The Chronicles of Major Peabody: The Questionable Adventures of a Wily Spendthrift, a Politically Incorrect Curmudgeon, an Unprincipled Wagerer and an Obsessive Bird Hunter
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Galen Winter. The Chronicles of Major Peabody: The Questionable Adventures of a Wily Spendthrift, a Politically Incorrect Curmudgeon, an Unprincipled Wagerer and an Obsessive Bird Hunter
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The Chronicles of
Major Peabody
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My first meeting with Major Nathaniel Peabody, USA (ret.) was, I’m sure, a disappointment to him. He expected to receive a lump sum distribution from his father’s substantial estate. As I recall it, the first time he entered my office he immediately inquired if a partial distribution (as he put it - “a mere pittance of say twenty-five or fifty thousand dollars”) might be made before the final settlement of the estate. I told him he would receive no lump sum disbursement either before or after the final settlement of his father’s estate and that he was the beneficiary of a Spendthrift Trust with quite definite terms.
When the Major recovered from the shock, he asked if a prepayment of a few month remittances might be made. Of course, I refused. I told him no prepayment of any kind could be made. I further advised him that the terms of the Trust document specifically directed the Trustee to give him a check on the first day of each month – and not a single second sooner.
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