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Domestic News October 21, 1961

Jackson Advocate

Jackson, Hinds County, Mississippi

What is this article about?

In Memphis, the widow of Dr. J. E. Walker, Mrs. Louise Walker Tarpley, reached an agreement in Chancery Court to receive over $200,000 from his estate, including Universal Life stock, cash, deposits, and their home, settling a dispute with his children from a previous marriage.

Merged-components note: Continuation of Walker Widow story across pages.

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Walker Widow To Get More Than $200,000

Memphis - The widow of Dr. J. E. Walker, prominent Memphis businessman and political leader, will receive more than $200,000 from his estate in an agreement reached in the controversial will case in Chancery Court here last week.

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Mrs. Louise Walker Tarpley was the second wife of Dr. Walker, who was president of Universal Life Insurance Company and Tri-State Bank where he was slain July 28, 1959, by a man who was later committed to a mental hospital. Walker's widow is now married to Charles H. Tarpley, science teacher at Porter Junior High School.

The controversial will case was centered around Dr. Walker's grown children by a previous marriage--A. Macco Walker Sr. and Johnetta Walker Kelso who contested Mrs. Tarpley's suit to get a share of Dr. Walker's estate. The court ruled that Mrs. Tarpley should receive one-third of her deceased husband's estate.

In an agreement to be submitted for approval by Chancellor Hoffman last week Mrs. Tarpley will receive 850 shares of the Universal Life stock with a book value of $125 per share (it's worth more), for a total of $106,250; $30,000 in time deposits and certificates; $6,000 in cash, and the Walker home at 1846 S. Parkway E., valued at $33,000; and other considerations.

Attorneys Wallace Lopez and Robert E. Joyner, who represented Mrs. Tarpley, said the settlement was also for the benefit of her minor child, Leon Eskridge, 6.

What sub-type of article is it?

Legal Or Court

What keywords are associated?

Memphis Will Case Dr J E Walker Estate Widow Settlement Universal Life Stock Chancery Court Agreement

What entities or persons were involved?

Dr. J. E. Walker Mrs. Louise Walker Tarpley Charles H. Tarpley A. Macco Walker Sr. Johnetta Walker Kelso Leon Eskridge Chancellor Hoffman Wallace Lopez Robert E. Joyner

Where did it happen?

Memphis

Domestic News Details

Primary Location

Memphis

Event Date

Last Week

Key Persons

Dr. J. E. Walker Mrs. Louise Walker Tarpley Charles H. Tarpley A. Macco Walker Sr. Johnetta Walker Kelso Leon Eskridge Chancellor Hoffman Wallace Lopez Robert E. Joyner

Outcome

mrs. tarpley receives 850 shares of universal life stock valued at $106,250 (book value), $30,000 in time deposits and certificates, $6,000 in cash, the walker home at 1846 s. parkway e. valued at $33,000, and other considerations, totaling more than $200,000; settlement for benefit of her minor child leon eskridge.

Event Details

Settlement in Chancery Court of controversial will case over estate of slain businessman Dr. J. E. Walker, where widow Mrs. Louise Walker Tarpley contested by his children from previous marriage; court ruled she gets one-third of estate; agreement submitted for approval by Chancellor Hoffman.

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