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...trio of insiders who run Summa Corp., the umbrella company that controls many of Hughes' properties, had expected to find a will that left all or at least most of his estate to the tax-free Howard Hughes Medical Institute. They also expected to be named trustees of the institute and thus continue running the empire. The three are Frank William Gay, Summa's executive vice president; Nadine Henley, Hughes' longtime administrative assistant and senior vice president; and Chester Davis, an abrasive Wall Street lawyer who is general counsel...

Author: /time Magazine | Title: TYCOONS: The Search for the Phantom Will | 4/26/1976 | See Source »

Last week the Summa trio sought an accommodation with Hughes' relatives, who in the absence of a will stand to inherit the entire estate (after taxes, it could run $1 billion or more). With the backing of the Summa officers, three of Hughes' closest relatives and a Nevada bank were appointed temporary administrators of his estate, estimated to total $2.3 billion. A Texas court named his aunt, Mrs. Frederick Lummis, and her son William Lummis, a Houston attorney; a California court picked Richard Gano, another cousin of Hughes. A potential challenge to this arrangement was being...

Author: /time Magazine | Title: TYCOONS: The Search for the Phantom Will | 4/26/1976 | See Source »

Coming into Saturday's contest, Bulldog attackman Paul Sferazza had notched 30 goals in 10 games, and his running mates, Paul Catterton and Jim Graham, had combined for 44 assists. Harvard's young defense held the attack trio to only five points...

Author: By David Clarke, | Title: Stickmen Charge Past Bulldogs, 14-6... | 4/26/1976 | See Source »

...this soon changed. Cornell's swift midfielders kept the ball in their offensive end, and the all-American attack trio of French, Eamon McEneaney, and Jon Levine just passed Harvard to death. The fact that the Crimson got outshot, 64-22, despite winning 17 of the 32 faceoffs, attests to Cornell's ability to pass the ball and create scoring opportunities...

Author: By David Clarke, | Title: Big Red Destroys Overmatched Crimson Stickmen, 21-7; Passing by All-American Attack Key to Cornell's Offense | 4/22/1976 | See Source »

...house of Isaac merely out of control; it is also under attack. The Lollipop Gang, a trio of teen-age terrorists, preys on Isaac's women, roughing up Ida and stalking Marilyn. A Lower East Side liberation front, the Lollipops wage a perverse holy war on Isaac's sway. The policeman's determination to keep his fief in order and the Lollipops' efforts to tear it apart are the core of this brilliantly conceived, tortuously crafted novel...

Author: /time Magazine | Title: Books: A Terrible Beauty | 4/19/1976 | See Source »

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