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...estate taxes: $253,869.44-less than 0.2% of the amount that Astor could not take with him. How did Testator Astor do it? It seemed, under New York State and federal inheritance statutes, kind of easy: he left about $61.5 million to his wife Brooke as a taxless widow's mite. $60.5 million to the Vincent Astor Foundation and sev eral much smaller charities (also untaxable). Some $5,000,000 went to pay o"f debts, all taxes, administration expenses and lawyers. All that was left to tax was some $775,000, out of which the federal tax-types...

Author: /time Magazine | Title: People, Jul. 11, 1960 | 7/11/1960 | See Source »

...honor Dr. Wilson, 71 and still practicing, the grateful Widow Rockefeller is giving $500,000 to the Kirksville (Mo.) College of Osteopathy and Surgery,* to be spent over ten years, to support a professorship and two fellowships in osteopathic theory and practice. In a separate but by no means coincidental move, the Rockefeller Brothers Fund (representing Martha Rockefeller's stepchildren) gave $500,000 to be spread over three years and used mainly for strengthening the faculties of all six U.S. osteopathic schools. The purpose, as defined by Laurance Rockefeller: "To increase still further the substantial contribution the profession...

Author: /time Magazine | Title: Medicine: Rockefellers & Osteopathy | 7/11/1960 | See Source »

Died. Mathilda E'izabeth Frelinghuysen Davis Lodge, 85, widow of Poet George Cabot Lodge and the mother of U.S. Representative to the United Nations Henry Cabot Lodge Jr. and U.S. Ambassador to Spain John Davis Lodge, whom she raised in the home of their grandfather, U.S. Senator Henry Cabot Lodge Sr.; after a long illness; in Washington...

Author: /time Magazine | Title: Milestones, Jul. 11, 1960 | 7/11/1960 | See Source »

With a tooting of trumpets, the last major work of the late tempestuous British sculptor, Sir Jacob Epstein, was unveiled by his widow last week on the pink sandstone west wall of the new Coventry Cathedral.* Commissioned in 1957 by the Cathedral Reconstruction Committee, the monumental four-ton sculpture of the cathedral's patron Saint Michael Triumphing Over the Devil was completed 18 months later and partially cast in bronze by the time Epstein died last summer. Before the assembled crowd, the Bishop of Coventry, the Rt. Rev. Cuthbert Bardsley, called it "an unforgettable picture of the cost...

Author: /time Magazine | Title: Art: Last Work | 7/4/1960 | See Source »

...female Lear, and a Polish actor played Shylock as a fat, wisecracking Broadway type. At Stratford, Ont., Tyrone Guthrie mounted a brilliant, modern-dress All's Well That Ends Well in which the almost Ibsenite heroine became a waifish debutante and the play's "Florentine widow" turned into a wonderful old madam catering to occupation troops...

Author: /time Magazine | Title: THE STAGE: To Man From Mankind's Heart | 7/4/1960 | See Source »

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