The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-02-07
He USED TO LIVE HERE
The Estate of the Late Colonel Estes Is
Carried IltO Court.
1T WILL BE SMALL AT BEST
Otto Stalmann is the Executor, But
a Brother of the Colonel Has His
Doubts About StaImann and
Asks Change.

The memory of a man who for years
was n warmly-admired resident OF Ana
conda Is recalled through the publication
of a piece of news relating to his estate.
The Salt Lake Tribune of Tuesday says:
"Malvin Estes, brother of Stephen A.
Estes, who departed this life in May last,
having failed to procure the retirement of
Otto Stalmann as administrator of the
decedent's estate, the reputed value of
which is about $4,000, upon a personal
invitation, yesterday appeared before
Judge Blair In probate court and launched
petition demanding his removal
THE demand recites thatAdministrator
Stalmann was, in the first place, in
debted to the estate at the time of his APP
pointment. in the sum of about 5000.
which he has, and still refuses to pay or
secure. That a large share of said estate
consists of a claim of about $50 900 against
the Salt Lake Copper Manufacturing COM
pany, and that said administrator is an
officer and stakeholder in said company
TO the amount of several thousand doll
lars and has interests in said copper plant
which are adverse to the interests of said
estate.
"That said administrators has knowingly
employed attorneys TO represent said
estate who are attorneys for said copper
company, who represent the personal in
terests of certain officers and stockholders
therein, and whose interests are adverse
to that of said estate.
THAT said administrator has accepted
in behalf of said estate $4,000 of stock in
said company at par value, for settlement
of a claim of $4,000 due from the Copper
Plant company to said estate, which SAID
stock is now of little value.
THAT the said administrator has pledged
fha stock taken in hplalf of said estate
collateral security for his individual in
debtednesS, and that he refused to resign
his position as administrators when per-
sonally requested so to do. That said
Otto Stalmann has taken n note OF S2,2OO,
made payable to himself, from the Cop
per Plant company, when it was the prop
erty of the estate. all of which facts en-
danger the administration of the estate.
1.-THE court, after listening to the read
ing of the petition by counsel, fixed the
hearing upon it for Feb. 18th, after APP
proving a number of minor claims"
Colonel Estes was one of the pioneer
merchants in this city. He came to Ana
conda from Butte. He had been at that
time a reside. of Montana for about five
years. He wa a grocer in Butte, but his
business there ent to the bad, and he
was without resources when he came to
Anaconda. He prospered here. He was
the manager of a general meacantile
house which won an enviable reputation
in the state. In spite OF serious losses en-
tailed in outside ventures, and notwith-
standing extravagant habits, Colonel
Estes retired from business after seven
years of experience here with a little less
than $4,000 in the equivalent of cold cash.
Leaving Anaconda under the delusion,
as il proved to be, that he could better,
Colonel Estes went to Salt Lake City.
This inc did under the advice of Otto
Stalmann, who was formerly a superin-
5tendent-at the works in this city, but who
ENyent to Salt Lake TO become a stock
holder and the manager of a concern that
up to this moment has missed little of be-
ing a total wreck. Colonel Estes died on
Easter morning of last year. He was the
intimate friend OF Mr.. Stalmann. His
brief experience there was bad. 1t is
doubtful whether he left an estate worth
cleaning up. He was not in robust health
when he left Anaconda, but he was all
right in a financial way. Evidently he fell
in with friends" who went through
him."