Bette Nesmith Graham for USD $47.5 million in 1979. At the time, her company employed 200 people and made 25 million bottles of Liquid Paper per year. Bette Nesmith died on May 12, 1980, at the age of 56, in Richardson, Texas. From the start, Graham ran her company with a unique combination of spirituality, egalitarianism, and pragmatism. Raised a Methodist, Graham converted to Christian Science in 1942, and this faith inspired the development of her corporate "Statement of Policy". Part-code of ethics, part-business philosophy, it covered everything from her belief in a "Supreme Being" to a focus on decentralized decision making and
Magnetic South (album) bonus tracks. It was also reissued with "Loose Salute" (both remastered) on CD by RCA/BMG International in 2000. "Magnetic South" didn’t set the world on fire commercially, but did succeed in reinventing Nesmith and helping him escape from his image as a Monkee. During one of the band's first gigs, they played alongside Gram Parsons and the brand new, Flying Burrito Brothers. Nesmith recalls how others seeing a former Monkee decked out in a Nudie suit with a steel player in tow must have been laughable to seasoned Country devotees, such as Parsons. However, their unique sound was enough to