Franklin had no middle name or initial.

First marriage was to Cora May Caraker, divorced. Child born during marriage was disputed in court by Franklin. He was in the Navy at the time.
Second marriage to Marjorie resulted in one son, Franklin Taft Jr.
WW II:
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Enlisted Feb 17, 1941
Discharged Jan 1947
From official Naval records received 2007:
Service number: 342-40-96
Promoted from SF3c to SF2c 1 April 1946, U.S.S. Helena (CA75).
Promoted from S1c to SF3c August 1, 1943 U.S.S. Yorktown (CV 10)
Promoted from S2c to S1c 10/1/42, U.S.S. Arkansas
Promoted from A.S to S2c 6/17/41, U.S.S. Arkansas
Service stations/vessels:
USNTS, Great Lakes, Illinois (12 weeks)
USS Arkansas (BB-33) 30 Sep 1941 Thru 8 Feb 1943
Note: Arkansas sailed from Morrocco 29 Nov 42.
USS Yorktown (CV-10) 15 Apr 1943 Thru 29 May 1944
USS YMS-216 Minesweeper 31 Mar 1945 Thru 31 May 1945
USS Helena (CA-75) 1 Jan 1946 Thru 1 Nov 1946. Record shows USS General Butner, troop transport must have been going home on it.

Served on U.S.S.Yorktown during the following operations against the enemy:
Attack on Marcus Island, 31 Aug. 1943
Attack on Wake Island, 5-6 Oct. 1943
Attack on, and support of invasion force, Gilbert Islands, 19-27 Nov. 1943
Attack on Marshall Islands, 4-5 Dec. 1943
Attack on, and support of invasion force, Marshall Islands, 29 Jan. to 4 Feb. 1944
Attack on Turk Islands, 16-17 Feb. 1944
Attack on Marianas Islands, 21-22 Feb. 1944
Attack on Papau Islands, 29-31 Mar. 1944
Attack on Woleai Island, 1 April 1944
Attack on, and support of invasion force, Hollandia, New Guinea, 21-27 April 1944
Attack on Turk Islands, 29-30 April 1944
AWARDS:
American Defense (1 star)
American Area
Victory Medal WWII
Asiatic Pacific (12 stars)
Philippine Liberation
European African Mid Eastern
Good Conduct
Presidential Unit Citation U.S.S. Yorktown