The Providence news. (Providence [R.I.]) 1891-1906, 1903-04-27
Personal Property Of Montana
Mining Man Was s9,OOO,OOO
BIG CLAIMS IN THE C0ULTS
Federal Government Is Suing For 81 1885,.
600 and Former Partner Claims Mine
Owner Owed Him S25S,OOO.

,New York. April 27.-As nearly as can
be estimated. Marcus DAILY who died In
this city on November Il, l9OO left a for
tune Of more than 81, 10000. This consists
OF personal property both IN this city and
Montana, aggregating $3.50, ,63922. OF
which there Is net personal estate. IN
this city amounting To $l,45S43L2O. and
real estate, not in this state, OF a valua-
tion OF LAOS S35.42.
There has just been made an appraise-
ment OF the personal property IN this
city for the purpose OF fixing the tax to
be imposed upon 1t. IL has been shown
that the only personal property left by
Mr.. DAILY at the time OF his death was
money on deposit. with the exception OF
the leasehod OF the property No. 725 Fifth
avenue. where Mrs. DAILY now resides. He
had on deposit in the National City bank
one account amounting TO $l97995, and a
special account In the same institution for
81 l.300.51s. In addition To this there was on
deposit with Wells, Fargo x co. $Sl936,
and the value Of the leasehold OF the
Fifth avenue residence IS placed at 5000.
This makes gross personal estate in this
state amounting TO I,5S5,45l From this
there are deductions aggregating $l2I0li,
which leaves "A net personal estate here OF
the amount OF A.45S, ,437.
The special account in the National City
OF Sl,oUsOlb was Oltlto "A lew Gay :
before the death OF Mr. DAILY and when ne
was so III as 10 be unable TO sign his
name. IL was made In the form Of the de-
post OF a check OF William Rockefeller.
for money which he owed To Mr.. Daily for
transactions I'm which both were interest
ed. 1t was Mr. Days intention 10 have
used this money primarily I'm the purchase
OF stock OF the Amagamated Copper
company, OF which he owned at the time
he died $500 shares. The other account I'm
the Nationail City bank was from diyi-
dends paid upon shares which Mr.. DAILY
held In the copper company.
There are claims pending against the es-
tate OF Mr.. DAILY amounting TO more than
100000. One of these is In an action
brought by the United States against the
estate in Montana 20 recover 81, ,3G5 90 for
trespass on government lands and the
conversion OF timber removed from II.
Another is an unsettled claim OF i. j.
Shields for S25s 900. Mr. Shields insists that
he was a partner with Mr.. DAILY in n coal
mine and also some mercantile enterprise.
There is also an action pending In Mon
tana brought by John II. Maloney and
others 10 recover So, 900 from the estate.
Mr.. DAILY did not leave any real proper
~ I'm this state. There has been paid a
United States government tax Of $l3l 407
upon the personal estate in Montana, and
n state tax there OF SS6,2SO. The amount OF
the tax here has not yet been determined.
Mr.. Days entire estate, under his will,
was bequeathed TO his widow, Margaret
J.. DAILY, who received one-tEird, and his
four children. Margaret DAILY Brown,
Mary DAILY Gerard. wife OF James w. Ger
ard: Marcus DAILY, Jr., and Harriet III.
DAILY, each Of whom received one-slXth.
The Will was probated In Deer Lodge
county, Mont, Mr.. DAILY having been a
resident Of Anaconda, Mont.