History
In May 1922, Disney founded Laugh-O-Gram Films with $15,000. The company got an $11,000 contract to produce six fairy tale cartoons for Pictorial Clubs, Inc., which went bankrupt; a seventh fairy tale was sold to them separately. Among Disney's employees on the series were several pioneers of animation: Ub Iwerks, Hugh Harman, Rudolph Ising, Carmen Maxwell, and Friz Freleng.
The company had problems making ends meet: by the end of 1922, Disney was living in the office, taking baths once a week at Union Station.
Thomas McCrum, a Kansas City dentist saved him from total failure when he commissioned Disney for $500 for Tommy Tucker's Tooth, a short subject showing the merits of brushing your teeth.
After creating one last short, the live-action/animation Alice's Wonderland, the studio filed for Chapter 11 bankruptcy in July 1923. Disney then moved to Hollywood, California. Disney sold his movie camera, earning enough money for a one-way train ticket; he brought along an unfinished reel of Alice's Wonderland.
Read more about this topic: Laugh-O-Gram Studio
Famous quotes containing the word history:
“Universal history is the history of a few metaphors.”
—Jorge Luis Borges (1899–1986)
“There are two great unknown forces to-day, electricity and woman, but men can reckon much better on electricity than they can on woman.”
—Josephine K. Henry, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 15, by Susan B. Anthony and Ida Husted Harper (1902)
“... the history of the race, from infancy through its stages of barbarism, heathenism, civilization, and Christianity, is a process of suffering, as the lower principles of humanity are gradually subjected to the higher.”
—Catherine E. Beecher (1800–1878)