Word: lummises
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Dates: during 1970-1979
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On the one side were the old-line executives of the Summa Corp., to which Hughes had transferred most of his holdings after selling the Hughes Tool Co. in 1972. On the other was William Rice Lummis, 47, a Houston attorney, who is Hughes' cousin. He is the representative...
...Mormon will is accepted by a court as authentic, Hughes' estate will be divided among his next of kin; the chief benefactor would be Hughes' only surviving aunt, Mrs. Frederick Lummis, 85, a Houston widow who is William's mother. Even after taxes, the Lummises would probably collect about $300 million apiece. Understandably, the family is eager to have Howard's last place of U.S. residence declared to be Nevada, since it has no state inheritance tax. Texas and California, which have such taxes, are claiming...
Obviously, both the Hughes heirs and the Summa executives have decided they will be better off working together than squabbling over the empire. Their accommodation was preceded by a reconciliation between the maternal and paternal sides of the Hughes clan. At the Las Vegas meeting, William Lummis, who bears a...
Old Man's Whim. Summa will need all the solidarity it can manage. The company faces a number of problems, including its only marginally successful casinos and a lawsuit involving Air West, the airline Hughes purchased in 1968. Most urgently, the company must convert itself from being an old...
Inside the envelope, Kimball found a three-page handwritten will on lined legal paper identical to the type Hughes regularly used for memos to his staff. It was dated March 19, 1968, a time when Hughes was living atop the Desert Inn in Las Vegas. There were no witnesses'...