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Frequently mentioned in the testimony as nominal directors of the Mellon holding companies were Son Paul Mellon, 27, last week honeymooning in Europe, and Daughter Ailsa Mellon Bruce, thirtyish, last week shuttling between Pittsburgh & New York. In one of the after-session, off-the-record receptions which Mr. Mellon and his handsome son-in-law David K. E. Bruce held almost every day for newshawks, the frosty old financier tried to warm up by explaining that Daughter Ailsa had named her personal holding company Ascalot "because people ask a lot." Then, as the newshawks tittered, he added gravely: "That...

Author: /time Magazine | Title: TAXATION: Rich Men Scared | 3/11/1935 | See Source »

...declined. Created by Mr. Mellon in 1929 as a private holding company, Coalesced Co. is an interesting family treasure chest which Government counsel asserted to be nothing but a tax-dodging device. Its voting but non-dividend-paying common stock is shared equally by Son Paul Mellon and Daughter Ailsa Mellon Bruce. Its dividend-paying preferred stock Papa Andrew kept for himself...

Author: /time Magazine | Title: TAXATION: Reputation v. Reputation | 3/4/1935 | See Source »

Before hurrying to catch a boat that will get him and the other U. S. golfers back in time for the U. S. Open at Ardmore, Pa., June 7, Little had time to receive the huge cup from the Marquess of Ailsa and say: "I would need all of Shakespeare and Webster adequately to express my thanks. . . . The cup will be kept nice and shiny...

Author: /time Magazine | Title: Sport: At Prestwick | 6/4/1934 | See Source »

...Born, To Ailsa Mellon Bruce, only daughter of Andrew William Mellon, and David Kilpatrick Este Bruce, son of Maryland's onetime U. S. Senator William Cabell Bruce, whom she married in 1926; their first child, a daughter; in Manhattan...

Author: /time Magazine | Title: Milestones, Nov. 27, 1933 | 11/27/1933 | See Source »

...Philadelphia Socialite Lucius Beebe); Mrs. Eugene H. Dooman and Mrs, David Edward Finley (wives of U. S. Embassymen); Miss Winifred Holt Bloodgood (daughter of famed Cancer Researcher Joseph Colt Bloodgood of Johns Hopkins University); Miss Denise Livingston (of New York) ; Miss Natica Nast (daughter of Publisher Conde Nast). Because Ailsa Mellon Bruce had to be presented at Court before she could present others, Ambassador Mellon asked Madame Aimé de Fleuriau, wife of the French Ambassador, to pinch...

Author: /time Magazine | Title: People, May 9, 1932 | 5/9/1932 | See Source »

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