Word: widowing
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When "Rick" Bay died in 1955, his widow found herself the sole owner of 73% of the stock and all of the capital ($28 million) of the venerable Wall Street firm of A. M. Kidder & Co. She promptly incorporated it and became the firm's president and board chairman, the only woman ever to head a member firm of the New York Stock Exchange. "I like a man's world," she explained. "Wall Street isn't frightening." In addition to Kidder, she was board chairman of American Export Lines for two years (until she sold...
Working Control. The stockholders' report was silent, however, on another development that is not rumor. Although more than 50% of the voting stock in Curtis is widely distributed, a single block of 32% is held by Mrs. Mary Zimbalist, 85, widow of the late, longtime Journal editor, Edward Bok, and now married to Violinist Efrem Zimbalist. Another block of some 17% is held by the estate of Mrs. Zimbalist's father, the late Cyrus Hermann Kotzschmar Curtis, the former Maine dry-goods clerk who founded the Curtis publishing empire in 1883. (Mrs. Zimbalist is one of seven trustees...
...office party, despite reassurances of reformed dignity, will end when an overspirited employee tells off the boss-but not before someone has kissed the stenographer. In Yellow Springs, Ohio (pop. 4,167), the mayor and an aide will distribute 10 lbs. of flour and sugar each to every "worthy widow" in honor of ex-Slave Wheeling Gaunt, who left a small trust for that purpose 65 years...
From Windfall Widow Alicja Kopczynska Purdom Clark-who during the week downgraded her age from 32 to 28 and doubled her estimated inheritance (TIME, Dec. 1) to $20 million-came new light on her 13-day marriage to the late Singer Sewing Machine Heir Alfred Corning Clark. Insisted the Polish-born playgirl, who dabbles in painting between café society rounds: "This money would have been left to me whether I married Mr. Clark or not." Echoed her attorney: "Even if the marriage [Clark's sixth] had not survived, she would have gotten it all." Why? Well, explained Alicja...
Last September, 13 days after she became the sixth wife of Singer Sewing Machine Scion Alfred Corning Clark, Alicja Kopczynska Purdom, 32, became his widow. Last week came news that the Polish-born playgirl painter, whose previous marriage to Cinemactor Edmund Purdom was highlighted by clamorous clashes on two continents, had her future sewed up. Ten weeks before he died in his sleep at the family barony of Cooperstown, N.Y., Clark redrew his will to leave to Alicja the bulk of his $10 million estate...