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By the time Albert Malsin died in 1923, Lane Bryant's was grossing $5,000,000 a year. Under the presidency of Lane Bryant's oldest son, Raphael Bryant Malsin, 47 (who took over in 1938), it has continued to expand. Lane Bryant Malsin is still on the board of directors, still owns 23% of Lane Bryant's valuable stock. But whatever Ray wants to do is all right with her. Said she this week: "I really never was a business lady."