Edward Ball (businessman) - Jessie's Death

Jessie's Death

After his sister died in 1970, Ball came under strong criticism for reinvesting the trust's income to build up their value instead of fully respecting the requirements of du Pont's will, which stipulated that after Jessie Ball du Pont's death, trust income was to be used to aid the Nemours Foundation in caring for the crippled children and indigent elderly of Delaware. Ball ignored the criticism, but he couldn't ignore the wave of lawsuits that were brought by other trustees, the State of Delaware and others.

Read more about this topic:  Edward Ball (businessman)

Famous quotes containing the words jessie and/or death:

    He doesn’t want you for friends, that’s why he did it. You see, when guys have been in the line as long as we have, you find out it’s no good to make friends, ‘cause when a friend gets it—well, it’s rough on you. The buddies that come with you you’re stuck with, but you don’t make no new ones. It’s the dyin’ truth.
    Gil Doud, U.S. screenwriter, and Jessie Hibbs. Johnson (Marshall Thompson)

    The death ... of a beautiful woman, is unquestionably the most poetical topic in the world.
    Edgar Allan Poe (1809–1849)