Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-06-25
WORTH MORE THAN S ,328,92S
Mrs. Colonel Holmes Makes Formal
Request Of Judge Hall to Dis.
charge Her as Guardian,
HAS BEEN A WISE ADMINISTRATOR
Marvellous Increase in Value Of Prop
erty During Eight Years Of
Splendidly Performed Trust

Only IS years OF age, and the owner
Of property valued at more than $780,
OOO-perhaps very much more, from
which an income Of more than $4,000
likely very much more per month is
received Is the position In which Miss
Louise Grace Emery Of this city finds
herself today. on July I, Judge Hail
will make a final order dlscharging the
guardian Of Miss Emery and turning
over the entire estate TO the young lady
herself The final report Of the guar
dian Mrs, Susan b. Emery Holmes, the
mother Of Miss Emery, has been filed In
the probate division OF the district
court together with the request that she
be discharged, and the matter will be
heard by Judge Hall on the date mem
toned above.
WHAT REPORT SHOWS.
The report Of the guardian contains
some very interesting matters. 1t shows
how the estate Of her ward has increas-
ed in value from a little more than
100000 to its present amazing figures
In the short space Of eight years II
shows that all the investments made
have been profitable ones. and that
more than per cent has been secured
on each one Mrs. Holmes was APP
pointed guardian OF the estate on July
If, 1896, and at that time the estate was
valued at sl63l79,51 Up to May 1, 1904,
on which date Miss Emery reached her
majority. ,hetotsl Income from the -.
tate amounted TO t675,Os3lt. The dis
bursements during that period incud-
ing the purchase Of property, etc,
amounted to 500, 1878
VALUE OF THE ESTATE.
The present value OF the estate is Civ
en- in the report as more than" ST.
| 32s, g2S.S5, an Increase In the eight years
| OF Sl.165,7i92S. For the past year the
total cash receipts from the estate
amounted to $47,76OS5, ana the dis
bursements for the same period
amounted to Sl43,415.93
GREAT APARTMENT HOUSES.
During the past few years large
amount Of money has been invested by
the guardian in real estate and In the
construction Of two costly apartment
houses, the Emery Holmes apartment
house on State and South Temple
streets and the Emery fats on state
and First streets The cost Of the FIRST
named piece OF property, together with
the building ~ given In the report at
S2lf 762il. and the cost Of the latter was
$lfS, 299,52.
OWNS BIG WARD SQUARE.
In addition to that Miss Emery Is the
owner Of the Eighteenth ward square
which was purchased Tor her by her
agent, j. s. Bransford, and upon which
the building Of an immense apartment
house is being considered, She Is also
the owner OF several other pieces OF un-
Improved real estate IN this city.
PHENOMENAL INCREASE.
While the investments made have
been phonomenally successful, the ma
tural increase IN the value OF the stocks
and bonds left the young lady by her
father has added thousands OF dollars
60 the value Of her estate The dlvi-
dends from those stocks have made II
possible for large and successful IN.
yestmcnts 10 be made, From her Silver
King stock 1900 shares, Miss Emery
has received an average Of 81 1888 pei
month in dividends for the past year
or more In addition 10 that stock che
Is the owner OF the following stocks and
bonds most Of which are dividend pay
ers.
BONDS AND STOCKS.
United States government bonds val
ued at 1880 Salt Lake county bonds
60 at $1,000 each; Plumas county Cal.
bonds, 80 at Sl.0O each. 60 Salt LAKE
| city Railway company bonds valued a
81 900 each. 200 shares OF u. G.. NJ.
stock: 23S shares Of Rocky Mountain
Bell Telephone company stock; ~
shares Of the DAILY Mining company
stock: 100 shares Of stock IN the stat,
Bank Of Utah, 100 shares OF stock In IN
Home Fire Insurance company: l0
shares OF the Consolidated Wagon 4
Machine company stock. and nv
shares Of stock In the Park city Ic
company,
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