Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

-J- ^ - v~ . - . / ]•'. The Chronicle Strives To Be A Clean News paper, Complete, Newsy and Reliable QUintan If Y’ou Don’t Read The Chronicle Y’ou Don’t Get the News Volume LIV Clinton, S. C, Thursday, November 5, 1953 Number 45 BABSON DISCCSSES “WILLS” y...... ?, F'Wl' v W * i mM By ROGER W. BABSON New Boston, N. H.,.November 1— In view of my recent column on the importance of Trust Funds for chil dren and others, I must today refer to the recent terrible kidnaping and murder of the six-year-old son of Robert C. Grenlease of Kansas City. What Causad The Kidnaping? Apparently, Carl Hall, a son of a reputable citizen, was the cause of this frightful crime. Although Carl Hall’s father knew that his boy was rather unstab le, yet he left him $200,000 of proper ty outright. If Carl had been a poor boy and trained to work, the crime might never have I occurred. Or if the l father had left his JUgtr W. B*b»o* hoy, Carl, the money in Trust it probably never would have happened. Unfortunately, money was left to the Hall boy outright, enabling him ti live like a “drunken sailor” as long as it lasted; but when it was gone he was penniless, “left in the gutter.” Young Hall could not re adjust himself to these changed conditions. He sought to devise a plan to again get a fortune for nothing. This kidnaping was his “solution.” Hence, the crime, mur der, disgrace, and grief which came with it. I repeat that if the money had been left in Tjust so that the boy received a fair sum from the Bank each month, the crime might not have happened. , So much for this. Haye You An Up-To-Date Will? J Now leit me discuss WILLS, which must come before any Trust Funds can be provided. There are ver\ T important reasons for every one to make and constantly revise a WILL. Perhaps youf wife may die first or you both get killed together in an automobile accident. Perhaps some relative of hers (whom you do not like) would get her share of your property. Your wife might cut off one of your chil dren or all of the grandchildren if she married again. If you have not made a WILL you should consult your lawyer itomor- • row. First, find out to whom your property would go if you died now. (His answer will surprise you). Second, ask him what could happert to your life’s earnings and savings if your wife should marry again (Could she curt off your own chil dren and relatives?). Third, could one of your own children marry and give or loan her part to her husband to lose in some business or investment? Fourth, are you abso lutely protecting your grandchil dren? What About Taxes? Assume you may die tomorrow and leave, with or without a WILL, considerable property to your wife, your estate might be liable for a heavy tax upon this. Then assume that in a few years your wife should die and your children in herit this money. This could re sult in a second tax.- In fact, with out a WILL, the grandchildren might get v£ry little. You'd ^better leave your wife’s share, at your d%ath, to a Trust Mompany in trust for your children and grandchildren, with this pro vision: So long as your wife lives, she is to have the income. At her death, your children can have the income. When your grandcihldren reach a certain age (say 26 years), after the death of your wife and their mother, they are to gradually get the principal, as well as the in come. Remember Relatives and Charities Have you an aunt or cousin who was very good to you when you were young?' These you can re member only by a WILL! On the other hand, without a WILL your estate could go to distant relatives whom you never knew. Remember you can easily remember these old simple codicil, which your lawyer relatives and friends by adding a can quickly draw. Do it now. Nev er sign any paper while in your last illness. Be sure the original of your WILL and ALL CODICILS are in the custody of a bank, with only copies in your home safe or your safety deposit box. Why not give something to the Church which brought you up, or to some hospital or other charity? You would not live in a commun ity without these. Then you should help them out. You can do it only by making a WILL or CODICIL. My full name is Roger W. Babson. The “W T ” really stands for Capt. Ward, an old Gloucester fisherman; but when people ask me for what it stands I reply “Will.” I wish 1 could devote the rest of my life to helping people to make WILLS and CODICILS. ' PIANOS “f Paid Judge Cooper At Memorial Service paid brief tributes to their late as sociate. Judge Timmerman said, “My as sociation . . . convinced me he was a fine man. Practically everyone! who knew Bob Cooper respected him. His career commanded the^ respect and esteem of all his as sociates.” Judge Wyche said, ‘There was no test which Judge Cooper failed to meet.” Justice Oxner, who sppke in be half of the South Carolina judici-; ary, recalled how considerate and kind Judge Cooper had been dur ing a trip to college when Justice! Qxner was a teen-ager. ► }At: Wofford read a letter from Judge Ashton H. Williams of the Eastern District, who was unable to attend because of a court com mitment, which said in part, “Judge Cooper was one of the most attrac tive and fascinating men I had ever known.” The Greenville Bar Association,) which arranged the service, pre sented a white orchid to Mrs. Coop er, who was to leave for