The Independent. [volume] (Honolulu, H.I.) 1895-1905, 1900-03-21
Masters Report in the widemann
Estate.

6ELHt0,
The Master, Henry Smith, has fled
his report on the first aud final &C.
count Of the executors OF the estate
of the late II. A. Widemann, filed
December z, 1899, recommending
that the same be approved and the
executors discharged. Following is
the report:
Having carefully examined the
various schedules Of account, check
ed the vouchers and found them
correct, l recommend that the same
be approved aud the executors dis
charged, thus closing the admins
tration and opening new accounts
by the trustees, who, in this case,
are the same persons, namely, II. Il.
Mscfarlane, F. w. Macfarlane and
j. NJ. Dowsett. By special arrange
ment between themselves Mr.. F. w.
Macfarlane is the managing trustee.
'The charge by the executors for
their commissions is inclusive OF the
anticipated payment OF the balance
both principal aud income, the COM
putation upon which is fonnd correct.
THE master was much assisted in
his examination and audit OF the &C.
counts by the expeditions manner in
which they were presented. For in
stance, l found careful separation
OF income from capital account, and
like separation of the administra-
tion expenses from estate debts; the
actual balance OF income therefore
is seen at a glance after paying
administration expenses aud allow
ances to the widow on annuity ac-
count.
Estate debts are charged to prin-
cipal and administration and widows
allowance are charged to income.
In this connection report the total
sum paid the widow was $5139 81,
her annual allowance being $4,000.
There is of course some balance due
her or to her estate from the time
Of closing these accounts up to the
day OF her death.
ITO obtain their discharge the
executors should procure receipts
from the trustees for the balance of
principal to be handed over and
from the nine children for the bal
ance OF the income to be- paid them
in equal shares after paying what
balance there is still due the widow.
[ suggest that statement be filed
showing the method OF settlement
of the income balance. Only the
principal balance should be carried
forward, not the income balance
which must be distributed. The in
come balance is $7O9S 33, and the
capital to 60 forward is the sum of
1923, 267 "a. In this connection re-
port that the testator has ordained
that out of the share Of the income
to be paid to Carl Widemanp, the
trustees are directed to discharge
the claim which the Waianae Com
pany may have against said Carl
Widemann. This share therefore
must be separated from the rest and
to be made special account of un-
til application of the same by and
with the mutual assent of the said
Carl Widemann.
"Since the fling of these accounts
an event has happened which will
change future accountings of the
funds OF this estate, namely, the
death of the widow Mary Kaumana
Widemann on the 25th OF December
last, which sad event occurred while
she was on visit to relatives in the
city of San Francisco, Cal. Ia this
connection l report that owing to
such death it is ordained in the will
that certain requests amounting to
somewhere in the neighborhood Of
$4,000 be made by the trustees, moi
only to the children but the grand.
children as we'll. The master is
oivan IN understa and that n 20 thr