In 1903, his son was born. There were huge spendings for baby supplies, hospitals, and pediatricians. Based on the value of the dollar at that time, it can be inferred that he was relatively a wealthy person. His son also had a lot of toys and a strictly regulated school. His father placed great importance on his son, but this also reflected the fact that his son was a very naughty child. The father saw education as a very important part, paying for tuition at a military academy and Stanford University, and also purchased a car for him. Stanford University was not as strong as nowadays, so it just means an ordinary school. By 1926, the father had transferred $200,000 to him. By this point we can see that he is really rich.
Jr. soon fell into a life of extravagance, frequently visiting luxury stores and jewelry stores, and also having financial transactions with Tony Spagoni (an unknown person). It is clear that he greatly enjoyed his father’s wealth, and based on this spending habit, it can be inferred that he may not have had much pocket money during his childhood. Between 1929 and 1930, he largely spent money for Flossie Wentworth, which can be inferred that she is Jr.’s wife. In 1931, he paid court fees in Reno and immediately transferred $175,000 to Marie Wharton Exeter, which may be a divorce disputation.
Shortly after that, he was sick heavily in a hospital, and his father resumed payment to cover hospital costs. July 16, there’s a payment to Hollywood Funeral Home, marking the end of Lawrence Exeter Jr.’s life. Looking back from it, it can be roughly inferred that his father raised a relatively good-for-nothing child and wasted a lot of money.