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Word: leiter (lookup in dictionary) (lookup stats)
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...looked beyond his own lifetime and remembered the old saw about "three generations from shirtsleeves to shirt-sleeves," he might have expected that his descendants would fight over his money and that by diffusion if not dissipation the Leiter millions would some day become a memory...

Author: /time Magazine | Title: Law: Litigous Leiters | 7/26/1937 | See Source »

That they did fight, Chicago remembers only too well. For eight long years Marguerite sat on one side of a courtroom flanked by various Leiter-blooded, titled British progeny, staring icily across at her brother Joseph's bald head, demanding that the Illinois courts remove him as trustee of the Levi Leiter estate, charging incompetence and extravagance, calling for a special accounting. Sister Nancy Campbell stood by Joseph. Perhaps he had once schemed to buy the Great Wall of China and preserve it for posterity. What if he did once order 50 dozen pairs of silk socks...

Author: /time Magazine | Title: Law: Litigous Leiters | 7/26/1937 | See Source »

...title. Lord Curzon married again, a Mrs. Alfred Duggan; was elevated to be a Marquess, making Mrs. Duggan a Marchioness. Sister Nancy died in 1930. Sister Marguerite lives on as the Dowager Countess of Suffolk & Berkshire. Awaiting her death for their termination are trust restrictions on part of the Leiter fortune which last week were again before the courts in Chicago...

Author: /time Magazine | Title: Law: Litigous Leiters | 7/26/1937 | See Source »

When the widow of Levi Leiter died in 1913 she created a $600,000 trust fund of her own. She then had three living children. She provided that the income from the $600,000 should go to three selected grandsons, but the boys must live in Chicago half of each year and work for their grandfather's estate. When the last of Levi Leiter's own children died, the three boys would get the $600,000. But if they failed to do their duty by Chicago, the $600,000 would be divided among all the grandchildren, including seven...

Author: /time Magazine | Title: Law: Litigous Leiters | 7/26/1937 | See Source »

Polo-playing Tommy Leiter, 27, son of Joseph, lives in Washington, D. C. Colin Campbell, 30, son of Nancy, lives in California where he is an official in a cement machine business. Cecil John Arthur Howard, 29, son of Marguerite, lives regularly in London, is at present in California recuperating from illness. Last week all three were suing the Continental Illinois National Bank & Trust Co., trustee of the estate, asking that the Chicago residence and work provisions be vacated since there is really no work to do in connection with the Leiter estate. Named as co-defendants are Levi Leiter...

Author: /time Magazine | Title: Law: Litigous Leiters | 7/26/1937 | See Source »

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