The Dolores star., 1906-01-12
'STRATTON COLD.
LARGE GAIN IN ESTATE OF DEAD
MILLIONAIRE.
GIG PROFITS ON PROPERTY

Report Of Trustees Shows Growing
Fund for stratton Home-Many
Lawyers Well Paid-litigation De-
lays Work.
Colorado Springs.-The annual re-
port OF the Stratton estate from Jan
uary 1, 1905 to January 1, 1906, has
been filed with the clerk of the County
Court. The total receipts for the year
were $344,77L56. less last years cash
balance of s40.444.73. The total ex-
penditures were s26e. .s01 A, leaving a
balance on hand of $74,S70.12.
The most important item in the re-
port was that corroborating the report
published this morning that the
| Stratton-Cripple Creek Mining & De-
velopment Company, on December
30th. declared a dividend OF $4,000.
The rate was 2R mills on the issued
capital stock of 20.000,000 shares. the
| estate receiving $49.99S on its hold
| ings of 1899 200 shares. The direc-
tors of the company personally hold
the remaining 500 shares.
Various attorneys of the state re-
ceived large sums for legal services.
| The following amounts were paid to
the respective attorneys: T. M. Pat
terson, E. z. Whitfield and c. ].
Hughes. all of Denver 800 each;
]. b. Bissell, Denver. $3.50; L. NJ
| Goddard, Denver, S6,250; l. N.
Stevens of Pueblo received $4,000.
McAllister e. Candy of this city re-
ceived $4,000, and w. S. Morris of
this city $1,000.
| In addition there was paid during
the past year the sum of $3,45l.6l,
eight per cent interest on the balances
due the attorneys, from July IL, 1904,
to January 16, 1905.
| OF the receipts there were two divi-
dends of $4,000 from the Colorado
Springs & Interurban Railway Com
pany, in addition to two payments OF
interest of s12,500 each on the $780,
900 worth of bonds held by the estate
The Portland Gold Mining Company
paid the estate in four dividends the
sum of s1S1, ,559.SS, on the 5O5,3o3
shares held by the estate. The Aca-
cia Gold Mining Company paid s1.210
in dividends to the estate, and the Dill
lon company paid two dividends OF
$3.50 and $500 respectively. Strattons
independence Company, limited, paid
on the 100 shares held by the estate
two dividends of s11.54 and S11.55 re-
spectively Minor receipts in rents,
interest, etc, comprised the remainder
| of the revenue during the year.
OF the s269, SOL "A expended, $3.50, 900
was spent in purchasing from the Ex-
change National Bank of this city $50
81, 900 bonds of the Colorado Springs &
Interurban Railway Company. The
sum of $1,000 was expended in settling
the claim of ]. B. Belford of Denver,
who secured judgment of $4,000 and
costs in the District Court for legal
services to the late w. S. Stratton.
This was the only lawsuit settled by
the executors.
In addition to the $S2,5O0 paid in
balances due legal advisers and the
$3,451.61 interest thereon. the largest
remaining expenditure was that of $12,-
900 as premiums to four bonding COM
panies which are sureties for the three
executors, D. H. Rice and C. S. Cham
berlain of this city, and Tyson S. Dimes
of Denver Mr.. Chamberlain also drew
$4,000 on account of executors fees.
Minor claims which had been approved
by the court, salaries and other miscel-
laneous expenses comprised the re-
mainder Of the report.
No information can be secured re-
garding the erection of the Myron
Stratton Home, which was planned by
the late W. s. Stratton, and to build
which he left the bulk of the vast es-
tate. Certain litigation pending must
be cleared away and the estate then
will be gradually transformed into
cash, before the construction of the
home is begun.