Business: Good Humor

Good Humor Corp. of America declares dividends whenever the idea pops into the busy head of Michael J. (''Mike") Meehan. Last week Mr. Meehan passed out a 50¢ dividend. Most of the half dollars clinked into Mr. Meehan's personal pocket. A few found their way to his good friend Alfred E. Smith.

A Good Humor is a diminutive brick of ice cream coated with chocolate or coconut and frozen onto a stick. It is sold on roadsides in and about New York. Chicago, Los Angeles, Washington, Miami, Tulsa, Detroit,...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!