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tv   Lou Dobbs Tonight  FOX Business  July 16, 2015 11:00pm-12:01am EDT

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see"strange inheritance," thank you for watching, and remember, you can't take it with you. do you have a "strange inheritance" story for us. we'd love to hear now. >> a century old movie theater passion of small town businessman. >> his dying words were, angela, don't let the theater go. >> that could be a long haul. >> anything that could go wrong went wrong. >> are final credits about to role? >> did he know you would step up? >> i didn't get to tell him. i am sorry. >> will there be an encore performance. >> do you think to yourself, i wish my grandfather would have left me the house. >> so many times more than you know.
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♪ ♪ jamie: i am jamie colby today i am driving along the mighty river, that wind throughs central pennsylvania. i am on my way to ber berwick population 11,000. a tough old manufacturing town, that built stew art tanks for world war ii, it is best known for the poe pay potato chip factory and nuclear power plant this "strange inheritance" is about a smaller business. one that goes to heart and soul of cities like berwick across america. >> i am angela diaugustine in july 2013, my father passed away he left us a inheritance that none of us whether or not knew what to to with at the time. jamie: this weathered movie theater looks like a place you
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might pass and think how does a businesslike this make it in today's world. and angela inherited the theater, but like most berwick residents she spent time here, as a teenager. teenager. >> i remember i came to movies it was hush-hush sweet charlotte with bette davis this is a scene her hand gets chopped off it was so scary to me, i slept with my hands under the covers. >> everyone has a story about this theater whether first kiss first date, they hold a special place. jamie: i am told berwick native jennie craig knows history of place as well as anyone, she meets me in the lobby. >> i have not seen a movie for $4 in for ever. >> it is unique for our town. jamie: wow. >> in a community you need a place that creates culture and
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interreaction with your community members this is our downtown mainstay. >> walking inside is a blast from the past. this concession stand harkens back to the day before large multiflexes, so to the prices. jamie: how many years. >> it was built in 1868, it was an opera house a playhouse it has original vaudeville stage. jamie: in 1520s it -- 1920 its joined silent movie era it survived a fire, and reopened at the strand, the family, the diaugustine have been here as long as movie theater motorcyclethey wereimmigrants from italy events sent diaugustine of barn in berwick in 1924. >> his mother was a professional woman, she had a hair dressing salon. across the street was a taylor,
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she sent him over, that tailo r taught him his trade he signs up for the army, in winter 1944 44 vincent is on league in ber kickberwickand runs into a former classmate he takes her on the date at the strand. >> he wrote in the steam i'm going to marry you. jamie: his prediction came true, they go to have 4 children, frank, angela, vin vincent jr. and joseph it is a good time to raise a family in berwick you could say a a wonderful life. >> we used to ride our bike from morning until it was the time to go to bed.
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jamie: like many industrial towns, berwick is booming america car and foundry alone employees people building railroad cars, vincent sets up his own taylor taylor shop. >> he was successful because he just was determined. the base to be successful. jamie: his reputation spread beyond his corner store. >> he had people from all overcome to bay the suits from him because no one could fit suits like my father could. jamie: through the 60s and early 70s, vincent is in his element confident in future and boroughs money -- boar you borrows money more than he should. >> he opened a bigger shap. jamie: he is so used to things
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booming he is slow to react when factories shut down, and big new malls lure shoppers away from old downtown. >> my father kept trying to reinvent himself he was doing other things to keep the business successful, selling slot machines, skwraoubg skwraout boxes antique guns. jamie: in 1974, he learnd that owner of the former strand, now the berwick movie theater that fallen on hard times and wants to sell, at age of 50, vincent buys it for $30,000. mr. diaugustine rules the roost with his teenage moviegoers. >> i remember, when people got rowdy, sr*eupbgs would he would tell us to be quiet. you knew he was watching you and caring for you as a kid you reported that. >> he had a passion for this
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movie theater he loved seeing people come, he greeted everyone. there were people that could not afford ticket, he would shuffle them in. jamie: more than 20 years past, full of films like star wars and titanic, until in 1997. the manager left. and opens one of big multifleck multiplex theaters, vincent decides at age of 73, he will run it himself. >> my father would pop popcorn for the evening and when reel broke he was up there spicing the film together. and after the movie was over he was with the broom sweeping up droppings of popcorn. >> by 2007, he is way and his businesses, have not made money in years he has 400,000 dollars in debt, and could lose it all. he has nowhere else to turn, he appeals to his daughter angela, now 55, and an account manager
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for a fragrance company to bail him out. >> we were in a dilemma he was not making a go of it. jamie: is it lights out that is next. >> our "strange inheritance" quiz question, where was very first modern movie theater open? los angeles? new york? pittsburgh? or west orange, new jersey? answer in a ♪ ♪ ♪ ♪ ♪ ♪ the ones with the guts to stand apart - join a league all their own. ♪ at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger.
