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:
“The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.”
—Walter Bagehot (1826–1877)
“Only the history of free peoples is worth our attention; the history of men under a despotism is merely a collection of anecdotes.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)
“Modern Western thought will pass into history and be incorporated in it, will have its influence and its place, just as our body will pass into the composition of grass, of sheep, of cutlets, and of men. We do not like that kind of immortality, but what is to be done about it?”
—Alexander Herzen (1812–1870)