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Trella Hemmerly – 1980-12-12

Friday December 12th temperature 48
To Ted Mitchell at 11:00. He and Halberstein had a typewritten projection of estate taxes- about $87,000 down quite a bit from Charlie Dunn’s $137,000. I would have liquid assets to handle that. Also suggested an agreement with Kathi and David that the corporation buy their Hemmerly shares if they died. Becomes treasury stock and elevates value of remaining shares and protects Corporation from having stock owned by outsiders or minors. I can give $3,000 a year to each with no tax liability. More than that uses up unified tax credit.
Howard Isler delivered and laid white shag carpet in living room before I went to work $30.
Lakewood delivered 150 poinsettias. Nellie Kline in to help wrap. I ate my lunch at mothers. She seems better each day.
Picked Mary Jordan up at 6:15. We had dinner at Turroffs and then to Palace to see “The Nutcracker”- good dancing- poor sets and recorded music. But I enjoyed Mary’s Christmas gift to me.