James Lee Jr stepped aside as head of the Lee Line in 1894. His son
Robert E. Lee became President and was President until 1913 when
the business was incorporated in New Jersey and Walter Edge the
husband of his sister Sally’s daughter Lady Lee Philips Edge became
President. Robert E Lee’s sister Rowena Teagle’s husband Walter Teagle
became Vice President. In 1913 the 14th Amendment to the US Constitution
permanently enacting the income tax became law.