The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1904-07-28
Many Smaller Properties.

In addition TO these main items the
appraiser found about seventy other diff
ferent properties OF smaller value. Some
OF them are;
Interest in firm Of p. Mognehan &
Co, 81, 900; Life Insurance. $31 $50: Ma
tionaI tuei COMPANY, Ssl,so0' In bonds
and shares Matawok Land Company.
~ 500; st. Nicholas Skating and Ice
Company s. $50; Coney Island Jockey
CUB, S4.O25; Metropolitan Magazine
Company, SO, 900; Nassau County Bank,
Sl.OJO: Cuba Railroad Company. $500
metropolitan Opera and Real Estate
Company. 500 goo; San Vincente Cattle
Company. 1891: National Horse Show
Association. 200; Saratoga Athletic As
ISOLATION. $4,000; United States Trust
ana Guarantee Corporation. par and
bonds, &c, 49.S0 Industrial Trust Com
pany Of Providence. S26, 900; Public Ser
vice Corporation. in par value and
bonds. so no; Fifth Avenue Trust Com
pany. $4,000; Racquette Lake Railroad
Company, 5000; Racquette Lake Trans
portatiol Company. at 5 per cent. S12 90:
international Cigar Machine Company
Sn,u2G 50; chihuahua Mining Company
$4,000: Westchester Racing Association
$50. 900; Press Club Mortgage, $500;
Aiken Club, bond. s. coo; Metropolitan
Club H4 700: Chamber Of Commerce
500; Meadow Brook Club. 1850; New
York Transportation Company, SIS. 72l. e;
Riogonche Salron Club. $1,000; Camp
Harmony. Sl2.5OO; PallaohoOla Club. 3I9,-
800 promlssory notes, S9S. 40; equity in
0.Uz
in Strong, Sturgis & Co, S1lS.747
Among the furniture fixtures, and
other personal property scheduled were
these: Contents OF residence. ST. Fifth
Avenue (sold 10 Mr.. SMITH, 500. 900: sill
Verwore and silver plate, S12 800; per-
sonal property at Aiken. s. c., SO 600; Il
LenoX October Mountain). 5000; al
Westbury. 81. 29S; private car. SIS, 900; au-
tomobiles. $40 900; wines. Ssi .z52; linen.
so.OD' picture (RaphaeD $1,000; carriage
horses and carriages 5000.
The exact amount OF the total value
Of the estate is so, aOs 222. IS. but from
TINS amount IS deducted 81, 672. 121 So !
which represents various debts incurred |
by Mr.. Whitney and the estate, leaving |
10 tax.
Tax AppoTtionment on Heirs.
The apportionment OF the inheritance
tax upon the heirs is as follows:
Legacy TO Adelaide Randolph. stem
daughter. $4,000 cash value OF prop |
erty is taxed S125O0.
Legacy 10 Arthur Bertram. stepson |
the same.
Legacy to Beatrice Bend. not related. |
value S39, 4A.44, tax 81 g72 %
Provision for support during ninor /
ity Of Dorothy Whitney, daughter 1
value $l97. p. tax s, g72. %
Fiye-tenths OF the residuary estate |
70 Harry Payne Whitney. as executor
for the benefit OF himself, or In case or /
his death TO Flora Payne Whitney. both
granddaughters. and Cornelius Wander /
bit Whitney, grandson, SlO.24S, III. .. /
with tax AZ S102 4S7l7; One-tenth resld- /
uary estate to Harry Payne Whitney
as executor for the benefit Of Pauline |
=. Paget daughter. and In case OF |
her death to Olive Paget. granddaugh- /
ter, s., 04S. 1894. tax SO 4S7I3
One-tenth OF the residuary estate 70 |
Harry Payne Whitney as executor for /
the benefit or Payne Whitney. the son. /
and IA case Of death for the benefit Of /
Joan Whitney. granddaughter 8, O4s. /
as. u. tax so. 1913.
Ihree-tenths Of the residuary estate 10 /
Harry Payne Whitney for the benefit |
OF Dorothy Whitney. as daughter. and
n case Of death to her surviving issue.
$6,lis. 2SDSS tax SCI. 1920.
Paid Tax by Check.
Harry Payne Whitney, as executor or
the estate. gave a check 70 the State
comptroller through the office Of the
surrogate OF Nassau county. Judge Rob
ert SeabuTy, yesterday for S222 222. 81 70
pay the inheritance tax according TO the
assessment as made by tine appraiser.
hose who have been engaged in maxi
ing examinations OF the properties Of
The estate with Mr.. Harry Payne Whit
ney assert that ne has shown marked
ability In dealing with business affairs.
They recall the letter Of the late Mr..
" hitney announcing HIS retirement from
the metropolitan Street Railway and
other corporations. IN which ne said: |
One BY one / have been pulling out /
OF these corporations and my son, Harry !
Payne. has been elected 4 director IN
my place. / have had my son around
me good deal in the last two or three Il
years OF my work IN street railways |
and he is well acquainted with any du-
ties that may have fallen TO me-" A
There was some comment at Mineola N
yesterday that the assessment OF Mr.. 4
Whitney's estate does not show him 20
have been leading holder OF Metro
politan Street Railway Securities IL Is
explained by those that know that Mr.
Whitney withdrew from the MetropOli-
tan Street Railway several years ago,
perhaps IN 1892 when he ammo Lnced that
he was going 10 retire from business. u