Milestones: May 20, 1985

DIED. Charles Shipman Payson, 86, sportsman, philanthropist and industrialist (steel, uranium, oil and railroads), and with his late first wife, Heiress Joan Whitney Payson, long a mainstay of the social columns; in Lexington, Ky. Born in Maine, Payson donated more than $23 million to the Portland Museum of Art and was also a major backer of the America's Cup yachts. After his second marriage in 1977 to Virginia Kraft, then a SPORTS ILLUSTRATED editor, they established their own breeding farm, racing stable and training center.

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