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The Salina Journal from Salina, Kansas • Page 10

Location:
Salina, Kansas
Issue Date:
Page:
10
Extracted Article Text (OCR)

TUESDAY, MARCH 3. 1998 NEWS THE SALINA JOURNAL ESTATE Diana left fortune of $35.6 million Diana's sons will split $21 million and taxes take $14.3 million By EMMA ROSS The Associated Press DIANA LONDON The biggest single share of Princess Diana's $35.8 million fortune goes to taxes $14.3 million and her teen-age sons will receive nearly all the rest, according to her will released Monday. Prince William, 15, and Prince Harry, 13, are to inherit about $10.6 million each. Their mother's estate is composed mostly of the divorce settlement from Prince Charles a year before Diana died in a Paris car crash on Aug. 31.

In December, changes were made to the 36-year-old princess's will to give her executors more power over the trust established for the princes. They will be able to receive money earlier than originally allowed. The will also was amended to allow each of her 17 godchildren to receive an heirloom to remember her by and to provide $82,000 for Paul Burrell, her but- ler and closest aide whom she referred to as "my rock." The changes also allow her wardrobe, wedding dress and intellectual property rights copyright and trademarks and royalties from commercial use of her picture or name to be used to raise money for charity or her sons. The gross value of Diana's belongings estate $35.6 million. After payment of unspecified personal taxes, an estate of $35.2 million remained.

An inheritance tax of $13.9 million was paid to the Inland Revenue tax service, leaving a net estate of $21.3 million to be distributed. The original six-page will. dated June 1, 1993, divided the net estate equally between her sons when they reached 25. Now, the trustees can decide to pay the boys an income before that age. The trustees can give the princes capital at any time, but after the boys turn 30, they can ask for their share of the capital in full.

The executors of the will are Diana's mother, Frances Shand Kydd; her sister, Lady Sarah McCorquodale, and the Bishop of London, the Right Rev. Richard Chartres. William gets an equal share with his younger brother, despite the fact that he will inherit his father's Duchy of Cornwall, land holdings worth millions. Thompson sworn into office By The Associated Press WASHINGTON Former Kansas Treasurer Sally Thompson has officially begun her new U.S. Department of Agriculture job.

Thompson's swearing-in ceremony as the agency's chief financial officer was Monday. "I am thrilled to have a fellow Kansan, Sally Thompson, on my MAURE WEIGEL Auto Home Insurance Phone 827-2906 115 East Iron team here at USDA," said Agriculture Secretary Dan Glickman. "She has done an outstanding job as state treasurer of Kansas and I know that she will make her mark here in Washington." Thompson, a Democrat, reports to Glickman on all USDA finances. Clyde Graeber, a former GOP state representative, took office Friday as state treasurer. THEATRES For MOVIE Soloclions oriel SHOWTIMES Coll 825-91O5 We vc gone world wide web 1 www.dickinsonlhcalrps.com PEOPLE WHO KNOW YOU, PEOPLE YOU RELIED ON YESTERDAY, i v- ways to win! Instant Win game pieces reveal the words "YonHre Scored!" or collect and Win Game pieces for a specific series of three basketball shots to win cash or merchandise.

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Santa Ft, sallna 825-6296 1-800-26MI76 Your News Source the Salina Journal RECREATION Trampoline injuries are increasing Doctor says trampolines are training devices and not 'backyard toys' By Tht Associated Press Trampoline injuries to children are soaring and most of the accidents happen at home, according to a study issued Monday. A manufacturer said trampolines are safer than bicycles. Children suffered 58,400 trampoline injuries in 1995, almost twice as many as just six years before, according to a report in the March issue of Pediatrics. Ninety-three percent of the injuries took place at home, it said. The American Academy of Pediatrics warned about the dangers of trampolines in 1977 and issued a policy statement in 1981 saying it is never appropriate to use them in homes or recreational settings, noted the report's author, Dr.

Gary A. Smith. "Trampolines were designed as training devices, and they were never intended to be used as backyard toys," Smith said in a telephone interview Monday from Columbus, Ohio, were he is a pediatrician at Children's Hospital. He said parents "think if they supervise their children, follow the safety directions, that these things can be safely used in the back yard. And that is a myth." A spokesman for the nation's largest trampoline manufacturer said sales of the devices rose fivefold nationwide during the study period, and that the findings attest more to the increasingly safe use of trampolines than to their dangers.

"You're several times more likely to wind up in the hospital from riding a bicycle than from bouncing on a trampoline," said Bud Nichols, general manager of Jumpking in Garland, Texas. "But they haven't suggested not riding bicycles." Vaccines show promise for curing cancer By The Associated Press NEW YORK Two vaccines to make the body attack the deadly skin cancer melanoma are showing early promise in patients. The patients had advanced cancer. While tumors shrank in some of them after treatment, it's too early to know whether the therapy will help patients live longer. Melanoma vaccines to treat the disease rather than prevent it have long been tried in patients, and some past studies have reported they prolong life.

The new work is reported in the March issue of the journal Nature Medicine. the Salina Journal Blue Ribbon Car Wash R.G.B. SCHMIDT 1 Jfnsurance. inc. Chit on a Limb HOME STYLE COOKIN 1 CAFE Computer Consultants of Central, Kansas Frisbie CONSTRUCTION JLSON md Co.

FIRE Reynolds Real Estate Auction Diehl Construction First Choice Support Services Mr. Windshield Superior Supply Inc. First National Bank Abilene Coronado Engineering Western Auto Triangle Trucking Fuller's Auto Truck Recycling Center KASA Industrial Controls Kleppinger Funeral Home Jewell Heartland Bank Jean Curry Shelter Ins. Creek's Pizzeria APARTMENTS Carlos O'Kellft itasfemrattf grandma. restaurant (W.

Central National Bank 7liWMii 7I545MI27 Plumbing SALINA STEEL SUPPLY. INC. Lorenson Welding Journal Newspaper In Education Week March 1 March 7 What is NIE? Newspaper In Education Newspaper In Education is an outreach program in support of education. Along with these businesses, the Salina Journal co-sponsors newspapers used as classroom materials. Schools, businesses or individuals may purchase sets of newspapers used for teaching purposes at the special NIE rate.

Free teaching guides and educational supplements are available with NIE orders. Students around the area and in countries around the world are observing this special week by using newspapers in their classrooms to understand their world. For more information about our NIE program or to sponsor a classroom, please write: Creative Landscaping Ash Enterprises Chubbuck Grain Concordla DKICNS by Holmes Construction Architectural Services Pius, P.A. WATERS A America's Strongest Banks Bethany college OYAL TIRE CO: Dave's Conoco ALLEN INSURANCE Heating Air Conditioning Inc. Ranger's Steakhouse MALTY 132518TH STREET BELLEVILLE, KS 66935 The Salina 333 4th Salina, KS 67401 or call Val Nothern 823-6363 or 1-800-827-6363, ext, 335 913-823-7200'800-391-7201" 1216 S.

Santa Fe FRANCIS ACADEMY, INCORPORATED 'RENTAL, INC; Mr. Of Kansas IKansas (Cellular' Jtlassman Termite Pest Control College Park Village REALTY The Clock Shop Allstate Insurance Adam Healv OBLE Hays, KS Of Jcseott MORTUARY CREMATORY Mortuary LA CASITA SALINA VORTEX Silver Ball Gam Room Eldorado National Inc. of Kansas Bert Wetta Solas Abilene Landmark Surveying.

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About The Salina Journal Archive

Pages Available:
477,718
Years Available:
1951-2009