The Black Phantom didn't return in TIM HOLT comics until several months later. Managing to return at all was something of a miracle, since she seemed to have perished at the end of the first story. But then, things like that frequently happen to the bad guys in comic book stories.
Tim Holt was a real-life movie cowboy, the son of Jack Holt. Here is a then recent picture of him, from inside the front cover.