Business & Finance: Heiress, Inc.

The conventional modes of employing great wealth have not appealed to Edith, daughter of John D. Rockefeller, one-time wife of Harold Fowler McCormick, lion huntress, psychoanalyst, philanthropist, social arbiter. Her method of using her money was to incorporate herself. In 1923 she organized the Edith Rockefeller McCormick Trust, capitalized with a five-million-dollar contribution from her and $1,500 apiece from Chicago realtors Edwin D. Krenn and Edward A. Dato. Last week the E. R. M. Trust announced a new financing of eleven million dollars in five year 6% gold notes, "unconditionally guaranteed as to...

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