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
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“No event in American history is more misunderstood than the Vietnam War. It was misreported then, and it is misremembered now.”
—Richard M. Nixon (b. 1913)
“While the Republic has already acquired a history world-wide, America is still unsettled and unexplored. Like the English in New Holland, we live only on the shores of a continent even yet, and hardly know where the rivers come from which float our navy.”
—Henry David Thoreau (1817–1862)
“What is most interesting and valuable in it, however, is not the materials for the history of Pontiac, or Braddock, or the Northwest, which it furnishes; not the annals of the country, but the natural facts, or perennials, which are ever without date. When out of history the truth shall be extracted, it will have shed its dates like withered leaves.”
—Henry David Thoreau (1817–1862)