Word: lummises
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Dates: during 1970-1979
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Family Pact. The struggle pits Hughes' first cousin, Houston Lawyer William Rice Lummis (pronounced Lumm-us), 48, against Chester Davis, 66, the Wall Street in-fighter who in 1973 finally won the twelve-year TWA antitrust suit for Hughes and became a major power within Summa. At stake is...
To keep control of Summa, Cousin Lummis has abandoned his Houston law practice to take personal charge of the holding company. Among his problems: fat salaries for four former Hughes nurse-secretaries, who must be kept happy and available to testify at future court hearings.
Since no unchallenged will was found immediately after Hughes' death, his cousin William Rice Lummis was appointed temporary co-adrninistrator of the estate, while local law firms handle Hughes affairs in the four geographical areas where his assets are concentrated. But three weeks after his death, a so-called...
The Summa Corp. and Hughes' assorted relatives all contend that the Mormon will is a fake. Summa is run by a triumvirate: Frank William Gay, 55, who is president and chief executive officer; Nadine Henley, 70, one of Hughes' earliest assistants, who is senior vice president; and Chester Davis, 66...
Currently, the Hughes empire is being run largely by three longtime Hughes associates: Bill Gay, Nadine Henley and Chester Davis. Emerging as a power is Will Lummis, Hughes' 47-year-old nephew, who is a Houston lawyer. He was named Summa's board chairman last August in a...