Difference between revisions of "T-K Graphics"
(Bot: Automated import of articles) |
m (Bot: Automated text replacement (-{{stub}} +)) |
||
| Line 5: | Line 5: | ||
T-K Graphics eventually did go bankrupt. By the end of 1979, the State of Maryland was supervising claims against the company. | T-K Graphics eventually did go bankrupt. By the end of 1979, the State of Maryland was supervising claims against the company. | ||
| − | + | ||
{{store}} | {{store}} | ||
[[Category:store]] | [[Category:store]] | ||
[[Category:US]] | [[Category:US]] | ||
Revision as of 08:11, 6 December 2019
A mail-order sf publisher and bookseller located in Baltimore, MD and operated by Ted Pauls. It founded in 1972-3, but by 1977 was being accused of not paying royalties by many of its writers and of slow delivery or non-delivery of orders by many customers.
Sometime in 1977 or 1978, Pauls sent a letter to his creditors saying that by 1976 it had 17,000 customers, five employees and was doing $200,000 annual business. At that point, between over-use of credit and poor management decisions, it was $60,000 in debt and unable to keep up with its bills, which meant that it was filling orders slowly, also. To avoid bankruptcy he cut back drastically to about 10% of peak, taking no salary and slowly paying back creditors. He expected to pay everyone back eventually.
T-K Graphics eventually did go bankrupt. By the end of 1979, the State of Maryland was supervising claims against the company.
| Store | ???? |
| This is an SF bookstore page. When a floreat "fl." is listed it records the dates for which we have evidence and may not be the store's entire span. |
