National Republican. (Washington City (D.C.)) 1872-1888, 1885-01-26
THE HUTCHINSON ESTATE.
One OF tho Heirs Petitions for n
Change or Trustee.


Change or Trustee.
Linda Hutchinson Ball, by bill in
equity filed through her attorneys,
Messrs. Totten & Webb. against John
f. Olmstead and Elias s. Hutch
inson, asks for the substitution of
trustee in the place Of Mr.. Olmstead;
for an account and injunction directing
Mr.. Olmstead to deliver to Mr.. Hutchn-
son aud the trustee appointed in his
(Olmstoad's) place all deeds, contracts,
bonds, money, &c., belonging to the exc
cution of deeds set forth In the bill of
complaint, and he restrained from inter-
fering with the execution Of tho trusts
referred to in the deeds.
Mrs. Ball states that III. NJ. Hutchinson
and wife, her father and mother, on
March 10, 1881, executed deed by which
they conveyed TO ]. +. Olmstead and Il.
S. Hutchinson lot 132, Hutchinson's sub
division of lots in square Isl, in trust
for her sole, separate, and exclusive in
terest and benefit, and in case of sale the
proceeds should DO paid over to her or in
vested for her benefit. Negotiations were
entered into between A. +. SpotIord and
the trustees by which the former leased
the property for two years from |, 1851, at
a rental of $1,000 per annum, with con-
dition that he should have the privilege
Of purchasing the property before the ex-
piration of the lease for $4,000. A con-
yeyance was made to him June 81, 1888,
he paying $4,000 cash and giving three
notes of 81 900 each for tho balance, paya-
BILE in one, two, and three years, and Sc
cured by deed Of trust on the property. OF
the cash paid Mrs. Ball says that 81, 200
kSyuQ In Tod fn. hn., he. L.,N {.
naming $500 is in the hands of the trus-
tees. Mr.. Spon'ord asked an indulgence
as to part of the first note when 1t be-
became due. She informed the trustees
of her consent, as she would continue an
investment of $4,000, but they refused
TO grant it, Olmstead insisted upon full
payment, and threatened sale If there was
failure. She further complains that un-
I'll Dec. 81, 1854, no account had ever been
furnished her and only 1925 paid. BY
this account, which was prepared by Mr..
Olmstead, she for the first time became
informed that with a part Of the money
raised by sale of some of the notes house
and lot had been purchased and conveyed
to the trustees in trust for her benefit, for
the sum of $4,000, That the property, lot
Al. Pages subdivision of square 02, was
subject to prior deed of trust for $1,000,
and she has no knowledge concerning the
deed except what she obtained from the
record. She charges that the price paid by
the trustees Is largely In excess Of the value
OF the property, and also charges that the
sale was effected by Mr.. Olmstead in his
capacity of real estate agent, aud that he
was paid by Page a commission upon the
purchase money for making the sale, and
she further believes he will charge against
thn f,tpl la hia ha a. "a. vNh 10.
mission for his services as trustee in pur-
chasing the property, thereby obtaining
double commissions. She also states that
the account shows that with $1,000 of the
trust fund the trustees purchased the notes
of Geo. N. Saegmuller, secured by deed Of
trust upon certain property, and she be-
lieveS that these notes were the property
of Mr.. OlmsteaI and that, in purchasing
them rs he pretended on account ho SIM
ply cashed paper belonging to himself;
that they are secured upon unimproved
property that under the best circum-
stances could not be sold for enough to
pay the notes; that this fact was known
to Mr.. Olmstead when he used the funds
Of the trust for making the purchase, and
Mrs. Ball believes aud charges that the
notes could not have been sold in tho
market for their par value and Mr. Ohm
stead has endangered the trust fund by
the investment, IL is further charged
that Mr.. Olmstead has by his conduct in
other matters placed himself IN such an
tagonism to her and members OF her
family rs to render all future relations on
her part in the matters embraced in the
trust very unpleasant, and she charges
that it will be impossible to carry out the
purpose of the trust so long as they are
intrusted to Mr. olmstesd in any form.