The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-01-16
APPRAISEMENT OF ESTATE.
Filed by Il. +. Paine Yesterday With
Register Of Wills kochler.

Filed by u. r.. Patuc Yesterday Win
Register Of Wills kochIer.
Fl. L. aine, as appraiser of the estate
of the late John Handley, yesterday
filed his report with Register Of Wills
W. s. Hopkins. The law provides that
in cases where a man dies without an
heir s per cent. of his estate shall es-
cheat to the state.
Mr.. Paine has made conservative
appraisement of the estate and finds
that 1t amounts 10 one and one-half
million dollars. Colonel l.. A. Watres
passed upon the report before 1t was
filed. He was appointed BY the auditor
general In the interest Of the state treas,
ury. The amount of money which VIII
go to the estate from the state Will be
S6S, ,7S346 This Is ) per cent. OF Sl,-
374, ,669.2l.
There Is an allowance made In the re-
port for $25. 900 for each of the three
executors and an allowance OF S2b,0oo
for attorney fees. The personal estate
is as follows and 1t amounts to little
less than half of the fortune Of the de-
ceased: Cash In bank ct time OF death'
s6. 59l. .O5; life insurance collected, Sl03.-
2o6. so; household effects, paintings, pri-
vate library statuary. works OF art
cts, ets contained In residence or de-
ceased at No. &20, Lackawanna avenue.
Scranton. Pa. 5000: law library, sl,ooo;
hotel furniture in No. 42S Lackawanna
avenue, Scranton. Pa. $500: 4S6 shares
of the capital stock Of the Equity I'M
proyement company, Of Scranton "a,
SAT-. 81 per share, $2S6. SASS; 56, 200 shares
Of the Equity Improvement company OF
Winchester. Virginia (nominaD, S5'ooo'
s92 shares Of the capital stock OF the
Merchants and Mechanics bank OF
Scranton, Pa. at $50 per share. S26, I6o:
32O shares of the capital stock of the
Scranton Savings bank and Trust Co.
of Scranton, Pa. at $40 per share. S9'6oo;
10 shares Rock Island and Peoria rail-
road stock at $lOO per share, $1,000.
Notes, judgments and mortgages
which can be turned into cash. held by
the deceased amount to Sll,9S6.39 Ihe
real estate owned. by the deceased IS
valued as follows: No. 226 LackaWah-
ma avenue, $50, 900: No. 40 Lackawanna
avenue. $4,000: No. 42s Lackawanna
avenue, $4,000; No. 427 Lackawanna
avenue, $360O0; the Wyoming house,
s45S, 200; Nos 206 and 207 Penn avenue,
So, 900; land in Frederick county. Nlr-
ginia, S4,SOO; land in Mcdowell county,
West Virginia. $4,000.
The following deductions are to be
made from the amount of, the forego-
ing schedules: Mortgage on the wy
oming house since paid from proceeds
of life insurance policies, $4,000; cost of
vault In the cemetery at Winchester.
Va. $4,000; expenses of last sickness
including funeral expenses, $l,200; sun
dry bills with merchants. etc. $500.
The bequests made are appraised on
the principle of their present worth and
the tax on them Ia assessed per cent,
too. In order to yield Anna Hafey an
annuity of $1,000. the servant to whom
this beQuest was made, Mr.. Paine fig-
ures that she being As years old. her
expectancy is 20 years and to yield 200
every year for that length of time. $13.-
79S. "a would have to be now invested.
The total amount of her assessment Is
sos. .7S4. "A, which includes other bequests
made to her and the use Of the prem
ises, 42O Lackawanna avenue Her tax
will be 81, 1922.
Present Worth Of the Requests.
The city Of winchester which was
left $25O,OOO will have to pay $S.OI4.10 on
$161, ,49O which is the present worth or
the bequest The present worth of the
$50. 900 bequest to st. Patrick's Orphan
asylum is $32. .25S and the tax is $1,6l2.
The present worth of the $4,000 bequest
to the House of the Good Shepherd is
SIG. 129 and the tax is $S06.30. The pres
ent worth of the $1,000 to Mrs. Anna
Mayberry, Of Grand Rapids, Mich, Is
S4.75O and the tax is $237.50 The be-
quest of $1,000 to Mary Gertrude Camp
bell is assessed at 81 $3.50 and the tax
Is $S1.45.
The pupils whose tuition the deceased
was paying for at the time OF his
death and who were made beneficiaries
| in the will In the sum of $500 each upon
their graduation will have to pay tax as
follows: George F. Walden. $105: Eva
Bryerly, $50: Katie A. Foote. $77.5O; NJ.
| Estella LoOmis, $3.50: Eliza Ward, $15;
Margaret Connolly, $42.75.