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Our Back Door

Artist Dudley Crafts Watson (American, 1885 - 1972)

Date1942

ClassificationsPainting

MediumWatercolor

Dimensions17 1/2 x 23 1/2 in

Credit LineGift of Dudley Crafts Watson

Object number1965.0690

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Dudley Crafts Watson

1942

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Dudley Crafts Watson

1934

Poster for Abbotts Phit-Eesi--boots & shoes

Poster for Abbotts Phit-Eesi--boots & shoes

Dudley Hardy

1896

Poster for a Gaiety Girl

Poster for a Gaiety Girl

Dudley Hardy

1896

Poster for Savoy Theatre The Chieftain

Poster for Savoy Theatre The Chieftain

Dudley Hardy

1896

Cathedral Belgium

Cathedral Belgium

Charles John Watson

1904

Once Upon a Midnight Dreary

Once Upon a Midnight Dreary

Ernest William Watson

1936

The Foaming Lane

The Foaming Lane

Ernest William Watson

November 1926

"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

Coffee Colored House with Blue Door

Coffee Colored House with Blue Door

Frederic Whitaker

1946

Untitled, Doors

Untitled, Doors

Emilio Sanchez

early-mid 1970s

Untitled, Mediterranean Building w/ Two Blue Doors

Untitled, Mediterranean Building w/ Two Blue Doors

Emilio Sanchez

early-mid 1970s

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