The woman in the picture is the lovely LILI DAMITA, famous french actress...unfortunately, later became more famous for being Errol Flynn's first wife and their tumultuous roller coaster of a marriage.
Their only son became an actor himself but quit the business, became a professional photographer and then disappeared while covering the Vietnam War. He was never seen again and nobody knows what happened to him. His poor mother, Lili spent the rest of her life desperately seeking in vain, for any information about what had become of her only child. :-(