Word: trusts
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Dates: during 1950-1959
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Thus with a cynic's lullaby closed the final chapter-just 24 years ago this month-of one of the most tempestuous custody battles ever fought. The baby was eleven-year-old Gloria Vanderbilt, solemn-faced, button-cute heiress to a $4,000,000 trust fund, headlined in that Depression year as the "Poor Little Rich Girl." Mother was Gloria Morgan Vanderbilt, one of the most publicized Continental gadabouts of the day, who lost the fight for her daughter's custody-except for weekends (with Christmas and July tossed in)-to her sister-in-law, wealthy Art Patroness...
...past few years have seen a striking trend in favor of the plaintiff in damage suits, with ever bigger awards and ever broader liability. Such charitable institutions as churches have been held liable to the extent of having to pay damages out of their previously sacrosanct trust funds. The trend has even shaken the old common-law principle that a government entity is immune from damage claims as long as it stays within the bounds of strictly governmental activities ("The King can do no wrong''). Only last May, the Illinois Supreme Court declared that government immunity to damage...
Although still the idol of India's millions and an extraordinary crowd-pleaser, Nehru has clearly lost his once unshakable hold on the country's intellectuals, business leaders and the press. As the Bombay Current put it last week, complaining about Nehru's trust in Communist promises: "A time has come in India when the free man is not prepared to stake his freedom on Mr. Nehru's wobbly judgment. The oracle of New Delhi is proving too often wrong in his prophecies...
...Trust Territories Five Old Realms...
...funny girl, a natural clown." Says Dean Martin: "She's also a great audience. She loves to laugh. I'd be the biggest hit in the world if I only had 500 like her in every audience." Adds Sinatra: "We have a kind of trust in each other. If Shirley tells me to read a book, I read it. I trust her taste and knowledge, and I think she trusts mine. She is kind of a kook, * but very warm...