People, Feb. 16, 1976

As a model, Margaux Hemingway had graced enough fashion pages to sup port a Boy Scout paper drive; as a businesswoman, she held a $1 million contract from Faberge for plugging perfume. What else could there be?

Movies, of course. Now in Hollywood working on Lipstick, a courtroom drama starring Anne Bancroft, she has been performing by day while taking acting and voice lessons in her off hours. "I can read the script before I go on and memorize my lines after studying them just one or two times," she reports with obvious pleasure....