FOUNTAIN PEN HEIR

Poverty Bay Herald, Volume LXVI, Issue 19887, 15 March 1939, Page 7

FOUNTAIN PEN HEIR

MOTHER’S SMALL BEQUEST

NEW YORK, Jan. 20

Elisha Waterman, who was cut off with £2O in the will of his wealthy father but later found himself heir to a fountain pen fortune and business, has learned what his late mother bequeathed him. It was £2O. The will of Mrs. Helen 11. Waterman, filed in Surrogates’ Court, added another chapter to the 15-year story of romance and estrangement that divided the fountain pen family.

Last May Elisha, who lived in poverty for 15 years because he married against his father’s wishes, became—by his father’s death—eligible to the income from a £1,000,000 trust fund set up by his grand-uncle, Lewis Edson Waterman, fountain pen inventor.

In June, Elisha, aged 39, who earned his living for a while after incurring his father’s displeasure, as a cook, a dishwasher and later as a pulp fiction writer, went to work as executive vice-president of the family fountain pen business. Elisha’s mother, who died on January 11, left her residuary estate to another son, Frank D. Waterman, jun„ of Summit, N.J., and named him an executor of her will. The size of the estate was not disclosed.

Elisha’s daughter, Audrey, now 13, reared by the wealthy grand-parents after the death of his Canadian-born wife in 1928, is to receive at 21 halfof a trust fund established for Mrs. Helen Waterson. The other half, under Frank D. Waterman’s will, went to Frank D. Waterman, jun., at his mother’s death.