Business: Smart Son

Few know that, Charles Edison, 36, smart son of smart Inventor Thomas Alva Edison, 79, by his second wife, has long been chairman of the directorate of many a company which his father organized. Father Edison has been a director of these same firms, and always their president. But their officers have been purely nominal, for Son Edison has been the chief operating executive. Last week they had traded titles—henceforth, President Charles, Chairman Thomas Alva. Announced their Vice President R. H. Allen: "From now on Thomas A. Edison will more and more pass his time working in his laboratory and...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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