Thursday, February 05, 2015

Frugal Service Station Worker Leaves $6 Million to Hospital, Library in Small Vermont Town

From Slate:

A 92-year-old man known to be very careful with money—so careful that one acquaintance knitted him a winter hat because she was worried he couldn't afford one —left $6 million in what his attorney describes as investment income to the town’s hospital and library when he died. The man, Ronald Read, was a high school graduate and World War II veteran who worked at JC Penney after retiring from his job at a service station.

The Brooks Memorial Library will receive $1.2 million from Read—twice as much as its entire current endowment—and $4.8 million will go to the nonprofit Brattleboro Memorial Hospital.

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