The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-02-28

The PRoBABLE RESULTS IN THE LIsPENARD CASE
Several incorrect statements have been published In
SEINE OF the papers, relative to the effect of the re-
cent verdict against the will of Alice Lispenard. 1t
has been stated that by this decision Colonel James
Watson Webb would get as high $SO, or
100000 This is not So.
The whole undivided Lispsnard estate embraces
about 500 lots OF ground in the fifth and eighth
wards These lots, valued al a fair price, may be
worth about $6OO0,0o0. OF this Robert Stewart
received through Alexander one entire quarter also
Alices sixteenth, to say nothing of what he might
have obtained from Leonard, and also of his own
individual property independent OF the Lispenard
inheritance. Robert Stewart, therefore, may be
set down al a million and half of dollars
OF the ten heirs each will take one-tenth of one
sixteenth. or the l60h part of the whole undivided
Lspenard estate. And valuing il at $1,000 900, a
l60h part will be less than $SS 600 which the u-
most that Colonel Webb would be entitled to by
this verdict. This sum, given to each of the ten
heirs, would not amount to 100000, even if
Robert Stewart is compelled to pay it all over, and
still leave him in possession Of more than million
of dollars. II would not reduce his estate one
third
Thus, by opposing the will of Alice Lsrenard Col.
Webb in virtue of his wites blood, could only get
some thirty or forty thousand dollars. But by
tanning the ill he lives in the expectancy of getting
one-sixth of the whole estate of Robert Stewart,
supposing him to bequeath it to the six children of
Alexander l.. Stewart by which latter disposition
of the property, Col. Webb would get some 25OOOO
dollars
1t will be recollected that the will of Alexander
L. Stewart, in substance and effect, gives the
estate- to Robert Stewart for life, and after his
death his (Rober Stewar's) depisees; that is, to
whomsoever he (Robert StewarD shall be pleased
to give his property If, therefore, Robert Stewart
makes will, the property will go to whomsoever
he pleases; but if he makes will, the property
must pass to the children of Alexander L Stewart
Again, if these late plaintiffs, the three Lispenard
children, step in, ii will reduce the estate of
Robert Stewart some 100 or Sl2O 900, still leaving to
him an estate worth considerably more than mil
lion and quarter OF dollars
This verdict may affect the temper and DISPOSE
ton ofMr Stewart such an extent that he may be
brought to the recollection of his Sister in Ireland
and sundry nephews and nieces in this country
They may become the subjects of his requests in
his last will and testament Should he, however,
die nestate, the property by the provisions of Alex
ander's will, cannot pass TO these nephews and
neces OF Robert, but we before said, must pass |
TO the children of Alexander l.. Stewart
II will be seen, therefore, that our friend Col. |
Webb, take either bird in hand, or half |
dozen in the bush that is to say, he have either
about $4,000 now, according to the verdict or
about 100000 In expectancy on Robert Stewart
hereafter He will please to let us know as soon
as possible, which horn of this dilemma he chooses.
and, in the mean time, he can take horn offresh
Croton water to clear his intelects for the question
Our advice Ito friend Webb is to take the $4,000;
for looking at the whole of this business tce hare
the strongest for believing that Robert Se,c.
art ,cW ieape the ho Of has property, real and per.
sonai to has mephec Lispenard Ste,car, pery aia-
ole young gentleman, as the sole representative Of the
Ste,ca family, and 10 preserve the property in the
Stetcart line, to be continued in the same ray in all
future time. This is the only mode of entailment
permitted by our laws.
CHARLES O'CoNNoR AND WATSON WEBB.-Our
unfortunate friend, Colonel Webb, having been de-
feated in his recent attempt during the trial of the
Lispenard case, to browbeat and frighten Charles
OConnor from doing his duty to his clients, now
out in his paper of yesterday, and gives
sion of the emeae with some fanciful additions of
his own, including few OF his usual brutates and
laughabIe assumptions
1t is certainly quite amusing to hear Webb talk
about honor, decency, and the usages of respectable
society. The Colonel always reminds us of the
ostrich, who in of danger, puts his head under
bush, and then thinks his extremities, long legs
and all, protected from all danger. Webb
stands up, shakes his whiskers, and says to every
one, am a genteman-you are not" and ina
glnes that the whole world does not see the long
legs of his long past history of foles, absurdties
and outrages against every principle of honor and
decency.
Really, really, our old friend Webb, il would
seem, ,will never be out of trouble. This arises
from his refusing our advice His only safety and
guide would be to take little more of the usual
advice and sound wisdom we pour out TO him. We
will charge him nothing for it-not even a commits
sion And the first lesson in the conduct of gentle
man, and OF true honor, would be to teach him to
bride his passions-to stick TO temperance and cold
water-to speak the truth-to take up the legacy of
$40 OOO-and TO pay his honorable debts with strict
integrity without awaiting himself OF his certificate,
and read the Herald hereafter the best guide for
his morals and manners in all time to come. Can
we do more for friend i!
For MERRIE ENGLAND The steam ship Acadia
will leave Boston tomorrow for Halifax and Liver
pooI Her letter bags will close in this city this af-
ternoon, at quarter to four o'clock. They are at
Harnden's the post office, and at Gipin's, in the
Exchange.
Our evening edition will be ready at half past
O'Clock this afternoon, with all the latest go
by this steamer.
The PACKETS AsHoRE.-All the cargo of the
North America is out, and she has been pumped
dry. She will be filled with empty casks, and per-
haps brought up 10 the city in the course Of this
week.
w. oxy Late nt,pfc (rnt he
She is probably off, nearly so, by this time. She
has had favorable weather, and more than hum
dred tons OF cargo have been taken out of her
chin than fhe h.n Laa L...I