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Newspaper
Vernal Express
Location
Vernal, Utah, United States of America
Date
Sep 17, 1953
Page
5
A pamphlet from Beye EB Babson argues leaving a widow’s share in Trust protects her and preserves assets for heirs. It discusses using bank trustees to provide income for the wife, delay access to principal, and ensure grandchildren benefit after the widow’s death, with estate tax considerations and strategic trust planning for sons and daughters.
The author discusses how Federal estate taxes would be reduced by splitting a single trust into two. If the wife holds a general power of appointment in one trust, only that trust would be taxed at her death. The other trust would be taxed at the husband’s death but escape taxation at the wife’s death. The writer notes not being a lawyer and cites George L Whit as a source from Newton-Waltham Bank.
Roger W Hobson offers a free scholarship under the Utopia plan of Education at Eureka Kansas College of Business Administration. The first reader with proper qualifications to apply wins. For details contact Don Chun secretary at Wesley Hills Massachusetts.
A Civil Aeronautics Administration view notes that aerial dusting and spraying rose in 1952, using airplanes to protect crops and forests and reduce disease-carrying insects. The effort also provides gasoline and lubricants for planes and materials for insecticides.
A countywide rush to buy The Clarion fizzled leaving Jack Cront and others puzzled. Whitey Fisher’s truck spilled cream from a 5 gallon can as Tiny Fields halted traffic and a kitten lapped it up. The incident underscored neighborly tolerance amid a lighthearted town scene.
A Ballard gathering at the Johnson home marks Mr Wendell Johnson s birthday with the Russel Todd and Farrell Mohiman families and friends including Miss Maxine Winkler Cherl Gardner and Lora Asay. Sept 8 relief society work day and quilting noted.
A series of Utah real estate transfers list Doris Morrill and Valor Morrill conveying property to Dwight and Alice Copperfield. John and Mary Young to the State Road Commission for 42.50. Brady to the State Road Commission for 10. Lever to the State Road Commission for 10. Burke to Marcheta Caldwell for 2500. Morrison to Maeser First Corporation Church for 4000. Oaks to LaVell Swann for 100. Collier to Meacham for 1. Meacham back to Collier for 1. Meacham to Collier for 1. Collier to Meacham for 1. multiple land parcels described by sections townships ranges and acreages included. Additional notes mention local residents at committees, LDS events, and parade observations.
A flexible self sealing gasoline tank made of layered cloth is now available for military aircraft. The design uses swelling coating that seals bullet holes when in contact with gasoline, ensuring continued fuel supply during combat.
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