W. T. Grant Company
2801 Washington Avenue
Newport News, VA 23607

   1959  Anchor, p. 191  1959  Anchor, p. 149
Gloria Tart ('59)
   12/03/03 04/12/04  
1950s Friday, September 26, 2003 1960s Saturday, April 3, 2004
Courtesy of Dave Spriggs ('64)
of VA - 07/11/03
Courtesy of Dave Spriggs ('64)
of VA - 09/27/03
Courtesy of Dave Spriggs ('64) of VA - 12/01/03 Courtesy of Dave Spriggs ('64) of VA - 04/03/04

W. T. Grant Company filed a petition in bankruptcy in the Bankruptcy Court in the Federal Court
for the Southern District of New York during 1976. I handled this case when I was a Bond Claim Supervisor
for The Home Insurance Company who insured the firm. The Fidelity Bond Claim filed by W. T. Grant Company
alleging fraud by certain employees and executives was quite interesting, and I worked on this alleged fraud
for over a year. My fellow employees encouraged me to ghost write a novel and tell the story of the unbelievable
details that was partially the cause for the failure and bankruptcy of this fine old company. The company ceased
operations under the guidance of the court, and closed all the stores in the chain. This might answer the question
to "Heaven Only Knows" as to the status of the building, or at least this former owner.

- Joe Madagan ('57) of FL - 10/14/04
WOWZERS!  Thanks, Joe!


My name is Dave Ahearn (Ferguson Class of '64) with some information on the W. T. Grant building.
About eight years ago the city agreed to renovate and merge the W. T. Grant building and the
adjacent Montgomery Wards building and lease it to the shipyard for office space. I was in the first
group of folks to move into the nicely renovated building and was located in the basement of the
W. T. Grant portion of the building. Ironically, I can remember as a kid visiting my grandmother,
Annie Jackson, at work as the hardware manager for W. T. Grant in the basement of the building.

Dave Ahearn (FHS - '64) of VA - 12/01/05
AHHHH!  Thanks, Dave - and Dave!

Hi, Carol:

Being a subscriber to your fine electronic Newsletter keeps me in touch with so many of the TYPHOON Nation.
For this we are all grateful for all of your hard work on your website.

Contributing to the website on the Internet can cause one some work as well. Today, my telephone rang and it was
a young lady, a third generation from the founder of W.T. Grant Company who found my comment about one of the
reasons for the failure of this fine company on your website, and called to see if she could obtain more information.
Her interest was heightened this week by the appointment of the new CEO for Chase Bank, since there is a connection.
At any rate, I suppose she will honor my request and write to me, so that I can validate her request. Hope my memory
does not fail in this respect, since the matter was quite involved and is better than a mystery novel.

TYPHOON Regards,
Joe Madagan ('57) of FL - 07/07/11
COOL BEANS! Thanks, Joe - we'll look forward to hearing it!

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