Judge, 1932-04-23 · page 9 of 36
Judge — April 23, 1932 — page 9: what you’re looking at
What you’re looking at
# Judge Magazine Satire: "Receiver's League Notes" This page satirizes the proliferation of **bankruptcy receivers** during the Great Depression. The article treats bankruptcy receiverships like a sports league, with receivers being "traded" between banks and tracked for their records—humorously noting one receiver who "never paid out more than forty cents on the dollar." The satire targets: 1. **Nepotism and corruption**: A judge appointing his son-in-law as receiver 2. **Systemic dysfunction**: Hotels and institutions collapsing; even the schoolhouse metaphor shifts from "little red schoolhouse" to "schoolhouse in the red" (financially bankrupt) 3. **Widespread financial crisis**: The casual treatment of constant bankruptcies as routine The cartoon panels (bottom) appear to show chaotic boardroom scenes, likely depicting the bedlam of bankruptcy proceedings. The overall message critiques how normalized financial collapse had become—so endemic that it's treated as entertainment rather than tragedy. This reflects Depression-era anxieties about institutional failure and corruption among those managing financial collapse.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
IDGE RECEIVER'S LEAGUE NOTES N ORTIMER COONTZ, veteran receiver of the Tulsa AVE National Bank, has been traded to the Duluth Trust Company for Penfield Moore, bankruptcy referee with three successful depressions’ experience. The Nationals have plenty of receivers bu e short on A new modern record in major competition set this month by Richard Aishton, eminent Chicayo receiver. He recently completed his twenty-seventh receivershp with the reputation of having never paid out more than nts on the dollar. on bankruptcy proceedings for the Philadelphia Soft Drink Company ended today, it was learned that Tony Bulletti had been apopinted receiver by Judge Shelletto. Tony is the judge’s son-in-law. The Louisville State Bank has asked waivers on Receiver Louis Skittle. He put the supposedly defunct Bosco Pack- ing Corpe ion back on a paying bi The old bean wasn’t working that trip, eh biggest eveditor! N ANY big hotels are staggering under heavy deficit» +)2and may soon be forced to throw in the towel. That if the guests left any It used to be the little red schoolhouse, But now the hers call it the little schoolhouse in the red. \nd our wife sympathizes with Secretary Mills’s efforts lance the budge nce she has the same difficulty ing to balance her check-book. Then there’s the fellow who flunked his road test becz * i; = sities. ® teach you to come in and eat a ten course meal forgot to stick his hand out—with a five-dollar bill in it and then declare yourself bankrupt.” comicbooks.com