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"Before pronouncing sentence, may I say my salary is $27,500 a year and my total personal assets amount to $88,726.42. The court will now proceed...."
"Before pronouncing sentence, may I say my salary is $27,500 a year and my total personal assets amount to $88,726.42. The court will now proceed...."

"Before pronouncing sentence, may I say my salary is $27,500 a year and my total personal assets amount to $88,726.42. The court will now proceed...."

Artist (American, 1900 - 1974)
Date1969
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 9 11/16 × 11 9/16 in. (24.6 × 29.4 cm) Sheet: 9 11/16 × 11 9/16 in. (24.6 × 29.4 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1635
"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
"According to the figures, one this is clear. I can't live on my salary."
"According to the figures, one this is clear. I can't live on my salary."
Alan Dunn
1959
"Sure, I remember you. You were my instructor in Personal Magnetism."
"Sure, I remember you. You were my instructor in Personal Magnetism."
Alan Dunn
1927
"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
" 'The anti-windfall tax is the excess of the amount due in 1942 or 1943, whichever is the lower, over the tax on the highest income of the years 1937, 1938, 1939, or 1940 plus $20,000 figured at 1942 Revenue Act rates'...Well, that much is clear."
" 'The anti-windfall tax is the excess of the amount due in 1942 or 1943, whichever is the lower, over the tax on the highest income of the years 1937, 1938, 1939, or 1940 plus $20,000 figured at 1942 Revenue Act rates'...Well, that much is clear."
Alan Dunn
1943
"And now, if you don't mind, I would like to reassess my position on the firm stand I took in my previous reassessment."
"And now, if you don't mind, I would like to reassess my position on the firm stand I took in my previous reassessment."
Alan Dunn
1968
"Here's the one - The Coming Armageddon - I wrote it four years ago - I remember I delivered it on a day that rained and only three people came. Why don't I change the wording a bit substituting 'atomic might' for 'military might' and let it solve my problem for next Sunday? After all, Dr. Blahr does it all the time - suppose I just read it to you - you can go right on sewing..."
"Here's the one - The Coming Armageddon - I wrote it four years ago - I remember I delivered it on a day that rained and only three people came. Why don't I change the wording a bit substituting 'atomic might' for 'military might' and let it solve my problem for next Sunday? After all, Dr. Blahr does it all the time - suppose I just read it to you - you can go right on sewing..."
Alan Dunn
1948
“I was not badly hurt on account of I landed on my head the doctor says.”
“I was not badly hurt on account of I landed on my head the doctor says.”
Alan Dunn
1942
“Sergeant Mooney says not to worry as it is none of my business where I am.”
“Sergeant Mooney says not to worry as it is none of my business where I am.”
Alan Dunn
1942
"I cud not understand why the doctors made so much fuss about my teeth but it is all clear now since I got some of the beef the army uses in beef stew."
"I cud not understand why the doctors made so much fuss about my teeth but it is all clear now since I got some of the beef the army uses in beef stew."
Alan Dunn
1941
"Doctor, he took one of those ten-day total -immersion courses in Italian, and now he can't speak English!"
"Doctor, he took one of those ten-day total -immersion courses in Italian, and now he can't speak English!"
Alan Dunn
1968
"Well I half to close now as he is coming my way again."
"Well I half to close now as he is coming my way again."
Alan Dunn
1941