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The Ultimate Gift Part 1

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The Ultimate Gift.

Jim Stovall.

INTRODUCTION.

You and I are preparing to take a journey together within the pages of this book that you hold in your hands. I want to thank you for the investment you have made and will be making in our journey.

I believe that when you read the last page of The Ultimate Gift, you will be a different person than you are at this moment. At that point, our journey together will have ended, but your journey into the fullness of your destiny will be just beginning.



Like any other journey or trip you have ever taken, it becomes more meaningful based upon the special people in your life who share this trip with you. I am sure you can remember wonderful trips or vacations that you have been on in the past. As those pleasant memories of your travels come back to you, they are filled not only with your destination, but the special people and loved ones who shared the journey with you.

When you have concluded reading The Ultimate Gift and have begun in earnest your life's journey, my fervent hope is that you will share The Ultimate Gift with friends, family, and the special people in your world who make your life's journey priceless.

Thank you for sharing this part of my life's journey and for allowing me and the The Ultimate Gift to travel with you on part of your life's journey.

Respectfully, Jim Stovall.

ONE.

IN THE BEGINNING.

A journey may be long or short,

but it must start at the very spot

one finds oneself.

It was in my fifty-third year of practicing law, and my eightieth year of life here on this earth, that I was to undertake an odyssey that would change my life forever.

I was seated behind my mahogany monstrosity of a desk in my top-floor, corner office of an imposing building in the most prominent section of Boston. In the marble foyer, the antique bra.s.s plate on the outer door reads Hamilton, Hamilton, & Hamilton. Of the aforementioned, I am the first Hamilton-Theodore J. Hamilton, to be accurate. My son and grandson account for the remainder of the Hamiltons in the firm.

I would not say that we are the most prestigious law firm in all of Boston, because that would not be totally circ.u.mspect. However, if someone else were to say that, I would not go out of my way to disagree.

As I was simply drinking in the ambiance in my antiquated but palatial office, I was thinking how far I had come since the lean days in law school. I enjoyed gazing upon my wall of fame, which includes photographs taken of me with the last five presidents of the United States, among other significant persons.

I glanced at the familiar sight of floor-to-ceiling shelves of leather-bound books, the ma.s.sive oriental rug, and the cla.s.sic leather furniture, all of which predate me. My enjoyment in simply experiencing the familiar environment was interrupted when the telephone on my desk buzzed. I heard the reliable and familiar voice of Margaret Hastings. "Sir," she said, "may I step in and have a word with you?"

As we had been working together for more than forty years, I knew that tone was reserved for the most serious and somber of circ.u.mstances.

"Come in, please," I replied immediately.

Miss Hastings entered promptly, securing the door behind her, and sat across the desk from me. She had not brought her calendar, her correspondence, or doc.u.ments of any type. I was trying to remember the last time Margaret had entered my inner sanctum without some baggage, when she said without preamble or delay, "Mr. Hamilton, Red Stevens just died."

When you get to be an octogenarian, you grow as accustomed as one can to losing friends and family. But some of the losses. .h.i.t you harder than others. This one shook me to my core. Amid all of the emotions and memories that flooded over me, I realized that I would have to do what Red would expect of me, which was simply to do my job.

I shifted into my lawyer mode and told Miss Hastings, "We will need to contact all of the family members, the various corporate boards and business interests, and be ready to control the media circus that will begin any minute."

Miss Hastings stood up and said, "I'll handle everything." She quickly walked to the door and then hesitated a moment. After an uncomfortable pause, during which I realized Margaret Hastings and I were crossing that line that divides professional and personal, she said quietly, "Mr. Hamilton, I am sorry for your loss."

Miss Hastings closed the door and left me alone with my thoughts.

Two weeks later, I found myself at the head of our ma.s.sive conference table with all of Red Stevens' various relatives gathered around. The feeling of antic.i.p.ation-bordering on greed-was almost a physical presence in the room.

Knowing Red's feelings toward the majority of his relatives, I knew he would want me to prolong their misery as long as possible. Therefore, I had Margaret offer everyone coffee, tea, or soft drinks along with anything else she could think of. I scanned and rescanned the voluminous doc.u.ments before me and cleared my throat multiple times. Finally, realizing that I was stretching the bounds of propriety, I rose to my feet and addressed the motley a.s.semblage.

"Ladies and gentlemen, as you know, we are here to read the last will and testament of Howard 'Red' Stevens. I realize that this is a difficult time for all of us and that our personal losses individually far outweigh any legal or financial concerns we might have this morning."

I knew that wherever he was, Red would enjoy the irony.

"I will dispense with the preliminaries, the boilerplate, and the legalese, and will go directly to the issues at hand. Red Stevens was a very successful man in every sense of that word. His bequests are much as Red was himself-very simple and straightforward.

"I drew up this revised will for Mr. Stevens just over a year ago on his seventy-fifth birthday. I know from our subsequent conversations that this doc.u.ment does, indeed, reflect his final wishes. I will read directly from his will, and you will realize as I read that while this doc.u.ment is totally legal and binding, some of the pa.s.sages are in Red's own words.