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...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda.
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>> so where was it? in pittsburgh, nickelodeon opened on june 19, 1905. jamie: in 2007, it looks like all of work that i i 83-year-old diaugustine invested is about to be loss to debt, his daughter intervenes, buys dad's buildings but leaves him full ownership of his businesses including berwick theater. >> i pitched in to help, he would not hear of closing any of his businesses. jamie: knowing he has a reprieve he shows his granddaughter renee how to run the berwick, she has a good association starting as a young ster. >> what do you remember about
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the theater. >> allowed to pour soda, i was so excited. jamie: did you ever come on a date? >> my first date of the here. his name was ryan, i had a huge crush on him he was high first boyfriend. jamie: vincent continues to inject his trademark enthuse why, into running 4 businesses, but in january 2013, he suffers a devastates stroeubg. >>devastates stroke. >> he asked me, what am i going to do? how am i going do keep it open, his dying words were, angela don't let the theater go. >> july 8 2013, vincent slips away, but who is going to honor the dying wish? all eyes look to renee. >> i am 23, just out of college. and right before i graduate i
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remember saying i really just wanted to do something meaningful. jamie: only days after his date, renee -- his death renee takes on challenge of running the ber kick. jamie: did he know you would step up. >> i didn't get to tell him i'm sorry. jamie: had the his wake, community flocks to pay its respect, a boy came by, he just said your father helped my, i would not be alive if not for your father, a young are boy came here, my father gave him history of the war he loved my father so much he wanted to come to the viewing. jamie: remay surveys the tafs befores the taskbefore her the theater has not been undated in a while moviegoers bring pillows because the seats are uncomfortable.
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>> we need a digital projection project or. jamie: a fraction of theaters, have cell sell ulloyd film projectors 80% are digital and a look at a relic. >> how are you, i am jamie. >> i am kim, i am the film girl. jamie: this is tonight's feature. >> yes about an hour and a half. jamie: highway does how does this work. >> the brain. it comes through here, straight up. and over to that side. >> a new film. are movie companies making film am this way. >> they are not that is why we have to go digital our choices are going slimmer and slimmer.
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jamie: we have a movie. movies are shown electronically, and storeed on a high correspondentcapacityhard drive. but, $4 it feels like mission impossible. >> we had poster sales to raise money, other small i things, some things have been successful some have not. we did a indy go-go fundraiser. jamie: remay drums up 6,000 dollars and spend its on repairs. >> anything that could go wrong went wrong. our furnace broke that was aned immediate $9500. jamie: in -- $500. jamie: in october the theater has a real disaster. people falling out of the theater. >> some people were passing out it was scary.
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jamie: next. >> a quiz question for you what was first publicly distributeed digital film. "toy story"? star wars, the phantom menace? or "x-men"? answer in a moment.
