1938

"First things first"... and first has got to be news from Bob Manegold, '38's earnest and enterprising bequest chairman, of ClarkBarrett's substantial life income gift to the College. Since the beginning of the year there have been three or four additional donations of this type, making it Dartmouth's fastest-growing bequest vehicle. Furthermore, Bob observes, "we (1938) ... can be proud of our bequest record. At the end of fiscal 1976, we ranked ninth in the total dollar value of life income trusts that will ultimately accrue to Dartmouth. The aggregate asset value of these trusts exceeds $380,000!"

Bob points out that, as is frequent, Clark had a nest egg of low-yield stock, and by the life-income system he was able to convert some equity into a higher yield without any capital gains liability, at the same time demonstrating his appreciation for Dartmouth and getting a worthwhile deduction on his taxes for the actuarial value of the gift. Many others of us must also be in a position to benefit the College in this way. Bob notes in closing, "Life income trusts are a most efficient vehicle to benefit both your financial position and Dartmouth's. Study your opportunities with your attorney, financial advisor, or Bob Kaiser, Crosby Hall, Hanover, N.H. 03755."

I am in grateful receipt (all communications are gratefully received by class secretaries) of a fine biographical resume of the last 25 years of Bob Stix. In 1951 Bob started his own business, representing leading fishing companies from all over the world. He sold this business in 1972 and has since been doing consulting and investment advisory work. For the past two years he has directed a company in the NYU Graduate School of Management. Bob and Pat's older son recently graduated in journalism from NYU's university without walls. Their younger son is an ardent environmentalist, and their daughter is at the Philadelphia School of Arts.

I'm indebted to '38's past-prexy Paul Urion for a long clipping from the Manchester Union-Leader that even the most ardent Loeb-loather could hardly take exception to, since it reports the presentation of the 1976 Citizen of Manchester award to John R. McLane Jr. The story cites "the many contributions to the community by the 60-year-old lifelong resident of Manchester," among them his involvement in child and family services from 1946 to 1974 and his diligent work for numerous charitable organizations, among them the Manchester Historic Association, the Joint Hospital Building Fund for Mental Health, and the Manchester Boys Club. The State Hospital, the N. H. Advisory Committee on Health and Welfare and the New Hampshire Performing Arts Center in Manchester are also his concerns. McLane, a senior partner in the Manchester law firm of McLane, Graf, Greene, Raulerson and Middleton, resides with his wife Elizabeth and their nine children at 1585 North River Road. Hearty and much-deserved congratulations, Mac.

Recent correspondence documents the continuing athletic prowess of members of the amazing Class of 1938.

For instance, a golfing snapshot was accompanied by a welcome letter from Bob Hallock identifying himself, Charlie Hitchcock, EdWhite, and John Graham as "a fearsome four-some if there ever was one." Bob continues, "We have been playing together five or six times a year the past four or five years at our home clubs — Cohasset, Weston, and Worcester — and have had some great times together....We would like to encourage other '38ers to join us in a match or two — any and all. We are currently trying to arrange dates with Dick Holt and his Hartford, Conn., group. All any one has to do to qualify is to be '38 Dartmouth and have a broad smile, ready wit, and willingness to put up with a lot of fun and good fellowship." Bob urges any who qualify to get in touch with him at 15 Damon Road, Holden, Mass. 01520.

Tennis is Bill Lyle's forte. He reports from Amherst, N.H., having won his town's mixed doubles tournament this year "to the consternation of all the youth." With the graciousness of a good winner "the indomitable Bill Lyle," as the local press calls him, also notes, "I had a very good partner."

Joan Hier, the ALUMNI MAGAZINES class notes and obituary editor, died at her home in Cornish Flat, N. H., on July 27, following a cerebral hemorrhage. The loss to the MAGAZINE and to Dartmouth College, and the shock and sorrow to all class secretaries and newsletter editors, caused by her death cannot be overstated. Joan's cheerfulness and competence and unfailing willingness to help have been of inestimable assistance in the preparation of these columns. She will be sorely, sorely missed. The deepest sympathy is extended to her husband Fritz '44, by this class secretary and, I am sure, all others.

Secretary, Box 187 Damariscotta, Maine 04543

Treasurer, Old Litchfield Road Washington, Conn. 06793