Word: kidder
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Dates: during 1960-1969
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...million estate left by Broker-Businessman Charles Ulrich Bay-taxes, administrative costs, and bequests to charities took the rest. But Josephine Bay Paul, 61, who took over from her husband as board chairman of American Export Lines and president of Wall Street's A. M. Kidder & Co., is still a very rich woman. She has the $13.5 million Bay left her before he died in 1955, is now married to wealthy Broker-Oilman C. Michael Paul, and cuts such a figure on the New Frontier that Jack and Jackie Kennedy spent Christmas at the Pauls' eight-bedroom Palm...
...purpose of this handsome magazine, born last week? Beyond giving its name, USA* 1, and a terse tag line-"Monthly News & Current History"-the newcomer did not say. An advertiser made the introduction. There it was on page 2, bought and paid for by the investment house of Kidder, Peabody & Co. "April, 1962," said the ad, "marks a moment of importance in the history of the U.S. press. It witnesses the first issue of ... this thoughtful new journal of news perspective written and edited for an educated, responsible audience...
When "Rick" Bay died in 1955, his widow found herself the sole owner of 73% of the stock and all of the capital ($28 million) of the venerable Wall Street firm of A. M. Kidder & Co. She promptly incorporated it and became the firm's president and board chairman, the only woman ever to head a member firm of the New York Stock Exchange. "I like a man's world," she explained. "Wall Street isn't frightening." In addition to Kidder, she was board chairman of American Export Lines for two years (until she sold...
...China after the war ended. Later, Paul started a rare-metals import business, bought a seat on the New York Stock Exchange, finally got into the oil business in a big way. Since his marriage, he has replaced his wife as board chairman of A. M. Kidder and, with Josephine, manages their vast business and philanthropic interests...
MASTERPIECES OF JAPANESE SCULPTURE, with text by J. Edward Kidder Jr. (328 pp.; Tuttle; $27.50). A large, well-illustrated historical survey; the photographs, most of them black and white, are superb, and the compilers have broken up what might have been a tedious procession of figures with excellent detailed closeups. The subjects, of course, run to delicate, serene Buddhas and wrathy temple guards, and they are delightful...