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>> so what was it? star wars, the phantom menace in 1999. jamie: renee diaugustine-bower takes overruning movie theater her grandfather around for over 40 years in berwick pennsylvania, she is trying to do him proud, but not easy,
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first small repairs then a cold night in october during a 7:00 showing that tests her. >> i got a phone call. saying people are acting weird there was carbon monoxide issue. jamie: they did not have carbon monoxide detectors, the cause of the accident? pigeons were trapped in in a for furnace pipe. >> my husband came down here before i did he did a quick sweep, he just about passed out. i was terrified. jamie: what what happening. >> some people have carbon monoxide poisoning i got on
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facebook urging everyone that was there that night to go to hospital. jamie: anyone sue? >> we paid some medical bills some people were upset with me, rightfully so, if i have a kid who got the poisoning i would be upset too. >> a huge relief when none are seriously injured. it is a lesson for 23-year-old renee increases management. -- crisis management. jamie: did you lose business? >> i don't think so, we put in our detectors i showed everyone what we did it raised awareness in the community. my grandfather had to have been with us for that. because, it sounds so terrible, it was but it just somehow turned out okay. >> jamie: renee sets or site on berwick going digital. only way to keep the movies playing. and honor her grandfather's
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dying wish. she looked to get a small business loan but numbers do not add up, without that cashinjection, theater could be a small town, small business casualty. jamie: did you think to yourself i wish my grandfather would have just left me the house. >> i have wished that so many times, more than you know. jamie: what did you don't make it. >> failure is not in my vocabulary. it is not an o (trader vo) i search. i research. i dig. and dig some more. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading. that's why we rebuilt scottrade elite from the ground up - including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade our passion is to power yours.
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congratulations. you're down with crestor. yes! when diet and exercise aren't enough, adding crestor lowers bad cholesterol up to 55%. crestor is not for people with liver disease or women who are nursing, pregnant, or may become pregnant. tell your doctor all medicines you take. call your doctor if you have muscle pain or weakness, feel unusually tired have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of serious side effects. i'm down with crestor! make your move. ask your doctor about crestor. jamie: less than a year after inheriting a movie theater from her grandfather in berwick pennsylvania promising him to keep it open, renee diaugustine-bower is sat her wit's end.
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it looks like a horror show. luckily, there is a fairy got mother -- fair i god mother, a long time berwick theater patron. shy suggested that they go noun profit allowing renee to solicit it charitable contribution to help fund the digital. >> it became clear local businesses could not help them. >> local business leaders equally dedicated to revitalizing downtown berer erberwick,joining the board. even that could take two years and theater coffers are running low, united way comes up with a top gap solution. >> they allow them to accept donations on behalf of theater
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under the nonprofit umbrella. they can make donations now. >> opens door so many more opportunities for us, we don't have a hub for arts, something for kids and family, digital is number one thing on the list, but it is just part of our whole goal. >> with great joy and fanfare july 19, 2014, renee and her family celebrate the berwick new nonprofit status and long time owner vincent diaugustine. >> we dedicate this place to him, and let everyone know that berwick theater is about to under go changes a new chapter. tonight would have been vincent's 90th birthday.
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>> that $4 thank you very much. >> what a great crowd. >> what is your favorite candy. >> sour patch kids, today it is on me. it make take longer, my first night on the job. i have never worked at movie theater before. >> i realize it is not easy to run your own movie theater. >> you are relaxed not even helping out. >> here are these enjoy it. jamie: all light camera and action. inside renee holds her own with the new board of director. i would like to introduce myself renee diaugustine-bower. and executive director. >> what is your approach? >> now i have my dream time.
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which is the board. we want that downtown feeling back. jamie: theater will close for a year, it will be renovateed and reopened they will still play standard hollywood fair. including transformers 19. where there is a will there is a way. >> i think my father is smiling from ear to ear. i think he is happy and proud of all of us. jamie: i am sure with town support, and renee's determination, that the berwick theater will be just fine. becoming a nonprofit meeting just the ticket. and i did final get my name in lights, but i am still stuck working the ticket counter, i am jamie colby i hope you enjoyed this red carpet edition of "strange inheritance," remember, you can't take it with you. >> do you have a "strange
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inheritance" story you would like to share with us? we would love to hear it. send me an e-mail or go our web site inheritance.com." (?) >> a letter arrives in the mail with news of a strange and lucrative inheritance. >> if i got a letter like this, i would think it was a scam. someone is scamming us. >> so is it a scam? >> i said, you know, ray, there is a fine line between a genius and idiot. he said, yeah, i crossed that two or three times a day. who is this mysterious benefactor? >> he's a hidden man. >> he didn't have the family life. he didn't have a friend to talk to. he really truly was a man -- >> but an inheritance? >> that's the "strange inheritance." and the strangest story still.
