Wednesday, December 15, 2010

Farmer Spreads $3 Million Around his Small Town

Mower County Farmer Spreads $3 Million Around his Small Town

LEROY, Minn. (AP) - A retired farmer had a reputation in his small Minnesota town for being very frugal. So, when the checks arrived at the senior center, fire department, churches and other places in Le Roy following the farmer's death, surprise would be an understatement.

Ninety-four-year-old Loren Krueger spread $3 million around the Mower County community of about 900. Krueger outlived two wives and a son and lived in a simple white house on Le Roy's main street, quietly amassing a fortune.

Checks for more than $400,000 arrived at two local churches. St. Patrick's Catholic Church received about $1 million. The senior center, which was getting by on $600 in county funding each year, got $220,000.

KARE-TV says while many in Le Roy tagged Krueger as frugal, now they're remembering him as generous.

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