The Lamar register., 1907-01-16
CLOSING ESTATE
ACTION or EXECUTORS OF W. 8.
STATIONS WILL.
LEGACiEs ARE NOT YET PAID

Want to Close the Estate and Turn II
over to Trustees Of the w. s. STRAIT
ton Home-Inventory Reports Over
Five Million Five Hundred Thou
sand Dollars Assets.
Colorado Springs.-Tyson S. Dimes
of Denver and DIR. d. II. Rice and
Carl S. Chamberlain of this city. e1-
ecutors of the Stratton estate. hled
their annual report with Judge Kerr
of the probate court Friday. The bal
ance on hand Jan. l. 1906. was Vs.
97O.12. This, together with the collec-
lions for the year. made total reve-
nue. for the year OF 1896. 140.S5. There
was paid out $342. 1874. leaving bal
ance on hand Dec. 81. 1906, OF $780,
943.44. or $78,973.32 more than the
cash balance a year ago.
OF more than passing Significance
is the petition prepared by the execu-
tors. which will be filed with Judge
Kerr shortly. The petition requests
permission to pay $475.OOO in legacies
to relatives, friends and institutions.
as provided in the will of the late w.
S. Stratton, less $13 ,335.68. state In
heritance tax thereon. No legacies
have been paid except the compromise
sum to l. Harry Stratton. aggregatins
$3.50, 900, which was authorized by the
court.
Following are the legacies which
the executors desire to pay:
Jennie S. Cobb sister. $4,000
Earl W. Hamlin. nephew $1,000
Harry b. Hamlin. nephew 5O.OOD
Mary Cobb Smith. niece ... 50,0Oj
Lillian S. Cobb. niece .....-.... 5O.Ool
Elma Pearl Chamberlain. niece. $4,000
Clair b. Balback, niece. ....... 5000
Carl & Chamberlin. nephew $4,000
Byron C. Logan. no relation " 10000
Trustees of the institute for the
education of the mute and
blind :. NEUTRALITY-SUSPICIOUS.. EQUIV
Total ...-........---.-. .%f5o'VVo
The executors desire to close the es-
tate and turn the affairs over to the
trustees of the projected Myron STRAIT
ton home. and the payment to the
various beneficiaries is the first step
thereof
In the petition the executors point
out that litigation exceeding $2o.0OO.-
900 has been settled with the expendi-
ture of approximately 81, 100000. This
sum includes legal expenses. etc. The
only cases unsettled are those of Il. A.
Meredith for $77.60O. pending an APP
peal by Meredith in the Supreme
Court; Popejoy, for one-half the value
of the estate, dismissed by District
Court plaintiff filing bill OF excep-
tons; Diltz ct al. $4,000. now pend
ing in District Court. and United
States vs.. the estate, $4,SS5. pending
in United States Court of Appeals.
In the petition the executors give the
bulk of the estate as values. emitting
Cash in bank. Dec. 81. 1906. .$l5S.943H
The Colorado Springs
& Interurban Rail-
way Company:
$50 bonds ...... $3.50. 100000
S 900 pref shares. 5O0,000.00
1896 com. shares, 49.ssO.OO
The International Realty
Company. 1896 shares
at $3.50. .............-.. l.3so'ooo'oo
The Stratton C. C. NJ. a. ID.
Company. 1899. 800 shs., .275 10000
The Portland Gold Mining
Company, 504,333 shares ...
at $li0 .............-..- Oo.Voozo
Brown Palace hotel mort
gage decree .-....-...... 625'3333z
Total .............s5 .53s. 3229G
The executors announces that since
the death of the late w. s. Stratton
(Sept. IA. 1902. they have purchased
from the income of the estate $350.-
900 in bonds of the Colorado Springs
e. Interurban Railway Company. the
same now being part of the estates
assets. The estate Is in better Imam
cial condition than when 1t came into
the hands of the executors. according
to their petition. The assets are hve
times greater than any probable ia
bility.
In this connection. IL is mentioned
that the executors offered to the
county treasurer of Ell Paso county
the sum of $269. 92s.G5 for state inner
itance tax. in addition to sl3,335.6S tax
on Iegacies, both amounts being re-
fused.
The principal items comprising the
revenues for the year include the divi-
dends and interest on bonds paid by
the Colorado Springs Interurban
Railway Company. s67 800; Portland
dividends. Sis .90G.59; dividends by tho
Stratton-Crlpple Creek Mining and
Development Company. s39.996. and
dividends by the International Realty
Company. slI $685. The largest dis
bursements were 100000 for the pur-
chase of Colorado Springs g. lnterur-
ban Railway Company bonds and
800. 900 in payment to the lnterna-
tionaI Realty Company of a loan to tina
Stratton estate April Z. 1903.
Long Distance Balloon Race.