Bald, sad-eyed William Fox, onetime film panjandrum, was prevented by a U. S. Supreme Court decision last year from using basic patents that he thought he owned to hoist himself back into the cinema business (TIME, March 18, 1935) Immediately Fox creditors streamed out in full cry. Harried by many a suit, suave Mr. Fox finally took cover in bankruptcy last May, listing $9,535,261 in claims against assets of $1,600,000. Later he testified that most of the latter had vanished, that even $100 listed as cash in hand had gone. Said he: "I paid...
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