Every Woman Should Have
Will of Her Own Prepared
Where They Are...
What They’re Doiny
The records show that America’s
really great colleges and univer
sities are those having large en-
ficials, obsessed with the purpose
of making this good college a
truly great institution, are con
tinuously involved in the building
of the General Endownment. The
Gneral Endowment Funds are
those funds which stand behind
the institution. These funds are
not used in the regular operation
of the college, nor in improve
ment of the capital outlay. Only
the income from these funds is
used. The General Endowment,
therefore, serves as a backdrop
for financial support through the
many, many years to come. For
example, funds which are contrib
uted to the General Endowment
through the college’s Book of Me
mory, are designated "living me
morials”. This nomenclature in
dicates that General Endowment
Funds will enhance the gorwth and
development of the college for all
the years to come.
The Chowan College Board of
Trustees established a policy re
garding the General Endowment.
The policy, very simply, states
that funds received through be
quests—resulting in a person nam
ing Chowan College in their legal
document known as a “will"—are,
unless otherwise designated, to be
deposited in the General Endow
ment Fund of Chowan College.
Only the income on these funds
is used.
Therefore, Chowan College of
ficials, alumni and friends must
unapologetically seek out those
persons who are able to contri
bute in this way to the future of
this great old institution. We must
begin with ourselves howevr. The
following article is of particular
interest.
Every Woman Should Have A
Will Of Her Own
And we agree with you- they
do!
But the point is, is it the kind
that will stand up in a court
of law.
Every woman should have a will
of her own! For our purposes here,
this does not refer to a sense
of determination, but to that im
portant legal document known as
a "will".
Women often underestimate their
need for a will. Harriet H. Dexter
in "Financing Faith" states that
women own 70 per cent of the pri
vately owned wealth in the United
States, 60 per cent of the savings
accounts, and 40 per cent of the
nation’s homes. They dominate 80
per cent of the nation’s buying
power, and own at least half of
the stocks and bonds of our large
corporations.
Each church-minded woman
should study the Christian use of
this power and her responsibility
in the final disposition of what
ever part of this wealth she pos
sesses.
Death necessitates the distribu
tion of one’s possessions. If you
"die intestate", that is, without a
will, the state will distribute all of
your property “by formula." Whe
ther the formula would satisfy
you or meet any needs is by that
time no longer the question—you
have lost your chance to deter
mine who will be your proxy in
distributing your possessions and
to whom they shall belong.
Every adult is single, married.
/ /
/ I
/ The ChowfHiiian Staff {
/ I
/ , . >
/ Wishes You A ^
/ >
/ t
( Happy, Healthy /
^ ;
/ New' Year I
or widowed. A single woman fre
quently has no legal dependents.
If she dies intestate, the formula
used by the state will give her
possessions to near relatives, whe
ther or not they need or want them,
and with nothing designated tor
her church, charities, or any in
stitutions which have been her in
terests. perhaps for a long time.
A married woman may not feel
the need of a will. She should!
She may feel safe in the know
ledge that her husband has a will,
but his will cannot provide for
what is known as “mutual disas
ter."
In these days of high speeds,
a fatal accident may befall both
a husband and his wife, and there
will not be an opportunity to make
a will or name an alternate ex
ecutor. For example, suppose a
husband has a will leaving the
bulk of his property to his wife,
and his wife has no will of her
own. In an accident, the man is
killed instantly. His wife dies
without regaining consciousness.
When the husband dies, the pro
perty is willed to her, but she
died intestate, and the property
has to be distributed by formula.
It would have been much better
if each person had made a will
that would have provided for mu
tual disaster, and disposed of their
property according to their com
mon desires, including providing
for the care of children.
When a woman with a family
is widowed, she usually has to
have her will revised. If the child
ren are small, the will can do
much in many states to determine
their care and custody when the
mother is gone. A lawyer's advice
at this point is highly necessary.
A woman widowed in later life
also must have her will revised.
In most instances, she will recieve
a larger inheritance than would
have been the case when she and
her husband wr starting out to
gether.
She should seek financial advice
immediately on how to care for her
resources because she will, in all
probability, have “confidence men"
contact her with advice on how to
“invest" her money. There are
men who make a good living
swindling widows who for the first
time have to make major finan
cial decisions alone.
In revising her will, a widow
of mature years has a real oppor
tunity to bequeath more for the
work of God’s kingdom. When
the children are grown and on their
own, they usually do not need to
inherit all the estate.
Sometimes a woman who is ac
tive in church work needs to be
reminded that her giving can be
perpetuated beyond her lifetime.
As a worker in her church, she
has supported various church ac
tivities on a local and church
wide basis. These general church
interests can continue to be served
through a properly drawn will.
