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THE AUGUSTINE CO. 18600.12.96 <br />ancillary proceedings, covering real property there, and due to the further fact that the Federal <br />Estate Tax has been paid, but not finally audited; <br />THE COURT FURTHER FINDS that at the time of the approval of the First Report and Account Current, <br />there was allowed to said Administratrix on account of ordinary fees, the sum of 01,500600, which <br />has not been paid, and to Kenneth A.Davis, attorney for said petitioner, on account of ordinary <br />fees, the sum of $1,500.00, which, together with $200.00, included in said First Account Current, <br />represents the sum of $1700.00 in all allowed to said attorney on account of ordinary fees; and <br />that said s,.-ms have been paid; <br />THE COURT FURTHER FINDS that since the filing of the First Account Current it has been discovered <br />that Parcel 50 of the Inventory, listed as Certificate #4, for 423 shares of Two Twenty -Nine <br />Atlantic, Inc. was in point tenancy with said Administratrix as the widow of said decedent; and <br />that said stock has, therefore, been withdrawn from said estate; <br />THE COURT FTTRTHER FINDS that pursuant to order duly made and given herein, there has been paid <br />to said Administratrix as widow of said decedent, a family allowance in tle sum of $500.00 a month; <br />and that an order should be made at this time terminating said kllowance; <br />THE COURT FURTHT'R FINDS that the inheritance taxes have been paid in the sum of $1,484.05, chargeable <br />against the beneficiaries of said estate as follows: <br />Ida Schulz .........$1,484.05 <br />THE COURT FURTHER FINDS that the said William Schulz, Jr. died intestate in the City of Long Beach, <br />County of Los Angeles, State of California, on or about the 20th day of November, 1935, leaving <br />him surviving as next of kin and heirs, the following: <br />NAMES AGES RELATIONSHIP <br />IDA SCHULZ adult widow <br />LESTER A SCHULZ Adult son <br />AUDREY NIEMAN adult daughter <br />PHILLIP SCHULZ minor son <br />GEORGE Vi.SCHULZ adult son <br />THEODORE F.SC11ULZ, adult son <br />ADDRESSES <br />1098 E.16" St. Long Beach <br />California <br />1098 E. 16th St. Long Beach <br />California <br />1098 E. 16th Street, Long <br />Beach, California <br />1098 E. 16th Street, <br />Long Beach, California <br />1098 E. 16th Street, <br />Long Beach, California <br />Kenesaw, Nebraska <br />ETHEL McMCOMBS adult daughter 425 W. G Street, <br />Ontario, California <br />THE COURT FURTHER FINDS that said Phillip Schulz, son of said decedent, is a minor, and that <br />Ida Schulz has been appointed and now is the guardian of his estate; and that distribution hereunder <br />for the benefit of said Phillip Schulz should be made to Ida Schulz as Guardian of his estate; <br />THE COURT FURTHER FINDS that in order to facilitate distribution of this estatj and agreement for <br />distribution has been entered into by all of the beneficiaries hereunder except the said Phillip <br />Schulz; and that said agreement has been executed upon his behalf pursuant to Order of this Court <br />in the matter of his guardianship by Ida Schulz as Guardian of his estate; <br />THE COURT FTJRTHER FINDS that it is advisable and for the best interests of said estate and those <br />Interested therein that the specific items of property now held in said estate, and the sum of <br />$40,000.00 in cash, be distributed in accordance with said agreement at this time; <br />THE COURT FTTRTHER FINKS that pursuant to provisions of §586 of the Probate Code and the Bank Act <br />of the State of California, certain personal property and cash of said estate was deposited with <br />the Farmers and Merchants Trust Company of Long Beach, a corporation, as Depositary; and that by <br />process of liquidation and by release, the character of said personal property and the amount of <br />said cash has changed; and that at the present time there is on deposit with the said Trust Company <br />as such Depositary, the following: <br />A. Cash in the sum of $47,196.75 <br />B. Note dated April 28, 1934, principal $2,000.00 due 3 years after date, interest 6% quarterly, <br />made by May D.Goldie, secured by a trust deed to Peoples Escrow Corporation. <br />1 <br />1 <br />C <br />