The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1889-05-25
MASTERS REPORT.
I'm the supreme Court OF the Hawai-
Ian Islands.

George Bicknell, deceased testate.
In probate.
To the HoNoRABLE SANFORD Il.
DOLE, Justice of the Supreme
Court.
SIR:-T submit to Your Honor
the following report touching the
accounts filed by the executors
herein.
The accounts as submitted are a
transcript from the books of the firm
of Grelg & BiclSnell covering the
period from September 2, 1884, to
March 81, 1889.
The deceased who was a partner
in said firm died in Honolulu on
June 8, 1884.
The fact that since George Bick-
nell's death the business of the firm
of Greig &; Bicknell has been con-
tinued as though such death had
not occurred, is reason why the
executors have not confined them
selves TO an exclusive account relat-
ing TO the estate of their testate.
This reason is likewise coupled with
the fact that the business of said
firm is mainly transacted on Fan
ning's and Washington Islands lying
in the Pacific Ocean. Moreover the
following clause in the will may
have some bearing on the matter:
"And i enjoin and direct the per-
sons for the time being entitled to
the said property (meaning the pro-
perty on said Fanning's and Wash
ington Islands) not to sell or dis
pose of the same in any manner which
many cause the same to go out of the
possession of the Bcknell family
and to carry out in all respects the
agreement of copartnership existing
between myself and William Greig."
The following schedules of &C.
count were submitted by the execu-
tors and are on file:-
lst-A trial balance of the books
of Greig & Bicknell as of the 31st
March, 1889.
2d-Receipts and expenditures of
the firm during the period covered
by the accounts, to wit: tota)
amount received, $40, 77S.4l: total
amount paid, $40, 425.76: excess
of the firms expenditures, So, 647.,
50.
3d-Account of William Greig's
Indebtedness to the firm, showing 9
debit balance of So, 649.32 on March
81, 1889.
4th-Account of the estates IN.
debtedness to the firm, showing q
debit balance of Sc, 1929 on March
81, 1889. (This, however, includes
the executors charge of S1,299.9G
for their statutory commissions.
5th-Sundry other statements il
verification of the foregoing sched
ules.
l find that the commissions charg
ed by the executors are upon the
sum of S22, $500, being half O
the firms aggregate receipts. Blu
| have found an overoharge of S2(
in the charge for commissions, TO
the reason that y percent, insteat
of seven percent was charged OIL
$4,000.
For the purpose of comparison
find that in June, 1884, Greig's debi
to the firm was $5,7O2.13. O.
March 81, 1889, his debit stands q
50, 649.32.
In June, 1884, the date of dece
dents death, his debit to the fir
was S4, 074.33. On March 81, 1889
the debit stands at S5,43O. 39
While in the case of Greig ther
has been reduction of his debit thes
has been an increase of the debi
against the estate. The reason c
this will be apparent from the fac
that the executors expenditures in
clude the following items:
Expenses at the Queens Hos
| pltal ....... ..........,...S 800
Medical and funeral expenses. 232
/, Legacy to Geo. Bicknell Greig 600 {
Payments to James Lick ell. ] .969 {
Other miscellaneous payments l3G
, s6,G37
A basis having been obtained OF
of the partnership account the eX
+. cutors in future will have no dill
j, Guilty in submitting to the Cou
their exclusive accounts relating
the estate alone.
To summarize:
Debit balance to carry forward
+. their next account would be:
!. Debit balance owing by the
Estate to the firm of Greig
> q Bicknell.... 50 ,430
Debit balance owing by the
Estate to the Executors
for commissions. 1879
Il SG,7lO
1t / have verified the executors itel
1t of expenditure with the voucher
J. Also the firms items of expenditu
with the 1873 vouchers produce
sc They all appear to be correct.