Illness and Death
In December 1928, Hadden became ill. He died two months later, most likely of streptococcus viridans, which had entered his bloodstream, causing septicemia and ultimately the failure of his heart. Before he died, Hadden signed a will, which left all of his stock in Time Inc. to his mother and forbade his family from selling those shares for 49 years. Within a year of Hadden's death, Luce formed a syndicate, which succeeded in gaining hold of Hadden's stock.
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