I knew Jackie Bancroft Spencer Morgan (“Jackie”) through the last five years of her life. Her last husband, Ronnie Lee Morgan(http://ronmorgan.net), was a client of mine in my law practice. As it turned out, I spent a good deal of time with Jackie, either playing golf or executing plans and desires that she and her husband requested. Jackie and I became friends, even though she protested that she didn’t like lawyers.
When I say I knew her through the last five years of her life, that is not to be taken that this was an elderly woman waiting for her death. Not at all. She was vibrant and energetic, immersed in supporting the performing arts including the theater she built (http://spencertheater.com), playing golf several times a week, bridge with her bridge club, managing her race horses through her trainer, and late evenings with such games as Rummicube. She may have been in her 70s but she was a bundle of energy.
Her stated reason for marrying my client, a 50-year old gay interior decorator, was that she wanted to travel the world on great cruises in her twilight years. She wanted a man with her, not a gigolo, so it might as well be a husband. Indeed, the two did take some fabulous cruises, costing about a hundred thousand a month.
Even though Jackie was a Wall Street Journal heiress, she wasn’t enamored with its history. On occasion, we talked about the history she knew. On occasion, we talked about her first husband, Hugh Bancroft, Jr., who left her a Wall Street Journal heiress and one of the wealthiest women in America when he died. But none of this seemed to faze Jackie. It was what it was, and life went on. I, on the other hand, found myself fascinated by WSJ history. At the time I knew Jackie, I didn’t realize that one day I would write a book about her, her husband, my client, and touch on the history of the Wall Street Journal.
Jackie was a unique woman, one of a kind. I write about her, her husbands, and the Wall Street Journal in my book: “Observer: The Ronnie Lee and Jackie Bancroft Spencer Morgan Story, a tale of people, greed, envy, manipulation — even crime”.