007-688 - Laserfiche WebLink

Browse

1000 WILL AND DECREE RECORIV THE AUGUSTINE CO. 18800.1$•88 mination and allowance of claims, that a time and place has been fixed for the filing of claims against said estate, and due notice given as requred by law. That said time has fully elapsed, that all claims filed and allowed have been paid in full and all debts, demands and claims against the estate, of every kind and character, have been fully paid, including expense of administration and income taxes. That the said Executor had on hands at the time of the filing of said final account the sum of $2149.67 in cash, and that since the said date he has paid claim of John Goettsche $2.55, widow's allowance $75.00, expense of auditing accounts $70.95, and additional income tax as fixed and determined by the Collector of Internal Revenue, in the sum of $175.21, and there now remains for distribution the sum of $1826.06. That the Executor also holds and retains an undivided one -fifth interest belonging to the said estate in the accounts and bills receivable of the partner- ship of McGrath & Woodruff, the collection of which cannot be made at this time, and which interest in said accounts and bills receivable should be assigned and distributed under the terms of the last will and testament aforesaid. The Court further finds that the said decedent died seized of the following described real estate, to -wit: All of the Northwest Quarter of the southeast Quarter (NWJ SEJ), the North Aalf of the South- west Quarter (NJ SWJ), and all of that part of the Southeast Quarter of the Southwest Quarter (SEiSA) of Section 14 in Township 11, North,Range 9, lying north of the Chicago, Burlington & Quincy Railroad as it is now constructed and running through said land, excepting a strip of ground 100 feet wide across the North Half of the Southwest Quarter of said Section, being 50 feet wide on each side of the center line of the railroad of the Chicago, Burlington & Quincy Railroad as same is now located and constructed upon the North Half of the Southwest Quarter of said section, excepting also a strip of ground commencing at a point two rods South of the Northwest corner of the Southwest Quarter of said section, running thence North two rods to the Northwest corner of the Southwest Quarter of said section, thence East BO rods to the Northeast corner of the Northwest Quarter of the Southwest Quarter of said Section, thence in a Westerly direction to the place of beginning, the same being a triangular tract of land 80 rods on the North by 2 rods on the West and containing one -half acre, in Hall County, Nebraska, All of that part of the Southeast Quarter of the Southwest Quarter (SEJSWJ) of Section 14, which lies south of the right -of -way of the Chicago, Burlington & Quincy Railroad-Company, containing 27 acres, more or less, and being bound on the north by the right -of -way of said Railroad Company, in Hall County, Nebraska, The West 41.5 feet of Lot 6, Block 15, Russel Wheeler's Addition to Grand Island,Hall County, Nebraska. Lot 7, Block 127, Union Pacific Railroad Company's Second Addition to Grand Island,Hall County, The Court further finds that the said Benjamin R.McGrath departed this life on November 18, 1940, being then a resident and inhabitant of Hall County, Nebraska, and leaving a last will and testament which has been duly admitted to probate herein, that by the terms of the said last will and testament the said real estate was devised to Dessie P.McGrath so long as she should remain the widow of the said testator and unmarried, with remainder thereafter to the children of the said Benjamin R.McGrath, in equal undivided shares, to -wit: William M.McGrath, of Grand Island,Nebraska Esther' L. Flanigan, of Grand Island,Nebraska. Benjamin R.McGrath, of Denver, Colorado. James R.McGrath, of Grand Island,Nebraska Harvey C.MeGrath, of Grand Island,Nebraska. The Court further finds that the personal property belonging to the said decedent was by said last will and testament bequeathed to the said William M.McGrath, as trustee, during the life of the said Dessie P.McGrath and so long as she should remain the widow of said Benjamin R.McGrath and unmarried, and subject to the other terms and conditions provided in said last will and testament, to invest and re- invest the said personal property and pay the net income therefrom to the said Dessie P.McGrath during such period. That the said last will and testament further provided that in case of the re- marriage of the said Dessie P.McGrath her use and benefit of the real estate aforesaid and of the income from said personal property should immediately terminate, and in that event she should receive an undivided one- fourth interest in and to all of the said estate, both real and personal, The Court further finds that no part of the said estate is subject to the payment of Inheri- Lance or Estate Taxes.