Recovering The Opera House

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Shortly after the Crosby Opera House was erected in Chicago about 1865, its owner, Uranus H. Crosby, realized it was a financial failure and conceived an ingenious scheme to save his investment. Announcing that the theater was to be raffled off, he sold 185,000 tickets at $5 each and, after the drawing, promptly bought it back from the winner for $200,000. As the stunt made the house popular and successful, Crosby soon recovered the whole $1,000,000 that he had spent to build it.

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About Roland Ledoux

Pastor of Oasis Bible Ministry, an outreach ministry of teaching, encouragement and intercessory prayer from the Holy Bible, the written Word of God and author of the ministry website, For The Love of God. He lives in Delta, Colorado with his beautiful wife of 50+ years and a beautiful yellow lab whom they affectionately call Bella.
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