As a rule, bequests left to the
local church should be for non-
budgetary items or for capital
improvements, such as a new
building. Serious consideration
should be given to bequest for
the missionary and benevolence
program of the denomination, as
well. In this way, the necessity
for the stewardship of giving on the
part of the total membership is not
lessened.
A woman making her will should
study the best way to distribute
her estate to make it count for
the most in kingdom building. To
insure the carrying out of her
wishes, she should consult a law
yer. to make the provisions of
her will legal. X woman with a
will of her own can and should
take advantage of her opportunity
to render a good account of her
stewardship to God. the giver of
all.
—,J. Homer Agee, used by
permission of “The Metho
dist Woman."
Dr. Thomas W. Vinson of Mur
freesboro has entered the practice
of dentistry in Murfreesboro. He
is located in offices formerly owned
and used by Dr. I., M. Futrell.
Dr. Vinson attemied Chowan Col
lege and the llniversity of North
Carolina where, in .liine of this
year, he received the D.D.S.
The Hev. Colon S. .Jackson. Jr .
pastor of Sunset Baptist Church
in Wilmington since September
19()0, has moved, on August 1. to
the pastorate of the First Baptist
Church in Fayetteville. In addition
to being a former Chowanian. the
Kev. Mr. .Jackson is a former trus
tee of (,’howan. During the recent
Bapti.st State Convention in Wil
mington. he served as a member
of the brotherhood of the Wilming
ton Baptist A.ssociation and Vice-
President of the Pastor's Confer-
of the association.
E. Daryl Allen has moved to
p]rwin High School as Head Coach.
Mr. Allen served as football, ba.se-
ball and basketball coach from
19.W through I'jtiH at Liberty. He
attended Chowan from ISi.V) to
and was a football and baseball
standout. He played center on the
Brave team and was co captain
Coach Allen conliiiued his educa
tion at Guilford College where he
played from 19.57 through ',W and
during his .senior year was elected
a co-caplain and was chosen on
the All-Conference team. He
married to the former Katherine
Futrell of Conway. They have
three children.
Rosa Mintford Hewlett, now li.'i
.vea's young, is residing at the
Baptist Home for the aghig in
Hamilton. Mrs. Hewlett's husband
was the late Hev Kovert H. Hew
lett.
Hichard Murray, teacher and
coach at Harrellsville High School,
has been elected to the Harrells
ville Town Council.
Allan Casey. Jr., of Rocky Mount
made the dean's list at Wake For
est College during the spring sein-
ester. Mr Casey has also been
awarded a scholarship by Wake
Fo.est tor the current academic
year.
;iev. Robert H. Wainwright.
Minister of Education at the Smith-
lielil Baptist Church in Smithfield.
Va . was ordained last year. Mr,
Wainwright entered Chowan upon
the completion of a lour of service
with the U.S .Air Force, and com-
pleteil re()uirements for the B.A.
degree at the (Iniversity of Rich
mond. He received his B D. degree
from .Southeastern Baptist Teholo-
gical Seminary last May. A native
of Hampton. Mr. Wainwright is
mari'ied to the former Betty Port-
uood, also of Hampton. They have
two .sons: Robert Bruce and Mor-
ijs DeWitt.
Frank Ashfield of Ahoskie.
N.C. has lieen recently awarded
rnetnbership in I'hj Alpha Theta,
a national honorar-y historic society
recognizing excellence in the study
of history at the University of
North Cai’olina.
•lesse Hay Mansfield, formerly
of Hertford, p.’istor of Hickory
Baptist Church in the North Roan
oke Association, has graduated
from the Southeastern Baptist
Theological Sniinary at Wake
Forest.
SHIP SAILINGS
' ACP '-CONNECTICUT DAILY
C \MPUS, University of Connecti
cut. Storrs. suggests the "1,000
Shi|)s" meth(K,| (if grading coeds.
The idea, a la Helen of Troy’s
face that launched 1,000 ships, is
to rate girls according to how
rn'.iny ships they would launch.
It works this way:
Moi'e than HOO-Wow! From 700
to 9(10 - Proliably a Kappa. DZ.
or .MCI’hi. From 4(10 to 700 —
Are you still dating that girl from
French A? From 100 to 400 -
Honest. Charlie, my sister is a
barrel of laughs. Below 100 -
.Another blind d;ite from Sprague
WHERE DO TWINS MEET? — A favorite place is in front of the Historic columns building on the Chowan College campus. The five
sets of tw/lns are members of the freshman class. They are (from left to right) Frank and Thomas Tucker, McKenney, Va.,
Albert and Allen Glasgovif, Halifax,- Paula and Dana McNair, Richmond, Va., Faye and Kaye Drevi/ry, Franklin, Va , and Sandra
and Andra Cone, Middlesex.
FOR JANUARY, 1964