Abandoned Shipwrecks Act particular case of the salvage of the "Nuestra Señora de Atocha", an historic and culturally significant wreck off the coast of Florida, in which the State of Florida was unable to prevent illegal salvage operations due to a lack of a suitable law that would disallow it, spurred action at the federal level to address the situation. On April 29, 1988, President Ronald Reagan signed the bill (Abandoned Shipwrecks Act of 1987, Pub. L. 100-298, 102 Stat. 432) into law. The law provides that any wreck that lies embedded in a state's submerged lands is property of that state and
Benwood Foundation lawsuit when family members sued regarding the tax status of the donation. A 1952 court ruling stated that the Foundation did not have to pay death duties, which became the responsibility of the residuary estate. The ruling was upheld on appeal. The Foundation's grantmaking focus is on Public Education, Arts & Culture, the Environment, and Neighborhood & Community Development. Benwood Foundation The Benwood Foundation is a charitable foundation created in 1944 by George Hunter in honor of his uncle, Benjamin Thomas who pioneered the Coca-Cola bottling industry and founded the Coca-Cola Bottling Company. George Hunter was the heir of Benjamin