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jamie: today i'm old route 66 in central illinois. i'm heading into the small farming town of lincoln where the strangest of inheritance stories unfolded. on a monday morning, farmer bob heads out to mohay for some land he's leasing called ray. >> it's very uncommon for ray not to come out and talk to me. my aunt looked over. the bin was open. that was not a good sign. i went over there and i found him. and then i called 911. and -- jamie: the county coroner acting on info from a neighbor,
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contacted him to tell him his 70-year-old client died of heart failure. >> i hadn't seen him in 50 years. i had no idea what they were talking about. >> you barely remember. >> it's very strange. >> don checks his files and realizes he indeed worked for one named ray falk back in 1997. >> he wanted me to change his will. i was named as the executor. all i had was a copy. fifteen years later, he could have changed his will. >> don drives out to ray's farmhouse to find the original will. there he discovers an unsettling scene. >> it was absolutely covered with cobwebs and it would remind you of a show where you had dracula involved. >> my house might sometimes be untidy. are we talking about more than that? >> we're talking about a hoarder show.
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the whole place reeked. somehow the lawyer locates ray falk's l. it directs $5,000 to a chicago animal shelter. the next part is a puzzle. (?) i bequeath all my tangible personal properties to my friend kevin of san fernando, california. and peter of long island, new york. >> who are these guys? how does don find them? >> that will take more digging. digging through the debris. >> in ray's room, he had pictures of wools torn out of magazines. i had no idea how it fit together at that point in time. he'll fit it together soon. among ray's many diaries written in neat cursive he finds a scrab scrapbook with a -- lucan was a tv
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series named kevin as a boy raised by wolves. it was canceled when ray was 37 years old. >> it's pretty clear to me that that show meant something to ray. >> don discovers the other man in the will, peter barton, also an actor. why falk named him is a bigger riddle. from 1988 to '92, he played a role in the young an before that, he was in a short-lived tv series called the powers of matthew starr. >> two basically unknown actors that ray had a fondness for. did you have any idea how much they would inherit? >> itit consisted of the land. the cash i found around the house.
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jamie: how much is it worth? >> don is not sure, but figures hundreds of thousands of dollars easily. maybe even a million or more. so the dutiful attorney writes to the retired actors telling them about the "strange inheritance." >> he's named you as his friend. beneficiary of the estate. >> i was stunned. i was shocked. >> kevin. if it's too good to be true, it probably is. jamie: that's next. >> but first our "strange inheritance" quiz question. which strange personality willed that a séance be held for him every year? was it master of the ma cob edgar allan poe ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one.
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♪ >> so which strange personality willed an annual séance be held for him? it's b. harry houdini. he wanted to reveal himself to hiss his wife once a year. jamie: let's reset. in august 2012, 2 former actors kevin and peter each receive a letter informing them they are the coinheritors of ray
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falk. ray never met either of them. leaving a huge amount of money to someone you've never met sounds more than eccentric which leads me to a question for ray's attorney, don bailey. it says as every will does, ray falk of lincoln, illinois, being of sound of mind and memory. was he? >> yes. he knew what he owned. he may have been odd, but he was of sound mind. >> my next stop is to meet kevin in california. >> i received a letter that was really about to change my life. jamie: it's here in the land of sun, surf, and palm trees kevin started his career more than 30 years ago. >> this was an episode of lucan. boy raised by wolves. the pilot went to 12 episodes over a 2-year
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period. jamie: as so many actors will say, it was a good ride while it lasted. it didn't last for you. >> my window was in my 20s. had my go. then the phone stops ringing. jamie: when the phone stops ringing, kevin finds a new line of work. takes a job as a doorman at the posh hotel bellaire and keeps it for the next 27 years. >> the hotel then closed. they went for remodeling. i was applying for a job. then the letter. i refer to it as the letter. comes. this is the original letter from the attorney saying, you don't know me but i represent ray falk. he was a hermit and a hoarder and a farmer here in illinois. don says if i got a letter like this, i would think it to be a scam. >> turns out kevin once worked with the second beneficiary in ray falk's will.
