The record-union., 1892-03-18
TIMOTHY HOPKINS SHARE.
The Sacramento Property Which He
Gets From SearIes.
Details of the Settlement by Which
Mrs. Hopkins-Searles' Estate
Was Recently Divided.

kinS in the matter of the estate of the late
Mary F. S. Hopkins-Searles are at hands
Several copies of the contract entered
into at New York have been received.
BY this document Timothy Hopkins re-
ceives in real estate, stocks, cash and
other property which has been appraised
at So, ,250,OO0, though it is generally con-
ceded to be worth considerably more
money, as the appraisement was consid
cred very conservative.
The agreement was made on March 2,
1892, at the city of New York between
Edward +. Searles of Methuen, Mass,
and Timothy Hopkins of Menlo Park,
Cal, and Thomas Z. Stillman and
Thomas II. Hubbard united, individu-
ally, and as surviving partners, with
Searles i'll the partnership of Searles,
Stillman d Hubbard.
BY the deeds, transfers and engage
ments Timothy Hopkins relinquishes all
claims for himself and others against his
adopted mothers estate, or against
Searles or the firm mentioned, and the
remuneration covers all possible contin
gencies known to the acumen and
verbiage of the lawyer. Mr.. Hopkins
also warrants that he has made no other
assignment Of his claims and that he will
defend and indemnify Searles and the
others from any claims that may arise,
and agrees Ito give any further or fuller
or more specific conveyance or transfer
in respect to any of the said Claims"
lie also agrees to appear in person or
by attorney, i'll any court in any pro-
ceedings taken by the executors under
the will, and to consent that such will be
established and that auxiliary letters
testamentary hereunder issue to the exc
cutors named in the will in any jurisdic-
ton. lie also warrants Searles and the
executors against any claims on behalf of
his wife, Mary X. Hopkins, against the
estate of the late Mrs. Searles, and agrees
that Mrs. Hopkins shall also appear and
consent to any proceedings in any court
when required in connection with the
carrying out of the will.
In consideration Of these agreements
and warrants, Searles (Stillman and
Hubbard and their wives uniting) de-
liyers to Hopkins certain real estate in
the city of San Francisco Cal, and in the
city of Sacramento, Cal, and of certain
redwood lands in Santa Cruz and san
Mateo Counties, Cal, and of certain real
estate in Placer County, Cal, together
with the policies of fire insurance on
some Of this property.
Searles also pays to Hopkins Sl25,000 in
cash and agrees to pay Hopkins S225, 900
more within forty days, and interest
This $3.50, 900 is the schedule value of the
Hopkins residence at the corner Of Cali
forniaand Mason streets, in San Francisco.
The deeds to the lands are to be delivered
when the executors have taken out
auxiliary letters testamentary in Califor-
MIA, or at any time thereafter when Mr.
Hopkins may demand them.
As soon as letters teStamentary have
been issued Searles also agrees to deliver
to Mr.. Hopkins certain stocks in Califor-
MIA corporations, as follows: Capital stock
of the Iona Prieta Lumber Company
of the par value of $40, 900; capital stock
of the Pescadera Lumber Company. of
the par value of S420, 900; capital stock in
the Consolidated Bituminous Rock Com
pany of the par value of S225, 900; capital
stock in the Pacific Paving Company of
the par value of 100000; capital stock of
the Sierra Lakes Ice Company of the par
value of $4,000.
Also, all right, title and interest that
the estate of Mrs. Searles may have in
the household furniture or other personal
property in the residence of Mr.. Hopkins
at Menlo Park and in the Hopkins resi-
dence on Mob Hill.
The rents, issues and profits of the real
estate transferred belong to Searles up to
the date of the agreement, and from that
date they belong to Mr.. Hopkins, no
matter when the transfers may be made
legal phraseology that it is binding on the
parties thereto and their heirs, executors
and administrators, and is signed on be-
half Of Edward +. Searles by Thomas f.
Stillman and Thomas II. Hubbard, his
attorneys in fact, and then by the attor-
neys individually, while Russell J. Will
son signs for Mr.. Hopkins as his attorney
in fact. Charles Flynn is witness to the
sealing and delivering of the important
instrument.
In schedule attached to and made a
part of the agreement the real estate
transferred TO Mr.. Hopkins is described
as follows:
Plot on the southeast corner Of Turk
| and Leavenworth streets.
Plot on north side of Ellis street, be-
tween Powell and Stockton.
Plot on southeasterly corner of Seventh
and Stevenson streets.
Plot on southeasterly corner of Mark ct
and Tenth streets.
Plot on south side of Broadway. be-
tween Stockton street and Grant avenue.
Plot on the northerly side of Harrison
street, between Seventh and Eighth
streets.
Plot on southeasterly side of Bluxome
street, between Fourth and Fifth, and ex-
tending through to Townsend street.
Plot on northwesterly side of Bluxome
street, between Fourth and Fifth streets.
Bryant avenue to York street.
Plot on Jessie street.
One lot between l. and NJ. Fifth and
Sixth streets, Sacramento.
Two lots between NJ and n, Fourth and
Fifth streets, Sacramento.
itTwo lots between NJ and n streets and
Fifth and Sixth Streets Sacramento.
Eight lots between + and f streets and
Fifteenth and Sixteenth streets, Sacra-
mento.
Burial plot in Sacramento.
Eighty acres of land in Placer County
About II, l94 acres of redwood lands in
Santa Cruz and San Mateo Counties.
NO values are attached to the property
scheduled, but it is very valuable and all
productive. On the other hand it is Of a
character that nonresident holder could
not well have handled without much
annoyance and expense. and for that
reason, excepting the Mob Hill mansion
and other castles of the sort in the con
struction of which Mrs. Searles seemed to
delight, Is among the least desirable of
the assets OF the estate from Mr.. Searles'
standpoint. 1t is also noted that it does
not impair the estates holding in the
stock and bonds of the Central and South
ern Pacific Companies.
1t is understood that the probate pro-
ceedings will be concluded as speedily as
possible now, and that the transfers to
Mr.. Hopkins will probably all be made by
April 18th, which is the limit of the forty
days in which the balance cash considera-
ton of S225 900 is to be paid.
HOOPS Sarsaparllla is emphatically an
4 L :. L