Business: Rocky Roxy

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Until that far-distant time, however, "Roxy" amuses himself with arranging tremendous stage-performances, augmenting the size of his orchestra, drilling his ushers in Marine fashion, giving great "Roxy" parties for children, and mouthing happily over the radio. Indeed, energetic and young-appearing at 47, never until last week's confession would one have thought that "Roxy" walks under the shadow he described so feelingly, interrupted only by baiting from unsympathetic stockholders.

"In the first place," began the "Roxy" lament, "I want to tell you that at the beginning I was betrayed. My partner sold me out and left me to carry this awful load. I have received scurrilous letters from you stockholders, and some of the accusations which have been made against me have caused me to cry like a baby. After I was betrayed I stuck only because I felt that most of you people had bought stock because it was my project. I got nothing out of it. I have lost a larger personal fortune in sticking with you. I have nothing besides my salary, and that is nothing to what I could make for my family if I was free to accept other offers."

When the meeting drew to a close after three hours of bickering, the stockholders proceeded to vote themselves a dividend. This they did by passing a motion that the annual report be mailed to stockholders, with an amendment that it be enclosed with a dividend payment to Class A stockholders.

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