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DICK POWELL BUILDS DIME STORES FOR MILLION DOLLAR BABIES
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estate, and gave the people of a community the kind of service that kept them patronizing the same stores year after year. When I returned to Hollywood, my investment plans were made. I went into the real estate business, building store buildings and leasing them to dime store, arug store and department store tenants.
for a drug store tenant in the Crenshaw district. His Long Beach and Los Angeles buildings represent an investment of $175,000 each — every penny of which Dick earned himself. His New Mexico and El Centre Investments are much smaller. He also owns an automobile sales agency in Beverly Hills, which is operated
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Dick Powell samples the soup In the kitchen of his leased drug store store officials look on.
Another camera shot of Dick singing for the crowds and radio audience as his store opening is broadcast.
Today Dick Powell owns and leases store buildings in a small town in New Mexico, in El Centro, California, in Long Beach, California, and in Los Angeles, where he has just staged a grand opening
under a firm name. From each of these investments he expects to receive a nominal but longrange profit. And as time goes on. he may add other mterests. Right now, he's thinking about
going into farming. If he does acquire a ranch, it won't be until next year. He's lived on a form and has done farm work — and would enjoy doing it again. But real estate is his first love in activities off the air and screen.
"I have faith in real estate," Dick declared. "My interest in It has broadened me, I feel as on actor. It has given me a new kind of experience and a new kind of thrill; greater vision and greater interest in my responsibilities as a citizen and an American. It has made my life fuller through the satisfaction that comes from practical creative contribution to the lives of my fellow human beings and to the practical every-day life of a community. It has made my life fuller with the knowledge that at the same time I have not squandered my earnings in idle schemes but have provided a greater measure of future security for myself and my family. By being personally interested in my tenants and visiting the buildings after they moved in and opened for business, I have made many new friends in new communities. I have discussed their problems and learned their points of view on local, national and world problems. For all those reasons, I feel that because I'm a real estate man, I am a better man to my profession, to my family, and to my country."
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