"To my eldest son, Jack Stevens, I leave my first company, Panhandle Oil and Gas. At the writing of this will, Panhandle's worth is somewhere in the neighborhood of $600 million."

Several gasps could be heard from around the table along with one prolonged, audible squeal of glee. I set the doc.u.ment down on the edge of the table and looked over the top of my reading gla.s.ses with my most intimidating courtroom stare. After a significant pause, I picked up the will and continued.

"Although Jack will be the sole owner of the company, its management and operations will be left in the hands of Panhandle's board of directors, which has served me so well over so many years. Jack, I want you to know that since you didn't have any interest in the company when I was living, I figured you wouldn't have any interest now that I'm gone. And letting you control something like Panhandle would be like giving a three-year-old a loaded gun. I want you to know that I have instructed Mr. Hamilton to write this will in such a way that if you fight for control or hinder the board or even complain about the nature of my bequest to you, the entire ownership of Panhandle Oil and Gas will immediately go to charity."

I looked up from the will and stared at Jack Stevens. The entire range of possible emotions was displayed on his face. Jack Stevens was a fifty-seven-year-old playboy who had never known the privilege of earning a day's wages. He had no idea of the favor his father had done for him by taking the control of Panhandle Oil and Gas out of his hands. I knew he was feeling that this was just one more time when he failed to live up to his ill.u.s.trious father's expectations.

I actually felt some pity for Jack as I explained, "Mr. Stevens, the will does direct that each bequest be read in order and that the parties be dismissed after the portion of the doc.u.ment pertaining to them has been read."

He looked at me with a confused expression on his countenance and said, "What?"

At that point, always vigilant Miss Hastings took his arm and said, "Mr. Stevens, I'll escort you to the door."

When everyone had settled back into their chairs, and the level of antic.i.p.ation had again risen to a fever pitch, I continued.

"To my only daughter, Ruth, I leave the family home and ranch in Austin, Texas, along with all working cattle operations."

Ruth was seated at the far end of the table with her dubious husband and offspring. Even at that distance, the sound of her hands slapping together and greedily rubbing back and forth could be heard. She and her family were so self-absorbed that I do not believe they understood the fact that the entire operation would be managed for them and that they would be kept at arm's length where they could not hurt themselves or anyone else. Miss Hastings promptly showed them from the room.

I cleared my throat and continued. "To my youngest son, and only other remaining child, Bill, I leave the entire holdings of my stock, bond, and investment portfolio. However, Bill, this portfolio will be left in the hands of Mr. Hamilton and his firm to be managed in trust for you and your heirs so that there will be something left to divide when somebody is reading your will someday."

The room continued to clear as each of the more distant relatives received their eagerly awaited windfall. Finally, there was but one, lone occupant of the room remaining with Miss Hastings and me.

I looked down the table at young Jason Stevens, the twenty-four-year-old great-nephew of my longtime friend, Red Stevens. He glared back at me with a look of rage, defiance, and disrespect that only someone who has made a lifelong practice of selfish anger can muster.

He slammed his hand on the table and yelled at me, "I knew that mean old man wouldn't leave anything for me. He always hated me." He stood and began to stomp out of the room.

"Not so fast," I called to him. "You are, indeed, mentioned here in the will."

He slid back into his chair and stared toward me, stone-faced, not wanting to signal the hope he felt.

I returned his cold stare, determined not to speak until he did. Patience comes easily to those of us who have seen eighty birthdays. Finally, when he could stand it no longer, he said, "Okay, what did the old goat give me?"

As I sat down and reached for the doc.u.ment, I heard young Jason Stevens mutter, "I bet it's nothing."

I sat back in my chair and smiled at him as I said, "Young man, it is, indeed, nothing and everything-both at the same time."

TWO.

A VOICE FROM THE PAST.

In the end, a person is only known

by the impact he or she has on others.

Jason Stevens and I sat in silence as Miss Hastings left the room and quickly returned with a large cardboard box. She set the box next to me at the end of the table and took her customary place on my right.

I turned to Jason and said, "Young man, this box was given to me by your great-uncle, Red Stevens, on the day he prepared his last will and testament. The box was sealed at that time and has been kept in our vault per Mr. Stevens' instructions until today. As you can plainly see, the seal is still intact. There are very specific and detailed instructions as to how I am to administer this gift to you."

I broke open the seal, reached inside the box, and took out a videotape. I handed it to Miss Hastings, and she put the tape in the video player contained in the built-in console at the end of the conference room. She sat down next to me holding the remote control.

Jason Stevens blurted out, "What's going on here? Everyone else walks out with millions of dollars, and I get some kind of home movie."

I tried to ignore his smug att.i.tude and replied, "I think it will all become clear to you shortly."

