The Star-Democrat from Easton, Maryland • Page 8

Page 8A The Star-Democrat Thursday, November 8, 1990 Obituaries Paley executors say no decision made of selling CBS holdings wards. Friends may call at the church on Saturday from 11 a.m. to 1 p.m. Arrangements by Lewis N. Watson Funeral Home, Salisbury.

and Eley Downes. Serving as honorary pallbearers will be John Bay-nard, Russell Smith, Walter Clag-gett, John Mears, Barry Fox, Sidney Campen, Linwood Harrison, John C. North II, J. Herbert Carter, Barry Fox and Capt. Walter Chase.

Memorial donations may be made to Maryland Sheriffs' Youth Ranch, Box 42, Buckeystown, Md. 21717-0042. Arrangements are by Tom Helfin-bein Funeral Home, Church Hill. Robert Councell Friends may call at the Newnam Funeral Home, Easton, one hour prior to the service which will be held today (Nov. 8) at 2 p.m.

Mr. Councell died on Tuesday, Nov. 6, 1990. Father of filmaker Barry Levinson dies PIKESVILLE (AP) Irvin Levinson, father of Oscar-winning filmmaker Barry Levinson and a discount furniture and appliance retailer, has died. He was 73.

Levinson, who was the role model of the character portrayed by actor Aidan Quinn in the current hit movie "Avalon," died Tuesday of I w5 i i gestions the stock may be sold "pure speculation." The estate has many other securities and investments, including artwork and real estate, that could be used to satisfy tax obligations, Gallagher said. Paley, longtime chairman of CBS, died last month. Much of his estate, including 1.9 million shares of CBS stock valued at nearly $300 million, goes to his six children. The Journal cited sources familiar with the situation that it did not identify as saying the executors may vote next week on whether to sell the CBS holdings. "We will probably sell that whole block to pay the bills," the Journal quoted one of the sources as saying.

Arthur Liman, another executor, said the group has made no decision on handling the estate's tax liability. The executors meet regularly, but no special meeting has been scheduled on what to do with the CBS stock, he said. weitzer said even if the stock were sold, it would not affect control of CBS. Laurence Tisch, CBS president and chief executive, controls Loews Co-p. and its 24.9 percent stake in CBS.

Media analysts said that stake, along with stock held by employees and investors who support Tisch, effectively blocks any unwelcome bids for control of the company. State takeover laws in New York, where CBS is based, require an unfriendly bid to win the support of two-thirds of a company's common stock. "Tisch has de facto control of CBS," said John Reidy, who follows the media business for Smith Barney, Harris Upham Co. The depressed state of media stocks might make them attractive investments. But media analysts say low stock values stem from weak advertising revenues and restrictions on television networks' financial holdings in their own programming, making this an inopportune time for a takeover.

NEW YORK (AP) CBS Inc. shares edged higher Wednesday amid speculation over whether executors of William Paley's estate might sell the late CBS Inc. chairman's 8 percent stake in the company. CBS has been a frequent subject of takeover rumors, but CBS executives and media analysts said that even if the stock is sold, chances are slim an unfriendly takeover bid would follow. The Wall Street Journal reported a sale of the stock seems likely, parUy because the Paley estate, valued at about $500 million, must raise $190 million to cover taxes.

In midaftcrnoon trading on the New York Stock Exchange, CBS was up $1.75 a share at $159,8712. It traded as high as $162 earlier in the day. Pat Gallagher, executive director of the William S. Paley Foundation and one of six Paley estate executors, said he could not confirm the tax liability figure. He called sug CBS spokesman George Sch cancer.

Jacob L. Woodall OXFORD Jacob L. "Jack" Woodall of Willows Avenue, Oxford, died at Memorial Hospital, Easton, on Monday, Oct. 29, 1990. He was 84.

Born in Baltimore on Dec. 20, 1905, he ws the son of the late Noble G. and Emma L. Krantz Wood-all. After attending public school in Baltimore City, he began working for Baltimore Tube Company, which later became Revere Copper and Brass.

During his career, he lived in Baltimore, California and Chestnut Hills in Howard County, Md. After retirement as assistant personnel manager of the Baltimore plant in 1970, he moved to Oxford. He was a member of the Old Timers Baseball Associaiton. His wife, the former Olive L. Pope, whom he married in 1928, died in December 1989.

