MichealVincent Wellington
1941-1991
A
youthful Micheal with his new motorcycle in 1958
Micheal Vincent
in his college years 1961
Micheal Vincent returned to the estate
in 1983 to take his vengeance against it, though no one really knows why Micheal
turned out the way he did, there are 3 major influences that can be pointed to that
may give some explanation.
The first reason for Micheals behavior was in his rejection
of being a "family heir to throne" at a very young age, this idea was mostly
pushed by his grandparents; Norrine in particular, and Anna had a tendancey to push
this idea as well, yet Micheal rejected the notion much in the same way his father
did. Micheal was closest to his father as a child and usually it was only Liam who
could get Micheal to behave.
The second factor would be the aftermath of Liam's
death. Anna and Micheal were not close and Liam's death didnt change that; furthermore,
Micheal was aware of Anna's mischief around the estate starting around 1959 and Micheal
confronted his mother about it.
Anna's way of appeasing Micheal over these problems
was to give him what he wanted; a motorcycle, a car, a free ride to college, anything
where Micheal could go do what he wanted and get away from the estate.
The third
factor for Micheals resentment would be in the early 1970's when Anna cut him off
the financial free wheel. Micheal had dropped out of college on 3 occasions, was
given money time and time again and had nothing to show for it, he always came home
broke and needeing more.
Micheal left the estate not to return again until 1983.
Despite
Anna's frustration with Micheal, she never amended anything with the trust or how
the Wellington operations were run, Micheal must have known this somehow, and returned
in 1983 to claim what he believed to be his.
Micheal Vincent was present for the seniors
board meeting of Wellington Timber in January 1984 to announce his intention to take
over as CEO of the company.
Walter Sorrels was stepping down as CEO after a 2
year tenure and the board was meeting to vote on a new CEO, there had not been such
a shake up at the top since Richard Cottington took over in 1957. The board unanimously
ruled out the notion of Micheal Vincent taking over but he still held a majority
vote as the senior heir of the Wellington estate, this is a point where Alexa Wellington
takes some criticism since she could have attended the meeting and split Micheal's
vote, however she chose not to get involved thus she lost her half of the vote by
default.
Micheal Vincent would spend the next number of weeks trying to manipulate
the voting panel of 5 to vote his way, it was later found out that Micheal was able
to buy the vote of major shareholder Mel Dobson but the panel could not come to a
majority in any direction.
A change of events took place in March when majority
holder and company vice president Harold Pateegan met with Micheal Vincent. Pateegan
agreed to a number of Micheal's demands if he were to be CEO of the company, Micheal
made a pact with Pateegan and garnered Dobson's vote as well. Pateegan was announced
as the new CEO of Wellington Timber in March of 1984.
Mr.Pateegan had been known
as a long time beauracrat, a real "by the book" kind of guy but in this
instance it was Mr. Pateegan who fooled Micheal Vincent. Pateegan agreed with Micheal
Vincent in his environmental concerns and new that EPA regulations and such would
be a huge concern for the company, Pateegan agreed to make this issues a priority,but
not the way Micheal had envisioned.
Pateegan adopted a "Lincoln like"
policy of keeping your enemies close at hand. Pateegan learned through various contacts
that Dobson had been paid off for his vote, this was an ethics violation and thus
Dobson was removed from the majority board. Dobson's replacement on the board was
Moran Bannister from the Bannister family who had long been investors in the timber
company. Bannisters appointment then led to local bank president and long time family
friend Robert Hanlon being named chief financial officer of the company. Mr. Pateegan
now had 3 votes for a majority on the senior board and warned Micheal that he could
be held silent due to his ethics violations connected to Dobson.
Micheal proceeded
over the next 2 years to organize rallies and demonstrations against the timber company
and its practices. In one particular demonstration the protestors tresspasses on
Wellington property and thereater Pateegan called a meeting of the board.
Micheal
Vincent was unanimously reprimanded on ethics and conflict of interest violations
and was censured for a perios of 2 years.
Micheal never attended another board
meeting or business function at Wellington Timber.
Micheal Vincents "reign of terror"
reached every aspect of the Wellington estate.
Micheal closed the performing
arts theater at years end 1983 by cutting off all funds directed toward it.
Micheal
fired the maintenance staff at the Wellington estate house and had his own people
move in, at one point there was an estimated 50 or more people, better known as "squatters"
who were living at the estate house, trestian manor or the guest house, all rent
free of course.
In the spirit of "posession is 2/3 of the law" Micheal
sold off assets and equipment used by Corey Construction as well as anything he could
get his hands on from the timber company.
Alexa Wellington finally looked to confront
her brother about matters surrounding the estate in 1984, when she arrived at the
Wellington estate house she was ordered off the property by 3 men branding guns.
The incident was not all so dramatic but clearly intimidated Alexa, who left immediately
and did not return. This is exactly what Micheal had hoped to do and once again he
was free to do as he wished.
The Wellington Estate remained in deadlock
for the next 5 years.
Alexa handled things much like her mother, simply unwilling
to confront Micheal to the extent of resovling the crisis, in the meantime, Micheal
had "boots on the ground" control of the estate and was utilizing every
opportunity to manipulate money out of the estate.
**
Micheal Vincent was a
seedy character, a villian of sorts, a counter culture type who live in, and took
out of any particular moment whatever he wanted, a thorough manipulator.
Alexa
remained detached toward the estate, and Micheal continued to pillage the Wellington
trust fund, which was designed to pay the costs associated with the estate, and to
provide a trust for any children or future heirs of the estate beyond Micheal and
Alexa.
***
By 1988 it was clear on many fronts that something had to be done
about Micheal Vincent.
In 1989 a new factor would enter the arena of the Wellington
estate crisis.
Alexa's son, Gregory Wellington Stewart proclaimed "I want
Wellington" in 1989.
Gregory Wellington would be legally and financially
supported by his grandfather Russell Stewart
in his pursuit of Wellington estate.
The thesis of the challenge was that Micheal Vincent was pillaging the trust
fund thereby violating the rules set up by the trust fund back in the 1950's. Micheal
and Alexa were in essence "diralect of duties" in the trust fund and could
legally be held accountable.
Photo of
Micheal Vincent somewhere around 1990
The long running saga of the Wellington Estate was about to take a new twist, and with it would come an end to Micheal Vincents reign of terror.