Word: mayers
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Died. Baron Maurice ("Momo") de Rothschild, 76, great-grandson of Mayer Amschel Rothschild, founder of the fabled European banking dynasty; after long illness; in Geneva. Momo was only an incidental banker, whose real interests were art collecting, fast horses and gaudy pajamas. A splashy spender, he was elected (1924) Deputy to the French National Assembly, had his seat booted when a bribery charge stuck, softened the bump by winning a senatorial race...
...Nicholas ("The General") Schenck was eased aside as boss of Loew's Inc. in 1955, the world's biggest moviemaker has teetered on the brink of open corporate warfare (TIME, Nov. 12, 1956). The prize: control of Loew's $220.6 million in assets, including Metro-Goldwyn-Mayer studios. Last week the battle was joined, and the cannonading could be heard from Manhattan to Hollywood. President Joseph R. Vogel, Loew's third boss in two years, called a special stockholders' meeting for Sept. 12, charged that a dissident group on Loew's 13-man board...
...help, embattled President Vogel warned that the dissidents planned to put Contractor Tomlinson in as Loew's chairman, with TV Man Meyer as president. He also charged, as a final shot, that the man behind it all was none other than longtime M-G-M Mogul Louis B. Mayer, the aging (72) lion trainer who retired six years ago, but whose cream-colored, leather-paneled office is still kept vacant. Along with his two allies, said President Vogel, Old L.B. is "actively attempting to seize control...
...Manhattan at week's end neither Tomlinson nor Meyer would comment on President Vogel's charges. As for Louis B. Mayer, he denied everything. "Vogel?" he glowered. "I don't know what he's talking about." About the only interested parties who have said nothing publicly throughout the fight were Investment Bankers Lehman Bros, and Lazard Frères & Co.. who control about 20% of Loew's 5,336,777 shares outstanding. Their votes will probably decide any proxy fight...
...drawings, and 34 examples of sculpture. The quality of the first category was high, with only four or five pieces of utter trash. The first prize in painting went for some reason to Fannie Hillsmith's "Pink Sofa," with other awards to Justin Curry, Glen Krause, Beverly Hallam, Henrik Mayer, John McClusky and Teal McKibben...