Royal Family

Wide-eyed moppets watching the Greatest Show on Earth last year neither knew nor cared that the circus performance was by a company only partly owned by the famous Ringling family, now composed of relicts and descendants of the seven original brothers. Since 1929, however, the Ringlings have never forgotten that the late John Ringling's purchase of the Hagenbeck-Wallace Circus, Al G. Barnes Amusement Co., Sells-Floto Circus Co., John Robinson Shows, and Sparks Circus Co., was swung with the help of a $1,700,000 loan which eventually cost him a 10% interest in his circus. Nor have they forgotten how, when Ringling defaulted his interest payments in 1932, the creditor group, headed by William M. Greve, took over the circus. Last week, however, the Greatest Show on Earth was proudly re-established as the exclusive property of the Ringlings by payment of an $800,000 note and the recovery of the 10% interest (price undisclosed) with money from the late John Ringling's estate.

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