The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1912-08-28

N"'SaoH VI HVe per centum each
year.
1t is to be hoped that the increased
rents OF the present year 1912, with
no extraordinary expenses attached,
will enable the Executors to make a
substantial start for the accom-
plishment of the object Of Mr.. Tuom-
ey's will in acclmulating the sum If
$25.O0O wherewith to erect the hos
pital.
The rent of the Manning avenue
farm amounted to some 5000 or s4OO
and during the life time of the testa-
tors widow. to wit: In the year 1907,
she applied to the Court Of Common
Pleas In suit against the Executors
of her husbands will, for permission
to sell the Manning Avenue farm for
the sum Of $4,000 and to invest the
proceeds of sale In good and safe Sc
curities at eight per centum per an.
mum interest, thus yielding to the life
tenant a very much increased income
per annum beyond the previous rent
al value Of this property. At the No
venlber term. 1907, Judge Prince pre-
siding. made Decree authorizing the
sale Of the Manning Avenue farm
for the aforesaid price and directed
that the corpus, or principal. should
be Invested In good and safe securi-
ties and that the annual interest
thereon should be paid to the testa-
tors widow during her liYe time but
that the principal sum should be
Kept and preserved by the Execu-
tors as permanent endowment for
the uses Of the hospital.
The Executors were required to ex-
scute bond in the penal sum of $780,
900 conditioned for the faithful dis
charge Of their duties as to this fund.
Mrs. Iuomey received the interest up
on this investment until the time of
her death, and the Executors have no
authority to use the corpus in erect
ing the proposed building.
All monies that have been receiv-
ed have passed into the hands OF Mr..
O'Donnell. acting Treasurer, and all
securities upon these investments
are likewise in his personal custody.
Second: Mrs. Ella Tuomey, widow
OF the testator, died on November 23,
1910, leaving Of force her last will
and testament. and appointed r. d.
Lee. ESQ.,. sole Executor thereof.
BY the terms Of her will, she be-
queathed the sum Of $4,000 as a sup
Elementary fund to aid in carrying
out the benevolent object provided for
In her deceased husbands will. The
testatrix Well knew that she did not
nave sufficient available means
wherewlth 10 meet this bequest and
she therefore provided IN her via
mat her Executor should stand scizeu
and possessed OF the Tucmey block in
ihe City OF Sumter aEd cDilec, the an
naal \rents accruing therefrom until
her bequest should be fully satisfied.
Her Executor Is carrying out this pro-
vision at the rate of about $4,000 per
annum; and. including what funds the
testatrix left on hand. after paying
numerous other personal ard chari-
table bequests. has paid over into the
hands of Mr.. O'Donnell, ur to this
time. the sum of $3.50 There re-
mains. therefore. to satisfy this be-
quest, for the building Of the hos
pital. balance of $4,000, with per-
haps some interest.
Negotiations are now pending with
her devisee, to wit: her nephew, L.
Arthur ONeill, Jr.. who will become
the owner Of the Tuomey block upon
the payment in fr;i of this beauest.
whereby 1t is hoped that he will be
willing to raise this balance Of $4,000
and interest and thus satisfy, in full,
her bequest of $4,000.
The wills Of Mr.. Tuomey and of
Mrs. Tuomey, containing the above
provisions. are on file in the office of
the Judge of Probate. where all par
ties interested may consult the same.
The legal proceedings whereby Judge
Manning Avenue farm are enrolled in
the office of the Clerk Of Court Of
Common Pleas and may likewise be
inspected. The annual returns Of
Mr.. O'Donnell the active Executor
or the estate of T. J. Tuomey, are un-
der oath and are fled in the Office of
the Judge Of Probate, and the an
nual returns of Mr.. Lee, as EXecu-