Saturday
Rex Humbard Solicits Funds for his Girdle Factory and Relvolving Tower Restaurant
Rex Humbard plans a trip to the Statue of Liberty to pray for more funds.
"Over time Humbard ministry owned a girdle factory in Brooklyn, an office tower in Akron, a college on Mackinac Island, and advertising agency, an apartment building, and other assets."
"Humbard's ministry ran into financial problems in the early 1970s. Starting in 1959 the ministry had sold bonds and promissory notes through their own team of salesmen. The securities were not registered and came under the scrutiny of the S.E.C. Officials in at least six states halted the sale of the securities."
"Humbard began to build a Rotating Tower Restaurant at his Cathedral of Tommorow. He was forced to stop construction during the S.E.C. investigation."
Funds solicitation letter envelope mailed from Rex Humbard to prospective rubes using federally subsidized junk mail postage. Collection Jim Linderman
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