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fellow actor, peter barton. i did hell night. became friends with most of the cast members including peter. peter lives in upstate, new york. >> you find out that somebody died and you're the only two, quote, unquote, friends he names in his will. >> from the moment i open that up, and i saw kevin's name, and i was like someone is scamming us. >> the two meniscus what to domen discusswhat to do next. >> kevin if it's too good to be true, it probably is. >> peter agrees to make the trip to find out for both of them. peter's home video begins to unravel the mystery. >> ray had a gravesite with all of his dogs. look at this.
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queeny. (?) 101587. '80. '94. buddy. fred. thatthad. a lot of dogs. >> 160 acres of prime soil tillable for soy. >> all this a gift from a man they've never met. who was this guy and why would he do this? these people live a stones throw away from ray falk. how would you describe in a word ray? >> weird. >> i'd say weird. goofy. eccentric. jamie: eccentric, may be for good reason. the neighbors explain that ray eugene falk born in 1941 was an only child
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and an outcast at school. bullied by classmates and often by his own mother. >> his mother was real mean. i think he got along with his father more. but ray would tell me these different things that his mother would do to him. >> for example? >> she would leave him out of the house. he couldn't come in the house for a while. he would have to stay outside. he would go sleep with a puppy. >> never really had a friend. >> the only persons he trusted was his dogs and me and bob farris. >> bob knew ray since they were teenagers. >> he probably had some type of a learning disability. and in today's education, they would have caught that. they just didn't have that type of thing back in the '50s. i think ray fell through the cracks. jamie: when ray graduates from high school in 1958 he joins
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the army. he loves it, bob says. but his mother lobbies to get him an early release to help on the farm. >> it's too bad because i think ray would have been better off if he would have remained in the army and away from mom and probably his life would have turned out a whole lot differently. >> in the diaries he kept for decades, ray compares himself to a wolf the most maligned, least understood animal that shares my same distrust for humanity. >> you know, he was very intelligent. and he and i would even joke about, i said, you know, ray there's a fine line between a genius and idiot. >> he said, yeah, i crossed that two or three times a day. >> in 1981, ray's mother dies. ray shares the farmhouse for the next 15 years with his dad. in the late 1990s, his father is in poor health and doesn't have much
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time left. he suspects some of his cousins are after the farm and his dad's investments. ray fears they're trying to claim he's mentally incompetent to take control of his father's estate. >> i said, ray you need an attorney. >> ray has been using his father's attorney. but hepects that attorney is in cahoots with his cousin's attorneys. >> that's when i mentioned don bailey. >> he told me about his dad and problems with his cousin taking control of his father. jamie: did he say why he wanted his family to not benefit from the estate? what did they do to him? >> i think the fact that any relative went to an attorney to take away his father was the act that he felt was treacherous. jamie: don assures ray he'll help. in 1997, ray's father dies. so ray makes one more
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trip to lincoln to amend his will and name don bailey as his executor. he no longer wanted the executor he had previously named because those were the attorneys that had irritated by talking to other family members. jamie: were you surprised? >> it seemed to me, even though ray was odd, he knew his relatives didn't like him. jamie: but don knows full well that's not always the end of it especially in situations like this, where a hermit described as weird eccentric bequeaths a family fortune to strangers. >> you have to give relatives a chance to come forward. >> yeah, relatives have the chance to contest the will. they had six months to do that. >> how did that go? that's next and more. do you feel guilty taking an inheritance from a stranger? >> here's another quiz question for you. which of these pampered pets was willed the
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largest inheritance. fashion designer alexander mcqueen's terrier or the maltese of leona. the answer in a m can a business have a mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
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>> so which pampered pet received the largest inheritance? it's c. she left her beloved maltese a 12 million-dollar trust in 2007. >> two former actors get the surprise of a lifetime in 2012 when ray falk a man they've never met, leaves them a large inheritance. but it's no done deal yet. ray's relatives have six
