Historical Newspapers of South Carolina

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Paffe Four /l THE CLINTON CHRONICLE Thursday, November 3, 1949 Coal Situation In State Critical Charleston, Oct. 31.—The coal situ ation -in Charleston and over the state has reached the critical stage, a spokesman for the local coal deal ers association said today. Many towns and cities in South Carolina are' reporting their supplies txhausted and others, as irt Charles ton, have less than ten days’ supply on hand, he said. Some coal yards are limiting cus tomers to one ton at a time. Sumter was the only city in the state to report more than a month’s supply of coal on hand. That city has a backlog of 45 days’ supply. OFFICE Sl’PPLIES Call 74 for all the little items needed for the office. BIRDS gfffS mh *20- on this amazing PHILCO freezer OFFER Too Many People Fail To Make Wills, Babson Holds Babson Park, Miss., Oct. 28. Too for example, if the estate is $10,- many people die without leaving a 000 or less, the wife gets all. If the will. The result: financial tangles, estate totals more than $10,000, the family squabbles, wife, gets the first $10,000, and only lawsuits, and the one-half the additional value of the disposition of the estate. The long lost relatives get property entirely the rest! Wherever you live, the le- contrary to the re-i^al disposition of your estate may be quests of the de- < l uite contrary to your wishes, ceased. Why Procrastinate? Some day each of i Don’t be foolish. I knew a thrifty Scot who said he would save ten dol lars and a visit to his lawyer. He got a sample form of a will, copied it. but failed to have it witnessed by the proper number of witnesses required I use of part of the dollars thus earned. : Practical suggestions were offered business, labor and government both at home ajid abroad as to the j I part each should play in closing the so-called dollar gap without con tinued American aid. I Prepared under the direction of : Wayne C. Taylor, assistant to the "ECA administration and head of the special investigating mission that spent ten weeks in Europe, the re port established once and for all that) the traditional excess of American exports over imports had been fin- < anced for the most part by the Un ited States government and nation als. This so-called “favorable balance” amounting between 1914 and 1949 to more than $101 billion was offset in large part by government loans and grants totalling to $68 billion. Of the latter amount, $49 billion was in out right grants, “while $19 billion*were designated loans.” SUBSCRIBE TO THfc CHRONTCLA us will die. Making a will can neither hasten nor retard death, but a proper ly drawn will, ex- Bcfw V. ecuted by a competent lawyer, may i by his state to make this document save post-mortem disputes and pre- j legal. The probate court tossed it vent the distribution of an estate con- | out and the old man’s wishes went trary to the wishes of the testator. : to the winds. A friend of one of my business as sociates died the other day. She was a widow in her middle fifties. She had no children nor near kin. She left no will. She had talked to many about her estate and what she had her heart set on doing with it when PHILCO AV-75 Amazing upright convenience. 3 reach-in com partment*. 7 cu. ft. capacity. Com* in NOW—for a limited time* any 20 Birds Eye Frosted Food labels are worth $20 on the purchase of this Philco Home Freezer. Or, you can have your choice of a Philco cabinet type Freezer Model DH-81 not illustrated). Amazing savings act now! BUY ON [ASY TERMS T. E. Jones & Sons ( omplete Stock Household Furniture For example, property belonging to an intestate estate usually cannot be sold without a license from the court. This costs money. A will saves this difficulty. The testator can direct exactly how his property is to be dispoosed. Everyone, man time came. Then she hastily ad- or woman, who has real estate, bank cied: “I have twenty-five more years accounts, securities, or a car should t0 i; Ve and plenty*of time to think have a until he ; to frame Get Better Taste will and he should not wait a bou a will.” She would shudder now, I am sure, could she see the property being divided up by law among all her first cousins. It used to be the custom among English lawyers, at professional meetings, to offer the first toast to who wrote their own wills! know that carelessly written wills bring the lawyers lots of bus iness. Says America upfon his death bed. either, this inrxirtant document. Every state has laws concerning the disposition of property for those who are too lazy to make a will. Let us suppose you are married, your wife is living, and you have young those children. You die, leaving a modest | They amount of property. You leave no i will. In most states your wife is entitled to only one-third of your property; your children, whether you have one or a dozen, to the other, two-thirds. Your wife must be ap- Should Buy More pointed legal guardian which invol- r p ves an appreciable expenditure from rfOm LUTOpe your children’s share of the property. | ♦ Your wife’s share of the prosperity) Washington, Nov. 1.—The Econom- i may soon be exhausted trying to sup- ic Co-operation administration said ! port the children. When your chil- today that the United States must buy dren come of age and receive their at least $2 billion more annually from inheritance, they may not see fit to Europe or see its own exports “dwin- aid their mother. Thus your widow die to a mere trickle” and living con- lives on “old age assistance” because ditions abroad drop to a point en- you failed to spend $10-$25 and a dangering world peace, half an hour with a lawyer. in an unprecedented report of a We all know of situations where, special investigating mission to Mar- without a will, property and especial- shall plan countries the agency de- ly real estate has passed along, by nounced this country's “antiquated law. to children not on speaking and in some cases inequitable cus- terms with one another. One of the toms procedures" and “prohibitory” inheritors may wish to sell. rent, or tariff rates it found inconsistent with ; otherwise dispose of the property, our position as the world's only big The consent of other brothers and creditor nation. ■dster* who have a similar interest The report criticized European .n the pr >perty cannot be obtained, producers and exports for their fail- The fam.ly squabble continues and ure to make more aggressive selling 'all parties lose money via lawsuits, efforts in this country and European • Or. consider the case when a man governments for depriving export- dies and leaves no children but leav- .ers of the incentive needed for sus- es other relatives In Massachusetts tamed effort by forbiding them free And More of It! GET 12 FULL GLASSES IN PEPSI’S SIX 12-OZ. BOTTLES More for your money—in taste and value. That’s Pepsi, America’s favorite big bottle cola. Pick up 6 Pepsi’s today! WHY TAKE LESS... WHEN PEPSI’S BEST! BUY A CARTON TODAY! 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