Louisville Herald-Post
| Type | Daily newspaper |
|---|---|
| Format | Broadsheet |
| Owner | James Buckner Brown, 1925-1930; bankruptcy receiver 1930-1931; John B. Gallagher 1931-1933; Walter H. Girdler 1933-1936 |
| Founded | 1925 |
| Language | English |
| Ceased publication | 1936 |
The Louisville Herald-Post was a newspaper that was published in Louisville, Kentucky.
Contents |
Origins [edit]
The Herald-Post was created in 1925 from the merging of the old Louisville Herald and Louisville Post newspapers. Louisville financier James Buckner Brown[1] sought to operate the paper as a counter to the positions of the Bingham newspapers the Louisville Times and the Courier-Journal.
Brown invested nearly five million dollars in the combined newspapers.[2]
Bankruptcy and new ownership [edit]
Brown lost his fortune in 1930 when his bank holding company BancoKentucky failed. After the BancoKentucky's failure, Brown had to reduce the newspapers expenditures and it suffered in quality as a result.[3]
John B. Gallagher [edit]
In December 1930 The Herald-Post was put into bankruptcy.[4] John B. Gallagher, a New York advertiser purchased the newspaper in a bankruptcy receiver's sale for $315,000.[5]
Walter H. Girdler [edit]
Walter H. Girdler, Sr. President of Girdler Corporation purchased a large portion of the stock in The Herald-Post in 1933 and took over control of the newspaper.
Bankruptcy and closure [edit]
The paper went bankrupt again in 1936 and this time it ceased publication and was closed.[6]
See also [edit]
References [edit]
- ^ Kleber, John E. (1992), The Kentucky Encyclopedia, Lexington, KY: University Press of Kentucky, pp. 127–128, ISBN 0-8131-1772-0
- ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life
- ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life
- ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life
- ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life
- ^ Kleber, John E. (2001), The Encyclopedia of Louisville, Lexington, KY: University Press of Kentucky, pp. 655–656, ISBN 0-8131-2100-0
Bibliography [edit]
- History of The Herald-Post from the University of Louisville Libraries.
- Herald-Post Collection from the University of Louisville Photographic Archives.
- Kleber, John E: The Kentucky Encyclopedia pages 127-128, (1992).
- Kleber, John E: The Encyclopedia of Louisville pages 655–656, (2001).
- New York Times, JAMES B. BROWN, KENTUCKY BANKER; Former Bookkeeper Who Rose to Be Head of $50,000,000 Banco Corp. Dies at 68 LOST FORTUNE IN CRASH Publisher of the Old Louisville Herald-Post Had Been Tax Receiver for the City page 15, (October 26, 1940).
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