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Palm Beach was titillated by the off-again-on-again marriage plans of Horace E. Dodge Jr., 52-year-old heir of motor millions, who recently settled $1,000,000 on wife No. 4 so that he could take No. 5, ex-Showgirl Gregg Sherwood, 26. One of the reported spats occurred around vichyssoise time at lunch one day, when Gregg dropped the word that she had imported a Manhattan pressagent to help spread the tidings of her forthcoming wedding. This spoiled lunch for Horace, who fumed, "What am I, a dancer? I want publicity?" But on Valentine...

Author: /time Magazine | Title: People, Feb. 23, 1953 | 2/23/1953 | See Source »

Leming was one of the rescuers standing by at Hunstanton, Norfolk, when the seawall broke, isolating 35 bungalows. An Air Force Weasel set out to rescue the cottagers and was swamped. A motor-launch crew tried three times to breast the gale and was blown back. Without a word to anyone, Reis Leming, clad in a rubber "exposure suit," waded into the icy waters, pushing a rubber raft ahead of him. Often the water swirled above his head, but "I just hung on until I could get a foothold again," he said...

Author: /time Magazine | Title: National Affairs: Flood's Wake | 2/16/1953 | See Source »

...good enough to take third in the 24-hour Le Mans race in France last year, perhaps the world's toughest. Millionaire Briggs Cunningham built a car with a souped-up Chrysler engine that took fourth in the same race. Some small manufacturers, notably Britain's Allard Motor Co., built cars with Cadillac and Chrysler engines and many standard American parts and saw them lick the ears off finely tuned European sports cars. And in the last Mexican road race, Lincoln sedans came in one, two, three in the stock-car class...

Author: /time Magazine | Title: AUTOS: Low-Slung Beauty | 2/2/1953 | See Source »

...Ford. But Mr. Erskine was a year too early. He made the awful mistake of expanding in a dying market." Studebaker fell $21 million in debt, went into bankruptcy. President Erskine put a bullet through his heart, and Hoffman, Vance and Ashton Bean, head of Stude-baker-controlled White Motor Co., were made receivers of the company...

Author: /time Magazine | Title: AUTOS: Low-Slung Beauty | 2/2/1953 | See Source »

Working in adjoining offices seven days a week, 14 hours a day, Vance and Hoffman streamlined production, sales and distribution, ruthlessly cut costs. By 1935 they managed to float a $6,500,000 new stock and bond issue, unloaded White Motor Co. and pulled Studebaker out of receivership-the only time in history that a U.S. automaker has done so. Hoffman was made president, Vance chairman...

Author: /time Magazine | Title: AUTOS: Low-Slung Beauty | 2/2/1953 | See Source »

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