Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-09-02
LUCKY BALDWIN
ADMINISTRATOR
LOCAL VISITOR
CONTINUED from page onel

Continued from page onel
sen the Hawaiian Islands as an ideal
place to. spend short vacation
Although the Baldwin estate is en-
tirely settled, Mr.. Bnruh will still
be affiliated with it in the capacity
of manager of one half Of the portion
held by Mrs. G.. b. Stocker, daughter
Of baldwin. who now resides in the
suburbs or Les Angeles. He will re-
main In Honolulu just a short time,
expecting to leave for the coast next
week. This is his first visit to Homo
lulu, and from opinions which he ex-
pressed this morning. 1t is evident
that he will leave the city most
enthusiastic booster.
During the five years which Mr.. I'm
ITuh has been manager of the Baldwin
estate. litigation of many kinds
brought by various claimants to a
part of the great Baldwin property,
we're met and disposed Of Mr.. I'm
rub was beset with all kinds ofNdiffi-
culties debts, lawsuits, etc. Since
bis appointment as administrator, the
estate has more than doubled in value,
and is otherwise in a most satisfac-
tory condition. The appraisal four
years ago estimated the value of the
real estate at $10,6i2 .025.61: personal
property at Tallac, $2S.75S.1S; person
al property In the form of notes and
mortgages, S92 ,230.Ii; other personal
property, s197, 7S7.72. Total. $10,930,-
S01.62. The items presented for dis
tribution April "a, 1913, are as fol-
lows: Cash. $445, 0S0.41; real estate
a. original appraised value, $4,352,-
aS4.52; MORTGAGES paying per cent
interes' So 73e.So7. 03; personal prop
erty, $75.s4212; miscellaneous stocks
mortgages and nots S. S42,546.64 &C.
counts due estate, $51,415.s5; real es-
tates sales In escrow. s14,015; inter-
est ACCRUED and not paid, SCI, 553.S2
Total. $s,7SO,644S9.
TIE actual value of the real estate
today is estimated at fully $4,000 900
more than the original appraisal, so
that toe two heirs, Mrs. Clara Rald-
win Stocker and Mrs. Anita Baldwin
McClaughry, received approximately
$4,000, COO each in addition 10 more
than $2,000,000, which was turned over
to each of them by the administrator.
The Mushet Auditing Company has
been working for more. than year
on the reports, which are. in six vol
umes and contain 100 large, closely
typewriter pages. Two volumes Of
900 pages each were devoted to the
first and final accounts, while one
volume of 200 pages deals exclusively
with an index or record Of all docu-
ments, sales, deeds and other transac-
tions. The first. second and third
supplementary reports bring The. ac-
counting up to- data One more vol
ume has been oBmbIIsl that covering
transactions from the date tie estate
was closed to the date when the dis
.tribution was actually accomplished.
In accordance with an agreement
made with the heirs the court award
ed Mr.; Unruh and his attorney $780,.
900 each as their fees for the work
The naming of the amounts came as a
surprise to many. as it had been gem
orally believed that the total fee
would not be less than 100000. In
ordering the distribution OF the estate,
Judge Rivers said:
Il want to say before we finish with
the Baldwin case that / think the
management Of that case should stand
as an everlasting monument to the
business sagacity of Mr.. Unruh and
his attorney, Bradner w. Lee. / have
watched them from the commence
ment of it. They were beset with all
kinds of difficulties, and think that
lit is most wonderful thing that, at
the expiration of period of years, he
is turning over now an Inheritance
that is worth at least twice as much
as it was when he took charge of it =
In telling of the affairs of the es-
tate this morning, Mr. Unruh spoke
but sparingly with regard to the part
which he played in the handling and
settling of it. He confesses that, af-
ter five years of work, he felt more
than glad to be able to break away
from his business and take vacation.
And / do not believe that | could
have chosen a better place than Ho-
nolulu," he said.