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...wife for $1,500,000 a few stock certificates in an unknown company called Universal Oil Products. The Chicago meat packer had backed the little company because it controlled an oil-cracking process developed by that appropriately-named inventor, Carbon Petroleum Dubbs. After her husband's death Lolita Sheldon Armour offered her 400 shares of Universal Oil to the Armour creditors, who scorned them. Four years later the Widow Armour, Carbon Petroleum Dubbs and a handful of other stockholders sold out to a group of big oil companies for more than...

Author: /time Magazine | Title: Business: Sedalia Sequel | 7/20/1936 | See Source »

...over the land last week thousands of adopted children were growing up to be strong, healthy boys & girls. In Chicago Charles Gates Dawes could boast of a grown adopted son, a grown adopted daughter. In Santa Barbara, Calif., the John J. Mitchells (Lolita Armour) could likewise boast of two adopted children. Down the Coast in Hollywood, many a cinemadopted youngster rested securely in his crib, or romped beside a private pool. There the visitor could read about Wallace Beery's 4-year-old Carol Ann, Gloria Swanson's Joseph, Harold Lloyd's Peggy, Constance Bennett...

Author: /time Magazine | Title: Medicine: The Cradle | 5/20/1935 | See Source »

Adopted. By Lolita Armour Mitchell, granddaughter of Chicago's famed Packer P. D. Armour, and her husband, John J. Mitchell Jr.; a 6-month-old, brown-eyed, brown-haired girl; to be named Lolita Sheldon Mitchell. Year ago, the Mitchells adopted a boy, John J. Mitchell...

Author: /time Magazine | Title: Milestones, Jun. 18, 1934 | 6/18/1934 | See Source »

...assortment of old shoes, dating from 1490 to the 15th Century, was presented to the socialite Antiquarians Club of Chicago, by stately, patrician Lolita Sheldon Armour, widow of Meatpacker Jonathan Ogden Armour...

Author: /time Magazine | Title: People, Feb. 5, 1934 | 2/5/1934 | See Source »

...Lolita Sheldon Armour, relict of Meat-Packer Jonathan Ogden Armour, paid $1,000,000 cash* to the estate of Ethel Field Beatty, Countess Beatty, daughter of Marshall Field, for a small (53.2 x 150.5 ft.) lot on the northeast corner of Chicago's State & Madison Streets, "world's busiest corner." Bought t»y Marshall Field in 1876 for $53,390, now part of the site of a department store, it returns $60,000 annually, is assessed...

Author: /time Magazine | Title: People, Aug. 7, 1933 | 8/7/1933 | See Source »

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