I nodded to Miss Hastings. She dimmed the lights and started the video. After some brief static, the image of seventy-five-year-old Red Stevens appeared on the screen. Red Stevens was a big man in every sense of that word. He had come to Texas out of the swamps of Louisiana with nothing but determination, strength, and the clothes on his back, and during the Depression and war years, had built an oil and cattle empire that rivaled any in the world. He was the kind of man who dominated every situation in which he was involved. Even now, with just his video image on the large screen at the end of the conference room, I could feel the energy level in the room climbing.

Red Stevens cleared his throat and began to speak. "Well, Jason, since you're watching this videotape, we will a.s.sume that I have kicked the bucket, bit the dust, bought the farm, and gone on to my just rewards. I know that my instructions have been followed to the letter, so you are viewing this video with my oldest and dearest friend, Theodore Hamilton, and his trusted a.s.sociate, Margaret Hastings. Son, you don't know enough to realize it, but these are two of the finest people to ever walk G.o.d's green earth."

Red paused for a minute and then spoke directly to Margaret and me using a derivative of my name that only Red Stevens was allowed to use.

"Ted, I want to thank both you and Margaret for dealing with all of my in-laws, outlaws, and a.s.sorted misfit relatives earlier today. I know that none of them will win any prizes. I also want to apologize to both of you for the sorry att.i.tude that I'm sure Jason has already displayed during these proceedings."

Red paused for another brief moment, cleared his throat, and began again. "Jason, I lived my life in a big way. I had a lot of big accomplishments, and I made a lot of big mistakes. One of the biggest mistakes I ever made was when I gave everyone in our family everything that they thought they ever wanted. It took me many years to figure out that everything we ever do or know or have in this life is a gift from the good Lord. He has a special plan for each of us, and He has provided everything we need to fulfill that plan. I spent many years trying to achieve happiness or buy it for friends and family. Only as an old man did I come to learn that all happiness comes from the gifts that G.o.d has given us. Unfortunately, the money and possessions I spread around didn't help people to understand the gifts that have been provided for us. In trying to make up for all the times I wasn't there, I gave them all material things. In doing so, I robbed them of everything that makes life wonderful.

"Gratefully, I also discovered G.o.d is merciful, and I believe I've made peace within regarding my shortcomings. However, I think my family members are all permanently ruined. It's like when a horse goes bad. You simply have to take him out and shoot him. Unfortunately, as my lawyer Mr. Hamilton advised me, shooting our entire family would be frowned upon. He also rightly reminded me that G.o.d never gives up on people. Therefore, I leave my family in G.o.d's hands, and I have taken steps in my will to provide a living for all of these relatives even if they will never experience life.

"You, on the other hand, Jason, may be the last great vestige of hope in our family. Although your life to date seems to be a sorry excuse for anything I would call promising, there does seem to be some spark of something in you I am hoping we can capture and fan into a flame. For that reason, I am not making you an instant millionaire for the rest of your life."

Jason slammed his open palm onto the conference table and began to speak, but was interrupted by Red Stevens' words from the videotape. "Now, Jason, before you mouth off and embarra.s.s both you and me in front of these fine people, let me explain the ground rules here.

"On the first of each month for the next year, you will meet with Mr. Hamilton and Miss Hastings and be given one element of what I call the ultimate gift.

"If you stay the course over the next year, and embrace each element, at that point you will be the recipient of the most significant bequest I can leave you through my will. But understand, if at any time you do not perform as indicated, or if you give Mr. Hamilton or Miss Hastings an undue amount of difficulty, I have instructed Mr. Hamilton, through my will, to stop the process and leave you with nothing."

I heard a deep sigh and exhalation of breath from the direction of Jason Stevens.

Red continued. "Now, don't forget, boy. If you turn out to be more trouble than you're worth-which is not difficult for you-Mr. Hamilton will simply cut you off without another word.

"And, finally, to you, Theodore J. Hamilton," Red chuckled and continued. "I bet you didn't think I remembered your real name, Ted. I want to thank you for undertaking this little salvage operation on my behalf with Jason. And I also want to thank you for being the best friend that any man ever had. I acc.u.mulated a lot of things in my life, but I would trade them all in an instant for the privilege I have of sitting here, right now, and being able to say that Theodore J. Hamilton was my friend."

At that point, the video ended, and we all sat in silence. Finally, Jason turned to me and, in a belligerent tone, said, "That old man was crazy."

I sighed and replied, "Well, young man, it is certain that someone is crazy, and I think this little project is going to give us all the opportunity to find out who that someone may be."

I stood and offered my hand to Jason as I moved toward the door. He ignored my outstretched hand and said, "Wait a minute. What's the deal here? Why don't you just tell me what's going on, and what I get?"

"All in good time, young man," I said to him over my shoulder as I walked out of the room.

I could hear Jason's angry voice as I retreated down the hall. "Why couldn't he just leave me money like everybody else?"

I could hear the calm voice of Miss Hastings reply, "He loved you too much to do that."

THREE.

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The Ultimate Gift Part 1 summary

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