Alabama shortly afterwards. P. C. Defeats Catawba 26-19 In Homecoming Game A 22-yard touchdown pass from quarterback Harry Hamilton to end Bobby Jackson in the final seconds of play gave Presbyterian a 26-19 football victory over Catawba before a large homecoming crowd here last Saturday night. Hamilton showed a deadly accur acy in passing for 138 yards and two other touchdowns. His final strike broke a 19-19 deadlock which Catawba set up earlier in the fourth on a pass from quarterback Harold Carter to end Baker Hood. Presbyterian scored first when end Ken Daughtry snapped up a blocked kick on the Catawba 23 and ran over. Catawba hit pay dirt midway in' the first quarter when fullback Dick Smith plunged through center for 10 yards. Sub fullback Elbert Holt ran 30 yards and another score in the third period. Presbyterian’s other aerial TD's came in the third and again in the fourth quarters. Presbyterian scoring: Touch downs, Daughtry, Counts, Jackson 2. Conversions, Carter, Jackson on pass from Carter. Cataw'ba scoring: Touchdowns, Smith, Holt, Hood. Conversion, Barnes. RANGE RUST If your kitchen range is rusted,) go over the surface with a soft cloth dipped in vinegar. If necessary', go over it a second time. - j STUCK STAMPS If postage stamps have become stuck together, lay a thin paper over them and run a hot iron over them. Th' 1 mucilage will not bfr hurt. THIN FABRICS About one teaspoon of borax add ed to one quart of water makes an excellent solution ' for stiffening thin fabrics and fine laces. OFFICE SUPPLIES CHRONICLE PUBLISHING CO. Dr. Felder Smith OPTOMETRIST Laurens, S. C. Phone 794 HARVEST FESTIVAL ^ / Thursday, Nov. 5 6:30 P. M. — CLINTON ARMORY FUN AND FOOD FOR ALL Sponsored by Florida Street School P. T. A. PROMPT, FRIENDLY SERVICE ON HOME LOAN APPLICATIONS Because your home loan application is approved locall\ and does not involve borrowing money from some far-distant corporation, you get better quicker service with us. Loans are made from our own funds, handled bv our own local staff . . friendly .people you know who are here to help you. »;and loan association A Clinton Institution Serving Clinton People Since 1909 Telephone No. 6 New Spinets Grands Reliable Rebuilt Pianos It costs you NOTHING to use our long experience in selecting pianos THE HAMMOND ORGAN World'* Largest Selling Organ LOW COST TERMS Buy with Confidence! Rice Music House SOUTH CAROLINA’S LARGEST Anderson Columbia Greenvilla — Spartanburg ONE BAG REPLACES 700 fbs. CORN! Wont to moke pork profits? Then get your hogs on ”SQ” Hog Concentrate. Man, how they'll grow . . . and how you will save grain. One bag of "SO" replaces 12VY to 13 bu. of com. Compare the cost. Isn’t that making money* Sure, this feed has lots of Anti biotics and B-12, too. Buy some and try it. C-W-S GUANO CO. Phone 62 Clinton, S. C. “Your *80* Feeds Dealer Greenville, Nov. 1—Simple trib ute was paid the late Judge Rob ert A. Cooper in memorial services here Saturday by many who knew him best during his long political and judicial career. Judge Cooper was a native son of Laurens county. Perhaps the best memorial of dozens during the hour and a half service in the Federal Court room came from Eugene S. Blease of Newberry, former State Supreme Court Chief Justice and long-time personal friend of Judge Cooper. ‘There is no evil in his life to be remembered,” Justice Blease said. Speaking of the period in which he knew Judge Cooper as circuit solicitor, Justice Blease said, “The innocent, even the guilty, to whom mercy should be extended, had a true friend in our good solicitor." Justice Blease, who with other speakers directed his remarks to Mrs. Cooper, said that while her husband was governor of South Carolina during the first post-war depression years, he was sucessful in asking the Legislature not to cut chool funds. Later Homer S. Blackwell, Lau- reps attorney, who to Rover as so licitor when Judge Cooper became governor, pointed out that the judge always was considerate of the wel fare pf South Carolina schools be cause he himself, despite serious fi nancial handicaps, had been able to get an education. Mr. Blackwell briefly recounted Judge Cooper’s career, including his admission to the South Caro lina Bar Association in 1898, his 12 years as solicitor, two tepns as South Carolina governor; - wprlq in Washington on the Federal lEarm Loan Board and with the RFC, and his 14 years as Federal Judge in Puerto Rico. Thomas R. Wofford, Greenville attorney, read portions of a similar service held recently in Puerto Rico. He quoted one Puerto Rican at torney as saying, “It will be dif ficult to replace him 4n court. It will be impossible to replace him in our hearts.” District Federal Judge George Bell Timmerman and C. C. Wyche and Asociate Justice G. Dewey Ox ner of the State Supreme Court LION'S Remington 60 Deluxe is a deluxe master barber, with 6 extra-long Blue Streak heads; powerful AC-DC stop-start motor. In handsome simulated leather gift cose for easy, smart carrying. Headquarters for Remington Shavers since their creation. erntmee Thursday Friday Saturday on your old electric ikover, regordleij of rrsoke, oge or condifion. ORDER NOW for Christmas! $2 deposit now holds your Remington f 60 Deluxe — engraved and ready 1 for Christmas. BLUE NILE DIAMONDS Also Available in Sterling Silver, $39.50 14-K Gold, $49.50 Platinum, $99.50 /\