet any cost-of-living increase that may result from the granting of our wage demands."
Alan Dunn
1951
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
Alan Dunn
1954
"Six per cent less France, Three per cent less Italy, one per cent less England, and we'll just squeeze by."
"Six per cent less France, Three per cent less Italy, one per cent less England, and we'll just squeeze by."
Alan Dunn
1973
"May I suggest that we strike from the prospectus the sentence reading 'such brilliant management as we have enjoyed is unobtainable without the inducement of continued stock options'?"
"May I suggest that we strike from the prospectus the sentence reading 'such brilliant management as we have enjoyed is unobtainable without the inducement of continued stock options'?"
Alan Dunn
1969
"Would you care to know, dear, that your 'hazy morn of an enchanted day in May' is composed of six-tenths parts per million sulfur dioxide, two parts per million carbon monoxide, four parts per million hydrocarbons, three parts...."
"Would you care to know, dear, that your 'hazy morn of an enchanted day in May' is composed of six-tenths parts per million sulfur dioxide, two parts per million carbon monoxide, four parts per million hydrocarbons, three parts...."
Alan Dunn
1968
"Remember how quick they were to grant us a responsible voice in management? Well, now they want us to help raise the money to stave off bankruptcy."
"Remember how quick they were to grant us a responsible voice in management? Well, now they want us to help raise the money to stave off bankruptcy."
Alan Dunn
1971
That's the way it goes. The standard of living goes up- everybody owns a carpet.
That's the way it goes. The standard of living goes up- everybody owns a carpet.
Joseph G. Farris
1962
No caption (Informed Source)
No caption (Informed Source)
Alan Dunn
1973
"The most common reason for a raider's success is management's unwillingness to put real time and money into the fight."
"The most common reason for a raider's success is management's unwillingness to put real time and money into the fight."
Alan Dunn
1955
"One belief is that every person is inhabited by a spirit, or ko, which goes travelling while the human body is asleep. If a man should be awakened suddenly - so the belief is- the Ko might not have time to get back into its body and would get even by going around causing trouble. So the people believe a man should be allowed to sleep until he wakes up of his own accord." U.S. Army Pocket Guide to New Caledonia.
"One belief is that every person is inhabited by a spirit, or ko, which goes travelling while the human body is asleep. If a man should be awakened suddenly - so the belief is- the Ko might not have time to get back into its body and would get even by going around causing trouble. So the people believe a man should be allowed to sleep until he wakes up of his own accord." U.S. Army Pocket Guide to New Caledonia.
Alan Dunn
1943
" - and the wonderful part of it is that now our own friends aren't deprived of knowing Baby as we know her."
" - and the wonderful part of it is that now our own friends aren't deprived of knowing Baby as we know her."
Alan Dunn
1927
"Now the Twelfth Sales Division will reach Paris at 1630 O'clock, while on the north the Fifth will establish contact with the Belgian Import Group...."
"Now the Twelfth Sales Division will reach Paris at 1630 O'clock, while on the north the Fifth will establish contact with the Belgian Import Group...."
Alan Dunn
1945