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Beneficiary Amount
Helen Stanton $29,082
Michael Stanton 7,725
Bobby Stanton1 10,389
Total 47,196
1It appears that “Bobby” was another name for Dewey.
Dewey acquired a new Cadillac as a result of the first
accident. However, it is not clear from the record whether he
paid the cost of the Cadillac out of the settlement proceeds or
received the car in a side agreement to the settlement. At some
time, Edward obtained control over the settlement proceeds. It
is not clear from the record whether Edward used some of the
settlement proceeds to acquire property described infra.
Dewey and Michael died on June 15, 1964, as a result of a
second accident. There is no evidence in the record that Dewey’s
or Michael’s survivors received any settlement proceeds as a
result of the second accident.
Property records reveal that Mary and Edward engaged in the
following real property transactions between 1963 and 1971:
Date Description of Transaction
11/29/63 Purchased Lot 178 in Prospect Place for $5,000
12/13/63 Purchased Lot 179 in Prospect Place for $1,000
3/26/64 Purchased Lot 174 in Prospect Place for $2,000
3/26/64 Obtained a $1,700 mortgage on Lot 174
1/5/65 Obtained a $751 mortgage on Lots 175, 176, 177 &
178
2/11/66 Purchased Lot 3 on Michael Beckley Plat for $10,000
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