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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jul 19, 1955
Page
10
Exhausted riders watch cattle skirting flames as Rob Mallory storms to the Cullen house to save women and children. He stages a daring extraction as fire roars and rain finally threatens, easing the crisis for the nesters at Broken Spur.
General Tire & Rubber Co announces a $25 million cash purchase of RKO Radio Pictures. Thomas F. O'Neil will deliver funds to Howard Hughes next Monday. The deal follows Hughes's prior ownership of RKO stock and marks a major studio acquisition in moviedom's history.
O Neil expands Teleradio and RKO holdings by acquiring 400 to 600 unaired films. He paid 10 million dollars for 30 quality titles from Bank of America vaults and has since earned advertising income and national station sales. The move is hailed as a major finance milestone in Hollywood.
The National Guard anti aircraft battalion invites new enlistments through Wednesday night at the Decatur armory before two weeks of summer training at Camp Stewart Georgia near Savannah. Lt Howard Proctor says veterans are especially needed and that enlistees will receive full pay and allotments while at camp.
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