Word: wilmington
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...number of people believe that the costs of corporate reorganizations are scandalously high. Last week they found a Federal judge who agreed with them. Passing on bills submitted in a Federal court in Wilmington, Del. in connection with the reorganization of National Department Stores, Judge John P. Nields slashed the claims of lawyers and trustees from $1,086,000 to $284,000. Said he: "It is apparent that the allowances claimed are excessive and in certain cases exorbitant...
Engaged. Alice F. Du Pont, 22, air-minded daughter of air-minded Alexis Felix Du Pont of Wilmington, Del.; and James Paul Mills, polo-playing son of Mr. & Mrs. Paul Denckla Mills of Glen Head, L. I., great-grandson of the late Philadelphia Banker Anthony Joseph Drexel...
...collection, his yachts. To his four children and a brother-in-law executor, 5,000 shares each in his personal holding company, Almours Securities Inc. To other relations and retainers, securities and annuities. Income from the bulk of the estate, plus $1,000,000 cash and "Nemours," his famed Wilmington estate, with its 1,600 acres and fine mansion, goes to establish a foundation to house and care for crippled children or aged poor, preferably of Delaware...
Last week 521 such chemical engineers assembled at Pierre Samuel du Font's, Wilmington, Del. to tell each other some major developments of their year...
Divorced. Mrs. Louisa Carpenter Jenney, dashing horsewoman, niece of Pierre Samuel du Pont, great & good friend of Torchsinger Libby Holman; from John King Jenney, du Pont executive; in Wilmington, Del. Rich Mrs. Jenney sheltered Singer Holman in 1932 after the death of her husband Zachary Smith Reynolds, later adopted a small girl to keep Smith Reynolds Jr. company...