The Spenders: A Tale of the Third GenerationWilson, Harry Leon
General
The Spenders: A Tale of the Third Generation
Wilson, Harry Leon
Inheritance and succession -- Fiction; United States -- Social life and customs -- Fiction
"James T. Arledge died about two years ago, leaving an estate of about
$3,000,000. He had disapproved of the marriage of his son and evinced
his displeasure in his will. The son had married Flora Florenza, an
actress. To the son was given an income of $6,000 a year for life. The
rest of the estate went to the testator's widow for life, and then to
charity.
"Here is the affidavit of E. Wadsworth Arledge:
"'I have been brought up in idleness, under the idea that I was to
inherit a large estate. I have never acquired any business habits so as
to fit me to acquire property, or to make me take care of it.
"'I have never been in business, except many years ago, when I was a
boy, when I was for a short time employed in one of the stores owned by
my father. For many years prior to my father's death I was not
employed, but lived on a liberal allowance made to me by him. I am a
married man, and in addition to my wife have a family of two children
to support from my income.
"'All our friends are persons of wealth and of high social standing,
and we are compelled to spend money in entertaining the many friends
who entertain us. I am a member of many expensive clubs. I have
absolutely no income except the allowance I receive from my father's
estate, and the same is barely sufficient to support my family.
"'I have received no technical or scientific education, fitting me for
any business or profession, and should I be deprived of any portion of
my income, I will be plunged in debt anew.'
"The Court reserved decision."
Public-domain text, read in full here on John Shaqi.
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