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Some five decades later, the institution found itself reportedly $20m in the red, barely avoiding bankruptcy.
"This little baby that keeps moving along, just barely avoiding danger.
Parker was just 19 when he entered the league, after barely avoiding falling to the second round.
The family had financial troubles, filing for bankruptcy in 2002, and barely avoiding foreclosure on the Tomlinson Avenue house.
In 1996 the national football squad reached the final rounds of the African Nations Cup after barely avoiding forfeiture because of a lack of travel funds.
The first nine of those were granted last December, barely avoiding a record set by President George W. Bush for the longest wait for a president's first pardons.
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Last fall the country barely avoided bankruptcy.
This year, Poland barely avoided its first recession in two decades.
Usually, very competitive; today, I barely avoid getting thrashed.
Miami barely avoided a winless season in 2007.
IT was an accident that was barely avoided.
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