Word: moursund
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...hardly a secret that President Johnson likes Texans-and has imported a fair number of them to work in Washington. Yet the Texan that Lyndon probably likes best of them all is one he has left behind. He is A. W. (for Albert Wadel) Moursund, 45, who lives in a modest ranch house in the hills of central Texas, works out of a small brick building off Johnson City's courthouse square, has a passion for anonymity, and insists to inquiring newsmen that "I don't give interviews. I just practice law, that's about...
...Moursund practices more than a little law: he is recognized as a highly respected authority on the law of real property in a state where such expertise counts heavily. He is also the principal trustee of all the Johnsons' land, cattle, municipal bonds, radio and television holdings. Elected Blanco County judge, a largely administrative post, in the mid-'50s, he quit politics after five years, but still is known as "the Judge" around Johnson City...
Through Prickly Pear. Moursund is an all-round man in the best Texas tradition. He controls a local bank. He can survey land, brand cattle, ride a horse through prickly pear cactus, steer his Lincoln Continental through cedar brush in pursuit of game, drop a deer with unerring aim, then gut and skin the animal. To the Judge ranching is more of a pleasure than a source of income. Explains an associate: "He gets a real kick out of manipulating cattle from one pasture to another." He also enjoys food in quantity. When he speaks of a "couple of hamburgers...
...through the day, Lyndon and Lady Bird moved, almost ritualistically, as in a stately saraband. To the old Johnson homestead they went, to reminisce a while about Lyndon's boyhood and to sit in the porch swing. Later they visited at the ranch of A. W. (Judge) Moursund, Lyndon's old friend and trustee of his financial interests. The President sat slumped in a living-room chair for a while and watched the election returns on television. Then, by helicopter, he and his party flew to Austin's Driskill Hotel, waded into the bedlam of newsmen...
...official accounting of the Johnson family's full fortune, disclosed by Trustee Moursund, indicates that the President personally owns about $400,000 in municipal bonds, ranch land, lake property, livestock and cash. Mrs. Johnson's holdings add up to $2,500,000-the great bulk of it ($2,030,000) in Texas Broadcasting Corp. stock. And the Johnson daughters, Lynda Bird, 20, and Luci Baines, 17, each hold $630,000 in Texas Broadcasting stock and real estate. That totals $4,160,000 for the family...