The Press: Fronia's Folly

When 62-year-old Fronia Sexton started the Ironton (Ohio) Courier a year ago, almost everyone thereabouts—including Fronia herself—expected the daily to be the crowning glory of a successful business career. In the Ohio River towns of Ironton and Ashland. Ky., where even competitors called her a "business genius," Mrs. Sexton had started her climb in the '20s with a small restaurant, nursed her assets until she was able to buy a movie chain, assorted real estate, and controlling interest in the Citizens National Bank, of which she became president.

Fronia plunged into publishing with her usual gusto, dividing her time between bank and...

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