Word: mccormick
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Left. By Alexander Smith Cochran, sportsman, philanthropist, late president of Alexander Smith & Sons Carpet Co.; a net estate of $38,977,237. To Thomas Ewing Jr., a nephew, went approximately $20,000,000. Excluded from the will was Ganna Walska McCormick from whom he was divorced in 1922 (she received a $300,000 settlement...
...McCormick's obligations which led her into her stringency. They began to arise in 1921 when she and the plumpish little man began doing business. He is Edwin D. Krenn, reputedly 37 years old, a Swiss architect. He and his future patroness met while they were studying at Dr. Jung's clinic of psychology in Zurich in 1913. He was with Mrs. McCormick when she returned to the U. S. in 1921. That year he formed the real estate firm of Krenn & Dato, in which Mrs. McCormick is thought to have invested $13,000,000. Although...
...late as 1931 were valued at $12,000,000. They consisted chiefly of office buildings in the business district, subdivisions at Highland Park Highlands, Edithton (named for her) Beach and a section near Evanston. In 1929 the Trust needed new working capital, had to pay off bank loans. Mrs. McCormick endorsed an $11,000,000 bond issue which was further secured by $18,000,000 worth of securities, chiefly in Standard Oil of New Jersey.* When 15,000 tenants found themselves unable to pay rent she was unwilling to evict them. The Trust's income and securities both began...
...bulk of Mrs. McCormick's fortune is in Standard Oil of Indiana, in which she is the largest shareholder. The company's dividend is now $1 annually against a regular dividend...
From New York toward Barrington, Ill., to visit his mother & stepfather (Mrs. Fifi Stillman McCormick & Fowler McCormick) flew Alexander Stillman, 20, son of Banker James Alexander Stillman, in his own airplane. Near Gary, Ind. he cracked up, was taken to a hospital. Flying to his bedside that night in a chartered plane Mr. & Mrs. McCormick cracked up, were not hurt...