Original Archival Documents Post Decline (1 results)

Hardcover. Condition: Very Good. 1st Edition. Dating from 1953 to 1962, being original documents, with original seals and signatures. **1) Western Newspaper Union Minutes, Book 10, August 13th, 1953 to August 31st, 1956. The minutes include a Special Meeting held to fire the Corporation's Executive Vice President & General Manager, W. W. Brown, who had "performed acts which served his own individual interests to the detriment of the Corporation". Also includes minutes regarding the Settlement with W. W. Brown, with acquisition of his Midwestern Paper Shares of Stock. Also includes the sale of Lako Corporation's assets to WNU to settle outstanding debts. **2) WNU Minutes, Book 11, Sept. 11th, 1956 to Dec. 29th, 1958. Includes Meetings to approve transfer of Stock, as well as a letter from the U.S. Treasury Dept. **3) Western Newspaper Union's Sales of Assets Transaction with Hammermill Paper Company, June 30, 1961, Volume I. Includes Contracts, Assignments of Trademarks, Assignments of Contract, Receipts for Checks, Receipts for Shares of Stock. Individual locations transferred include Billings, Dallas, Des Moines, Fargo, Houston, Lincoln, Little Rock, Memphis, Miami, New Orleans, Oklahoma City, Omaha, Salt Lake City, Shreveport, Sioux City, Tampa, Tulsa and Wichita. Also includes Certified Documents to facilitate the sale. **4) FWP Corporation (Formerly Western Newspaper Union) Sale of Assets, Transactions, Redemption of Notes and Liquidation. Vol. II, June 30, 1961. Includes Contracts, Documents, Concerning Assets in Columbus, Ohio; in Kansas City, Missouri; re Assets in NYC and Haverstraw, NY; re sale of Assets to George and Joy Guido, Assignments of Lease to Whitely Estates Corp.; and more. Also includes the Liquidation of FWP Corporation in early 1962. **5) Perry Publications, Inc. 1982 Bonds, Closing July 11, 1962. Includes the Agreement of Merger between Perry Publications, Inc. and The Post-Times Company, merging under the name of Perry Publications, Inc. July 2, 1962. The post war decline of the American Newspaper, due to the rapidly changing media marketplace, rising costs, shifting readership and technological changes played out in the breakup of The Western Newspaper Union in 1961-1962. Due to the economic conditions, the rising costs of doing business under Government control and excessive taxation, along with two anti-trust suits that were brought against WNU, the end was not surprising. Also a family feud came into play with John H. Parry, Jr. buying out his brother Farwell W. Perry in 1962, giving him complete control of what was to be called, Perry Publications, Inc. The newspaper industry, in their efforts to cut costs, were merging and consolidating, bringing concerns from the Justice Department regarding anti-trust laws, with single ownership newspapers becoming more scarce.