Jasper County Democrat, Volume 12, Number 9, Rensselaer, Jasper County, 1 May 1909 — MRS. M’DONALD AND HER INCOME [ARTICLE]
MRS. M’DONALD AND HER INCOME
Trustees Accused by Widow of Politician. DEMAND FOR ACCOUNTING Woman Says She Has Had to Sell Her Jewelry Piece by Piece for the Last Six Months to Get Money for Her Dail Needs—Trustees, on the Other Hand, Say She Has Spent Over $60,000 for Pin Money Alone. Chicago, April 30. —There is trouble between Mrs. Dora McDonald, widow of Michael C. McDonald, the former gambling king, and his elder son Guyon the one side and the three trustees of the estate on the other. Mrs. McDonald declares that she has been deprived of an income from her late husband’s estate and that the trustees have withheld over $40,000 of the Income from the heirs. “I have been denied actual living expensed by the trustees of Mr. McDonald’s estate. For the last six months I have had to sell my jewelry, piece by piece, to get money for my dally needs,” said Mrs. McDonald. A demand that the accounts of the estate be thoroughly audited will be made by the widow and children of the deceased politician. According to figures in the hands of the heirs the valuation of the McDonald estate is $489,100. Before his death Mr. McDonald estimated the value of his property at $645,800. The rents alone on the property of the estate are said to amount to $41,866.44. The total Income to heirs, according to Guy McDonald, from Sept. 1, 1907, to Aug. 3, 1908, was $7,296.66. “Mrs. McDonald’s statements that we have deprived here of living expenses are false,” said the trustees; “She has spent over $60,000 for pin money alone. We have already paid eleven lawyers huge fees for her. She Is in debt to us instead of us being in debt to her.*’
