The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-07-17
DIVIDING ESTATE Of
JAS. EDWARD CALHOUN
$4,000 ACRES IN ABBEVILLE
COUNTY
INTERESTING CASE
Cau5ed By the Death of Augustine
T. Smythe, Who Has Been
Receiver
INTERESTING CASE

|
last Saturday nt chambers by Circuit
Jadsc +. Il. Gary. in whir., Il number
Of distinguished lawyers were heard,
writes Hugh Wilson In the Abbcyillc
Press and Banner.
Augustine r. SmytIic. senior, was
executor OF The estate or James I'd
ward Calhoun. including 1900 acres
oi land and the valuable Calhoun
Falls on Savannah river. II seems
that the property had bccn sold To an
organized company. Including all tile
| lcEutccs. except f.. B Calhoun and
Mrs. Granville Real. Years ago. on the
auVcc or their attorney, II. r., Gary.
Oh Abh:villc. they declined To enter in
10 the organization. and refused to
take stock in the company. which wiz;
capitalized at something like $275.OU
but IL orucr to bc accommodating they
consented to take IA mortgage for their
part OF The sum realized from the sale,
| namely: Il. B. Calhoun for So 900:
Mrs. Granville iicul. for $15GUO.
Ihe company WAS organized several
years ago, when the sale WAS made.
The rents Of the far rms have hCcn paid
on the interest account, which, WIS ut
eight per cent
Augustine r. Smythc died in Char
lesion few weeks ago.
ll:Y death Occasioucd the application
Tor the appointment OF another re-
ccivcr for the property. The import-
ince OF tho issue was such that II was
no trouble to find come one who was
willing 10 accept the responsibility.
Andrew =. Calhoun, OF New York
gave Of his willingness to take charge
or the property. and employed the law
firm OF C0thran, Dean & Cothran of
Grecnville. to present his claim for the
appointment. T!:os. p. Cotiran an
pcarcd before the judge.
u. l.. Abney and j. Fraser Lyon OF
Columbia represented E. B. Calhoun's
interest.
ID. IL. Hill. OF Abbcvillc, represented
Mrs. Granville Ecal.
Ernest Visunsku, Of Charleston.
represented the Calhoun Falls COM
And all tho lawyers in the case cx-
crcihcd their greatest power with
Judge Gary.
Augustine T. Smythc. junior, was
Dr. r. e. Harrison OF AEbpyille. had
no attorney in his behalf, but Judge
+. u. Gary, on his own motion. divided
tho honor and tho profit witt, his Gcl-
low townsmnn.
The court. upon hearing the attor-
noya. appointed +. Il. Harrison, of Alb
bev:llc. and Augustine Il. Smytlc. Jr.,
or Charleston, receivers of the Cal
holm Falls company, and they will
take care Of the best interests of nll
uht:l the court shall order tho prop
crty sold,
The case WAS referred to Master f..
=. Hill to examine and make report
to the court as to the law and the
facts.
The recelvership OF this large estate
Is quite good job, the profits or COLL
missions Of which will amount to
something like $4,000 or sl5.U00 or
two and half per cent for receiving &
and an additinnl two and half per
cent for paying out the money.
NO more wise or courageous re-
ccivers could have bccen found than
DR.. Harrison and Augustine ~.
Smythe.. Aud we think Judge Gary
dcservcs the thanks OF our people for
Hot ScHuinR 10 foreign pnFtS 10 secure
trusted agents for the valuable lands
In Ablevillo county. AS lawyer, f.
B. Gary was wise counsellor for his
clients. aud as q Judge Mr.. Gary acted
with tho same wisdom and discretion
| that hc exercise das lawyer years
uSo.
As II Is, his clients will get the full
amount of their money, some $50. .0o0.
| not counting interest. while the mt :
hers Of the organized company. nj
| tho lawyers get their money, will be
less fortunate,
But the great public Is not particu-
larly interested In cithcr the company
Or the Individual creditors, Public In
tcrcst is 10 be conserved by the i'm
provcments or developments Of tho
unsurpassed water power which Is
going TO waste.
II is to kc hoped that Master X. L.
Hill may he authorized by tho court
to make the sale when 1t takes place.
II so. he. like DIR. Harrison. will get n
nico fec. which rightly should come to
him. Such good fortune could como
to receiver and salesman but once In n
lifetime. and tho court and our lucky
ncishbOrs are to be congratulated.