St. Paul daily globe., 1893-02-24
IN THE COURTS.

Educational Endowment, Burt
Assignment and a Suit Against
Heirs.
Yesterday at the district court, al
though supposed quite generally to be a
vacation for the judges, proved busy
day for Judges Lochren and Hooker,
who were engaged in hearing argu-
ments from score or more of attorneys
in the matter of certain claims against
the Educational Endowment aSSocia-
ton. The attorney for the associations S
receiver stated that the interested par
ties had agreed to sign certain stipula-
tions which would much simplify mat
ters, and after some little by-Word
arguing the stipulation was passed
about and signed. The entire aft
ernoon was consumed with argu-
ments, and then not all claims were
presented. The report of the receiver
shows that he has now some 100000 In
his hands and the whole amount OF the
claims from those who claim the entire
amount of their certificates will aggre-
gate 100000 The schedules OF assets
and liabilities have not been footed up,
but the receiver thinks the shareholders
will realize about 80 cents on the dollar.
The receiver will also make an effort to
have the court allow the amount shown
on the books of the company for share
holders who have not filed proofs OF
their claims, as he says there are many
people who have lost their proofs and
should have their share just the same.
The disclosure proceedings in the
matter of the assignment OF George T..
Burt, the lnSOlvent commission mer-
chant, came up in the district court yes
terday before Judge Hooker, and drew
an excited crowd of creditors who were
ready to attempt to prove that the t1rm
had been guilty of fraud in purchasing
some $1,000 worth OF merchandise a
month, and had sold them at less
than cost. The books of the firm,
however. which were brought into
court, failed to show any such deal.
Mr.. Burt, himself, was put upon the
stand, and admitted that he owned the
business, but said that he was on the
road most of the time, and that his son,
John l.. Burt. managed the business.
He denied any knowledge of the trans
actions referred to. John l.. Burt was
subp9naed to appear, but failed to re-
spoud. 1t is thought he has left town,
at least bench warrant was issued and
given to the sheriff to serve. Up to the
hour of adjournment Burt had not been
found.
Winthrop Young began an action in
the district court yesterday against
George N. Hunt apd others, as heirs of
Ovid Penney, who died Nov. 4, 1878,
leaving a $2,O0O.000 estate, of which
Young was appointed administrator.
He sues the heirs to recover S4,502.0S.
He alleges that, upon the distribution
of the property. Samuel Hill sued him
(Young) to recover possession of certain
property and secured judgment in the
sum Of S6, 145.72, which was afterwards
assigned to E. G. Whitney. OF this
amount 50, 7O2 was paid by other de-
PENDANTS. Whitney brought suit for
this amount, and was defeated, but the
supreme court reversed the decision.
Young claims that he turned the prop
erty over to the heirs. hence seeks to
recover from them the original amount
with interest, also the costs Of the suit.
Paul Brown has begun an action IN
the district court against Miner Ball
and the Minnesota Title Insurance and
Trust company to set aside a mortgage.
Robert II. Craft has petitioned the
probate court for letters of adminiStra-
tion upon the SAT, 200 estate of NJ. Amasa
Crafts.