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...when opportunity came again, Daisy Harriman made a mistake. As Democratic National Committeewoman of the District of Columbia she was a member of the District's delegation to the Convention in Chicago. The delegation was for Roosevelt but she unfortunately held out for Newton D. Baker or Melvin Traylor. After Roosevelt's nomination she hastened to repair her mistake...

Author: /time Magazine | Title: WOMEN: To Oslo | 4/12/1937 | See Source »

Married. Mrs. Nancy Traylor Swift, 23, daughter of the late Chicago Banker Melvin Alvah Traylor, divorced last June from Nathan Butler Swift, meat-packing scion; and Marcy T. Weeks, 25, onetime tintype concessionaire at the Century of Progress Mexican Village; at Chicago's City Hall. For a witness they chose Bartender Dino Sbragio "because we hoped to avoid publicity .... The marriage itself was a very mechanical affair...

Author: /time Magazine | Title: Milestones, Mar. 15, 1937 | 3/15/1937 | See Source »

...Traylor knew that the assets of her deceased husband's estate were all that stood between Mrs. Busby and her children and comparative privation. Yet he was willing to stake their all on a rise in the market. . . . His conduct . . . was not only imprudent and negligent but positively reckless...

Author: /time Magazine | Title: Law: Busby Victory | 2/22/1937 | See Source »

...Furthermore, the estate was hope lessly insolvent. Widow Esther C. B. Busby filed objections to the accounting, sought removal of the bank as executor and payment to her of surcharges equal to losses sustained during the bank's stewardship. She lost her suit after hearing her friend "Mel" Traylor admit he had made a bad guess by not liquidating the estate to get it out of a dangerous speculative position in a falling market (TIME, Nov. 20, 1933). Widow Busby went to the Cook County Circuit Court, but lost again. Still unimpressed, she appealed to the State Appellate Court...

Author: /time Magazine | Title: Law: Busby Victory | 2/22/1937 | See Source »

...celebre in Chicago trust circles. Wrote he: "The [First National] bank gave his [Mr. Busby's] affairs close consideration. . . . The stocks . . . are still held today. Those dumb securities, a little pile of stock certificates with gilt edges, have reached out of the obscurity of the vaults to vindicate Traylor and cover the trust department of the bank with laurels...

Author: /time Magazine | Title: Law: Busby Victory | 2/22/1937 | See Source »

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