Rankin Paynter
A businessman from Winchester, Clark County, Kentucky, USA has hit the headlines this week for an amazing act of spontaneous generosity.
Rankin Paynter, who runs a jewellery exchange was shopping at his local K-Mart, which was about to close for good. He asked a cashier what would happen to the unsold stock and was told that ‘power buyers’ would take it all. (Power buyers are wholesalers who purchase large amounts of bankrupt stock to sell on to others.) He immediately signed up to be one, and six and a half hours later had purchased $200,000 worth of clothing and other goods (the store’s remaining stock), which he then gave away to a non-profit that helps families facing crisis situations – Clark County Community Services.
Mr Paynter was reported to have said that, having seen so many needy people coming into his store to sell their jewellery, he felt it was time to give something back to the community.
A spokesperson for the charity said this was the biggest individual donation they had ever received, and that it would mean for the first time next winter they would have enough coats, hats and gloves to provide for all the children they serve.
Really restores your faith in human nature, doesn’t it?
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