Theodore Bodenwein

[1] Bodenwein left school at the age of thirteen and in 1881 he became an apprentice in the offices of the newly-founded The Day newspaper in New London, Connecticut.

In September 1891 he purchased The Day from Major John Tibbits, who had left for England to be the US consul in Bradford.

In 1901 Bodenwein purchased the Morning Telegraph and ran both newspapers out of the same office, then an unusual arrangement.

The Day Trust operates the newspaper and devotes a portion of its profits to charity through the Bodenwein Public Benevolent Foundation.

The trust arrangement survived a lawsuit by Bodenwein's son Gordon after Bodenwein's death and an adverse ruling by the IRS after the death of the last surviving heir in 1978 that could have forced the divestment of the newspaper's stock.