One version says Mary Carter Paint initially teamed up in the Bahamas with Wallace Groves, a developer who was convicted of mail fraud in 1941. The lure of Paradise Island was not only the Bahamas acreage but its casino license.Īt this point, historical accounts of the company become contradictory _ and by some accounts tinged with notoriety. With the casino such a financial success, the company was renamed Resorts International and relocated to the Bahamas. By 1968, Mary Carter Paint not only dropped its paint business but also its name.
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