Mr. Woodall is survived by several nieces and nephews. A memorial service will be held at Newnam Funeral Home, Easton, on Saturday, Nov. 17, at noon. The Rev.

Dr. Vernon L. Schmid, minister of Oxford United Methodist Church, will officiate. Burial was private. Memorial donations may be made to the American Lung Association, 515 S.

Washington St. Easton, 21601, or Alzheimer's Disease Research, P.O. Box 4780, Rockville, Md. 20855. Wilbert Murray Jr.

PRESTON Wilbert Monroe Murray Jr. died at Memorial Hospital at Easton on Tuesday, Nov. 6, 1990. He was 59. Born in Preston, Sept.

22, 1931, he was son of the Wilbert Monroe Murray Sr. and Martha Jones Murray. His wife is Lillie Mae Murray of Federalsburg. He was member of the Tabernacle of Prayer for All People in Salisbury where he served as a deacon, usher and vice president of community outreach program. He was a former member of Fanners Memorial Church of God in Christ, Jonestown.

He was employed at Thompson Motors in Easton as maintenance technician. His former employers were Black and Decker at Easton, ConAgra Plant in Hurlock and Allen Foods in Cordova. In addition to his wife, he is survived by a daughter, Arietta Quailes of Easton; two sons, Terry Murray of Easton and Donald Gross of Po-comoke, seven stepchildren, Darlene Taylor, Doreen Taylor, Doris Dennis, Margaret Gross, Stephanie Gross, Roland Gross, all of Hurlock and Pearl Johnson of Federalsburg; six grandchildren; three great-grandchildren; three sisters, Ethel Perkins, Lois I. Edwards and Clara Fletcher of Preston; a brother, Herbert Murray Sr. of Preston; and a host of nieces and nephews.

Funeral services will be held Saturday, Nov. 10 at 1 p.m. at Tabernacle of Prayer for all People at Salisbury. Burial will be at Coppins A.M.E. Church, Cemetery, Jonestown.

The Rev. Nathaniel Edwards will assisted by the Rev. Rosic Ed e'SS5 5 Uuvl 7 L5UvJ LI vLxx If WE MUST REDUCE OUR GUARANTEED 20 TO 70 SAVINGS! THURSDAY through MONDAY THOMAS MEREDITH SR. Thomas Meredith Sr. CENTREVILLE Thomas O.

Meredith Sr. of Wye Mills died at Meredian Nursing Center, Corsica Hills, on Wednesday, Nov. 7, 1990 after a brief illness. He was 88. Born in Skipton in Talbot County on Dec.

23, 1901, he was the son of the late Thomas E. and Minnie Morris Meredith. On Jan. 3, 1929, he married Mary Rosalie Shortall of Ruthsburg at Mother of Sorrows Catholic Church. They had been married for 62 years.

From 1929 until 1951, Mr. Meredith farmed at Wye Landing. In 1951, they moved to Wye Mills, where they continued to farm until 1962, at which time Mr. Meredith was elected sheriff of Talbot County. The family moved to Easton.

He served three terms as sheriff and retired in 1974. Mr. Meredith was a member of the Talbot County Farm Bureau, the Easton Moose Lodge, Maryland Sheriff Association, National Sheriff Association, and a life member of the B.P.O.E. Elks Lodge 1622 of Easton. In addition to his wife, he is survived by two sons, Thomas Oliver Meredith Jr.

of Annapolis and J. Howard Meredith Sr. of Wye Mills; a daughter, Mary Ruth Meredith, also of Wye Mills; two brothers, Fred Meredith of Centreville and Albert Morris of Skipton; a sister, Elizabeth Moore of Centreville; eight grandchildren; and five greatgrandchildren. Two brothers, George Meredith and William Meredith, are deceased. Services will be held at 11 a.m., Friday, Nov.

9 at Tom Hclfcnbcin Funeral Home, Chruch Hill. Rev. Charles Osbcrger, Father Leo Montgomery and Father Adrian Furst will officiate. Burial will be at St. Peter's Catholic Church Cemetery.

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