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months to challenge the will. ray long suspected that some of them pegged him as mentally incompetent. >> you don't think of it as taking it away from other relatives of his. >> absolutely not because ray's story is a heartbroken story. for ray to look at us with an incredible gift, this is doing exactly what ray wanted. >> exhibit a ray's scrapbook, dedicated to his starring role in luke can. >> the young wolf man in the quest to find his roots. that's all hand put together. (?) >> and he wrote this scrapbook would not be complete without a corresponding section devoted to kevin. >> he really truly was a man -- >> maybe but kevin admits this is the stuff restraining orders are made of. >> it could have come
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back as a stalking horrible nightmare, but ray was very intro the verdict and loved television. >> but an inheritance? >> that's a "strange inheritance." and a stranger story still. >> with the scrapbooks, the wolf pictures, the dog cemetery, you get ray's affinity for lucan. what's up with the soap opera rant. they find the answer in his letters. >> i think wow. he's talking about things that my character did. >> not barton's young and the restless character, but in the powers of matthew star. a 1982 series about an alien with supernatural abilities. (?) >> it's like he was searching. he saw matthew starr and said, oh, my god. >> a little crazy? >> i think he was a smart guy who kind of built a cage around himself and couldn't get out. that's what i wanted when i was doing matthew
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starr. i wanted to affect people like ray. >> did you ask don the lawyer, if ray had any family that he might have given it to? >> for myself, it never crossed my mind. you can leave anything to anyone, but you have to give relatives a chance to come forward. right? >> yeah, relatives have the chance to contest the will. six months to do that. jamie: how did that go? >> nobody contested it. >> so kevin and peter are the proud owners of 167 acres of corn and soy field. is that the end of this story? not by a country mile. >> two hollywood characters come to town that ray never mentioned. they're here to leave with cash. >> we were just a little leery about who they were that was given the money. >> and exactly how much money. that's coming up. plus this. did ray save your life? >> ray indeed this allergy season, will you be a sound sleeper,
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can a business have a mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
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>> >> of face and leaves to former actors from los angeles and it is space surprising years since that includes 167 acres of farmland in central illinois. >> what do you say to yourself? what the heck of my going to do with this? could you sell its? >> i cannot do winters and farming. >> so the attorney was asked to sell it to see what they get. plenty of locals wanted the land but the highest bid was $800,000 at another half a million of cash and stock and the entire estate is worth 1.$3 million. after the sale period and kevin headline of
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fund-raiser in his name for a local humane society. >> he had a very strange upbringing but he loved his dogs probably more than himself. >> to hollywood characters come to town and they are here to leave with cash. >> we were just a little theory but after reading them they were down to earth and good people that we just love them to pieces. >> how did the money change your life? >> that is a godsend because when the life is on an easy street life is at your door but then i was diagnosed as colorectal cancer one later level of bond dash later in wherever doctor visit could be $200 it has alleviate any concerns i have for my health or extended family is the bank did he save your life? >> indeed.
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he did save my life. >> today still working as a doorman but he has a new address. >> diamine rodeo drive. i have met so many people i am thinking of running for mayor of beverly hills. >> the acting did not make you rich kid the inheritance? >> gave me confidence that i am safe. i want to say thank you. you made me say if. >> peter is currently working on a screenplay about the entire stranger inheritance story end it may get the two retired actors back into the picture to lives touched for ever by a man they had never met. thanks for watching remember you cannot take it with you.
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show that touches base with you folks. "strange inheritance." >> a world famed musician dies. >> his love. his heart. his voice. >> it's more than 300 years old and could be worth many millions. this strange inheritance is more than about money, it's about a father's legacy. >> it was clear to us that he did not want it to be hidden away. ♪

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