Evening Republican, Volume 22, Number 217, Rensselaer, Jasper County, 8 September 1919 — C. W. FAIRBANKS OWNED THE NEWS [ARTICLE]

C. W. FAIRBANKS OWNED THE NEWS

LONG CONCEALED HOLDINGS DISCLOSED BY A SUPPLEMENTAL INVENTORY. It has just become known that former vice-president 'Charles Warren Fairbanks held three-fourths of the stock of the Indianapolis News, his. holdings in the paper being valued at a million and a half dollars. Delavan Smith, a relative of the dead vice-president, was presumed to have been the largest stockholder. The property was not listed with the first inventory following the probating of the will and was filed as a supplementary report last week. The will of the late vice-president is receiving further notoriety by the effort to break it. His daughter, Mrs. Adelaide F. Timmons, has sued to set the will asjde, alleging that her father was of unsound mind. She states that her father had planned to leave $500,000 for ’the erection of a memorial to his late wife, but that will only provided $50,000. She alleges that her. brothers, Frederick and Warren drafted the will after her father was so weakened that he was unable to comprehend its provisions.