When Howard Hughes sold control of RKO four weeks ago, the buyers promised to clean out the company from stagehands on up. They did, lopping off a batch of executives and underlings. Heading the new cast of characters were President Ralph Stolkin, 34, and his father-in-law, Abraham L. Koolish, 60, a member of the board. Chicagoans Stolkin and Koolish had put up 40% of the down payment* made by their five-man syndicate.
Having swept out the top floors of RKO's disordered house, Stolkin and Koolish last week announced that there would be no more...
To continue reading:
or
Log-In
