Louisville Herald-Post

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The Louisville-Herald Post
Type Daily newspaper
Format Broadsheet
Owner(s) 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
Headquarters Louisville, KY

The Louisville Herald-Post was a newspaper that was published in Louisville, Kentucky.

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]

  1. ^ Kleber, John E. (1992), The Kentucky Encyclopedia, Lexington, KY: University Press of Kentucky, pp. 127–128, ISBN 0-8131-1772-0 
  2. ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life 
  3. ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life 
  4. ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life 
  5. ^ Time (September 21, 1931), Banker's Sideline, New York, NY: Time Life 
  6. ^ 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).