Oldest department store in New York is Hearn's, founded in 1827 by an immigrant descendant of an English divine. In the 1870's many a rich old lady in coach and four clattered over the cobblestones of 14th Street to alight at Hearn's for a camel's hair shawl at $10,000 or laces at $1,000 a yd. For 105 years the store was managed by the Hearn family whose youngest executive, Donald Hearn Cowl, kept a yacht as late as 1931 and raced every Saturday with Junius Morgan. But in 1932...
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