Maxwell served in World War I as a transport pilot.
He acquired the magazine on the verge of financial ruin, and brought it back to being profitable after years of modifying its format and editorial style.
Maxwell became a partner in a liquor distribution company serving northern and central Florida.
He died in September 1957 from a smoking-related disease now known as congestive obstructive pulmonary disorder.
He called it a "cross between a ping-pong globule and a Mexican jumping bean".