The Washington times., 1923-01-17
JACKIE CO0GA|V
.GETSS50O,O00.
CHECK
Keeps S. TO Buy New Scooter
and Gives Balance to
His Father.
BY WILLIAM PARKER
Cosmopolitan News Service staff


IN 111.1 WOOD, Cal M. 9s--T
Six-year-old JaSItie Co0gan, hoy
Croesus Of the teilfns unIpersey and
Es w first American boy to earn
u, 900 900, made another Financial
deal today, but In this one he lost
For the infinite small sum Of SIS
In hand, he turned over, convened
and otherwise endorsed to Jack
Coogan. ST., the $500, 900 check
which he received last week from
the Metro Pictures Corpora ton, to
bind his new starring contract.
Buys New Scooter"
With the SIS Jackie proceeded
forthwith to hardware store some
blocks from his home ana invested
Ia q new scooter"
Had his $500, 900 check been
dated 1922, 1t Is likely little Jackie
would have returned to his Uncle
Sam an income Tor the year close
on to $1.O0O.O0O. As it Is, those
who, are thoroughly familiar with
the boy, say his income during
1922 was around S60O,OOO.s
At the beginning Of 1922 Jackie
was rated to be worth approximate
" 5000, 900. It is being estimated
In Hollywood that Jaclie's, wealth
IS rapidly nearing the million mark.
Ills parents were vaudeville
actors before Jackie made himself
famous In Charlie ChapIin's ''The
KIoA Today it is estimated Jackie
draws a. much and sometimes
more money to the box than does
Chaplin. as
Mother Made Guardian
The question as 70 the disposal
Of Jackie's income has been q yoke
on his parents. When unjustified
reports were circulated Ffn the film
colony q year ago that the boys
money was being sQnandered, the
parents went to court. Mrs. Coo.
gan was appointed JaclIie's legal
guardian so that the return to be
made to the court would show def.
nitely the sums received and ex.
pended, thus eliminating criticism.
But Jackie's fame and fortune
grew so rapidly that Mrs. Coogan
discovered she was managing an
institution. not raising son. With
the new contract and greater duties
In prospect, Mrs. Coogan. several
weeks ago asked to be relieved Of
her responsibility as guardian. and
now the money win 20 into s trust
fund to be administered in Jaclie's
behalf. Jackie owns a $S5, 200
home in the Wiltshire district. he
being q neighbor Of Oliver Morosco,
the theatrical producer, and several
millionaire Los Angeles bankers.
Gets SO Per Cent Gross.
Coogan, ST., an eccentric dancer,
was appearing in q vaudeville
dancing act with Gertrude Hoffman
in Los Angeles three years ago
AS q 'bit" Ia the act, little. Jackie
would come out almost at the end
and do few cute steps. Chaplin
saw screen possibilities in the
yOungster. There are various re-
ports OF Jackie's first salary. Chap
lin IL said to have offered $40 and
that Coogan, sr.s held out for SIS.
What Jackie's income will be for
1928, per week, day, hour and
minute can be estimated by any
one IQathematically inclined. He
will make four pictures. Each pic
ture will gross approximately $780,
600. ,Jackie's percentage will be
so Per cent of the gross Of each
picture.
Trying to interview Jackie on
fame and fortune is futile. He is
just a boy" and absorbed in his
scooter and his police dog, 'Butz."
i got my allowance raised" was
all Jackie would say, "I used to get
Sc a week. Now get SO. Amt
that finer