The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1886-06-23
Tho Coburn Estates.
PETITION FOR HEARING ~ CoCRI OF
EQUITY.


EQUITY.
George +. B. Jackson, Esq, admins
traitor of the goods and estates of Philan-
der Coburn. late of Skowhegan, through
his solicitors, Symonds and Libby of
Portland petitions the Justices of the SUI
preme Judicial court for hearing on the
accounts of the firm of 4. & Y. Coburn
and their adjustment and the determine
ton of the respective interests of the es-
tates of the two brothers, Abner and Phi
lander, by a judgement of the Supreme
Judicial court in proceeding in equity in
which all the parties in interest can be
heard and by which they will be bound.
The administrator sets forth sundry state
ments and complaints among which we
note: Dividends were made by Abncr CO.
burn. prior to his death, of about $500
900 to the heirs of Philander leaving AS
he elaine 81 900, 900 undstributed; THAT
after the death of said Philander and I'M
der said powers of attorney, and said Alb
ner during his life continued the opera
lions of said firm, the management of its
property and the conduct of its business
precisely the same as If said firm had not
been dissolved by the death Of said Phi
| lander, engaging in new and important
enterprises and making large investments
of the Joint funds therein. THAT
some of these new business enterprises
and Investments begun and made by the
| said Abner after the death of said Philan-
der rcslvted dsastrously, and by reason Of
them heavy pecuniaIy losses were sus-
tanned. - = THAT notwithstanding the
said defendants heirs eff the said Philan-
der. gave to the said Abner Coburn In his
lifetime the power of attorney hcreinbe-
fore recited and suffered him to act under
them as hcrcinbeforc stated, and received
distribution of part of the estate OF the
said Philander from the said Abner Co.
burn acting under said powers of attorney
now some of the said heirs of Philander
Coburn repudiate the said powers of at
torney and claim to have the estate of the
said Philander administered as 1t would
have been If no such powers of attorney
had been given" while on the con-
trary the said defendants, executors of
the estate of Abncr Coburn, claim that
the relations between the estates of the
two said brothers should be determined
and adjusted Us of the date of the death
of the said Abner Cobllrn and that the
property remaining at snch date, includ-
ing all investments made by said Abner
after the death of said PhilaDder and sub
ject to all the losses sustained by him
thereafter. should be treated rs the com
mon stock belonging in equal proportions
to the estates of the said two brothers.
In response to the prayer of the petit
TONERS the executors Of the last will and
testament of Abner Coburn and all the
heirs of Abner and Phiander Coburn and
the executors of the will of Alonzo Co
burn are commanded to appear before the
Supreme Judicial court next to be holden
at Portland within and for the county of
Cumberland, on the first Tuesday of Au-
gust next, then and there to answer to
Mr.. Jackson's bill of complaint. They
are further commanded to file with the
clerk of said court, within 30 days there
after, their demurrer, plea or answer to
said bill. The bill was filed before and
subpoena issued by Judge Virgin the 18th
inst.