This collection of papers, as described by Mr. Scheetz, reveals "the building, development, and eventual demise of an organization which was established to finance and promote new Broadway productions."
Mr. Scheetz was a stockholder in Edward Specter Productions, which was founded as Theater 200 in 1954. The original capital of the firm was $500,000, and shares were offered in units of $2,500, for which the investor received 25 shares of preferred stock and 75 shares of common. Successful investments included "Gypsy," " The Music Man," "Any Wednesday," and "Henry, Sweet Henry." The company was dissolved on April 30, 1972 and its remaining assets were assigned to Edward Specter. When it was liquidated, the company showed a deficit of $498,894.29.
From the description of Papers, 1953-1973. (University of Pittsburgh). WorldCat record id: 31139932
