1948 Press Photo Richard Phillipson, only surviving co-founder of Boston Store

"Federated puts, on he all, where members can see them, the best and worst things done in all of our stores," he explained. Lazarus is optimistic about the 1949 business outlook and expects business to hold up well even though somewhat below the level thi

Photo is dated 1948.

Photo measures 8 x 10 inches.

Photo back: