Word: trusts
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Dates: during 1960-1969
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Filed for probate in Los Angeles, the will of Walt Disney settled 45% of his vast estate on a Disney Family Trust for his widow Lillian, their two daughters and seven grandchildren; another 45% went to the philanthropic Disney Foundation, chiefly for the benefit of the California Institute of the Arts, and the remaining 10% established a trust fund for his sister and three nieces. The great fantasist's will mentions no dollar figures, but with all his monumental real-estate holdings and film enterprises, the total is estimated at more than $50 million...
...week visit to the U.S. left French Author François Sagan, 31, with a certain smile. "In America, they trust you," she wrote in the weekly Candide. "They will lend you their cars, their apartments, anything. They are so open that it's troubling. The taxi driver tells you his life story, salesgirls call you 'honey.'" Hélas, she also found much tristesse: "Americans are afraid, afraid of everything, especially of losing their position, of being sick, of not being able to pay their installments on time. And of their redoubtable women they are afraid...
...public voice and private confidant, to become publisher of Long Island's prosperous newspaper Newsday (circ. 415,000). Ordained a Baptist teacher, he has been with Johnson ever since he joined his Senate staff in 1959 after graduating from Southwestern Baptist Theological Seminary. Moyers won the trust and liking of the hypercritical Washington press corps after he took over from the ailing George Reedy in 1965. Like everyone else, he did not find Lyndon Johnson exactly easy to work for. Lately he has been upset by the widening of Johnson's credibility gap; Moyers passed the word...
...music," frequently advises the composers on how to simplify complex rhythms and smooth awkward transitions. They are accustomed to Arnie's wee-hour phone calls (he knows all their working habits) and the familiar question, "Do you really mean this?" In the case of obvious irregularities, many composers trust him so implicitly that they tell him to do the patchwork. In one instance, when Arnstein was confronted with a low F for the violins-it just does not exist on that instrument-he juggled the music for the entire string section to correct it. "Few composers," says he, "know...
...many more of Saxon's controversial branch approvals might now be subject to attack. Many bankers seemed to agree with President Jack T. Conn of the American Bankers Association, who called the ruling "wonderful." But not Saxon, who became co-chairman of the American Fletcher Na tional Bank & Trust Co. of Indianapolis after his term as comptroller expired last month. Saxon scoffed at Clark's opinion as "superficial," forecast a new wave of litigation over branching laws, criticized the way the Government had defended his position. "The original brief prepared in our office was masterly," he said...