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Warns Against Speculation and Intermarriage in Will Leaving Large Fortune

January 5, 1923
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An admonition to his sons not to engage in speculation on the stock exchange and the earnest wish that no son while engaged in his firm will hold any public office, are contained in the will, admitted to probate yesterday, of Louis Cohen, former Lord Mayor of Liverpool, who died in September leaving a fortune of £1,192,700. Money made by speculation is sure to be lost and lead to disaster, Mr. Cohen advised his sons, and it is improper for one to be a candidate for or member of Parliament or to hold any office in a Municipal District Council, or any other local authority, while engaged in business.

The “strong conviction” is also voiced in the will that inter-marriage between members of different religions tends to bring great unhappiness, and it is the earnest wish of the deceased, which he was “confident will be regarded”, that no child, grandchild or remoter descendent will forsake his or her religion and marry a person of another religion.

Mr. Cohen expressed also the hope that no grandchild or remoter descendent will marry a person who is not a citizen of the British empire or of the United States of America. Mr. Cohen is survived, among others, by a son, Brunel Cohen, who is a member of Parliament.

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