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Surviving "O. P." and "M. J." Van Sweringen is another Van Sweringen who is known in Cleveland as the "forgotten brother"-Herbert C. Van Sweringen...

Author: /time Magazine | Title: Business & Finance: Empire's Heirs | 12/14/1936 | See Source »

Filed in Cleveland's probate court last week was an estimate of the estate of Oris Paxton Van Sweringen, elder of the legendary bachelor brothers whose joint holdings in real estate and 23,000 miles of railroads before Depression were worth $100,000,000. The value of the estate was placed at some $700,000, most of it in life insurance...

Author: /time Magazine | Title: Business & Finance: Empire's Heirs | 12/14/1936 | See Source »

Brother Mantis James Van Sweringen, who died last year, left only...

Author: /time Magazine | Title: Business & Finance: Empire's Heirs | 12/14/1936 | See Source »

...never associated with his younger brothers except in their early real-estate days. The only member of a family of five children who ever married, he continued in real estate until 1925, when he retired. The two spinster Van Sweringen sisters, who live together in the house their brothers originally built in their swank Shaker Heights development, were taken care of in "O. P.'s" will...

Author: /time Magazine | Title: Business & Finance: Empire's Heirs | 12/14/1936 | See Source »

...real heirs of the Van Sweringen empire were the two septuagenarian Midwest industrialists who backed the brothers last year when they bought back control of their vast rail and real-estate properties at public auction in Manhattan (TIME, Oct. 7, 1935). These backers were George Alexander Ball, 74, Muncie (Ind.) fruit-jar tycoon and George Ashley Tomlinson, 70, Great Lakes ship operator. The two George A.'s together put up $3,121,000 to buy the key collateral pledged by the Van Sweringens for defaulted loans from a J. P. Morgan & Co. banking group, setting up a concern called...

Author: /time Magazine | Title: Business & Finance: Empire's Heirs | 12/14/1936 | See Source »

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