The San Francisco call., 1896-12-30

sonal property, under protests, and sun
for the recovery of that money is yet pend
ing.
John w. Mackay and R. .v.Day were paid
as executors fees in full as per order OF the
Probate Court $3960 SO. Mr.. Mackay
waived his share in favor of Mr.. Dey.
During the time covered by the first re-
port a large amount was paid tc the heirs
on account of their inheritance and their
monthly allowances. Of this Mrs. The
resa A. Oelrichs took $240, ,460 on the 10th
of February, 1895, and Virginia Fair and
Charles L. Fair were granted their regular
allowances of $500 and $500 month re-
spectively.
The years report shows a decrease OF
assets on hand, the reduction being &C
counted for by the extraordinary outlays
required in settling with the heirs fo- GER
tain pressing claims. The trustees re-
ceived from the executors on August ~,
1894, the sum of SAT-, ,6S8 2S and on August
20, 1895, they had on hand 1854, ,054 IL.
Tha years disbursements Amounted to
1852, 756 Is.
The balance was reported to be invested
as follows: Notes of Pacific improvement
A. Oelrichs. $14, 1872; cash in American
Exchange National Bank OF New York,
$17, ,45O 81; cash in Nevada Bank of San
Francisco, $40, ,S79 "a; cash on hand,
1891 66.
The report for the year ending August
20, 1896, is in great part repetition of the
transactions of the previous year, with the
exception that Mrs. Oelrichs had in
creased her Indebtedness to the estate of
her mother, and that on October 80, 1895,
the Pine-street stable property was sold
to Walter S. Hobart for $11 600
the re pts for the year were $204, 119 SO,
and the expenditures for the same period
were $74. 691 80. These outlays included a
monthly allowance of $2500 to Virginia
Fair and $500 to Charles L. Fair. S. v.
Smith and Mrs. G. L. Smith borrowed
$50 900 from the estate.
The balance reported August 20, 1896, is
$483, ,482 16 showing gain of over $29,
600 for the year, invested as follows: Notes
of Pacific Development Company, 1886,
900; notes of Mrs. Oelrichs. $94.196; note
Of Mr.. and Mrs. Smith, $30,000; cash in
American Exchange Bank of New York,
S11, ,827 80; cash in Nevada Bank of San
Francisco, $10,93S 49,; cash on hand,
$3.50 II.
Mr.. Mackay's affidavit to this second
years account was taken in New York
City on the 7th day of the present month
and Mr.. Dey swore to his report on the
10Th inst.
Following the affidavit of Messrs.
Mackay and Dey in each case, that their
report is true and just in every particular,
is the following attestation by Mrs Oe,-
richs and Miss Fair, the years only diff
fering:
l declare that I have fully examined the
foregoing accounts OF the trustees of the
estate of Theresa Fair, deceased, running from
the Goth of August 1894, to the Goth of Au.
gust 1895, with the vouchers accompanying
the same. and am fully informed in relation
thereto; and l approve of, ratify and confirm
the said accounts being in all respects just
and true, and the expenditures and outlays
therein specified were properly made. And
consent to the settlement and allowance oi
said account, without notice being given OF
the time and place OF such settlement.
THERESA ANN OELRICHs,
VIRGINIA FAIR.
In all the management of the trust Mr..
Mackay mas left the active work to Mr..
Dey and has yielded to him all the emolu-
ments growing out of the trust. For the
two years ending in last August these
emoluments amounted to something like
$40 900.
Judge Coffey has fixed to-morroY as the
day for hearing the application to Sc title
the account, at which time all parties in
terested are invited TO be present.