Jasper County Democrat, Volume 16, Number 88, Rensselaer, Jasper County, 4 February 1914 — CALDWELL WILL CASE. [ARTICLE]

CALDWELL WILL CASE.

Another Melon Cut in Renton County Court Proceedings. In the case of E. C. Sumner *pd others vs. Grace D. Follansbe and others in the Benton county circuit! court, better known as the Caldwell! will case, the receivers, George Hart! and W.' C.Compton* have filed a petition asking that their bond be re-, duced from SIOO,OOO to $75,000 each. It was alleged that the amount of money which they 'handled did C justify so large a bond. The' t ordered the, amount of the bond reduced. year surety bonds were furnished and it was ■ suggested that as a matter of economy a personal bond should be given this year, and bonds for each of the receivers were approved! with the following sureties: George Hart, W. C. Compton, J. L. Dinwiddie, Lemuel Shipman and James Dowraan. The receivers, also filed their report showing that they were chargeable with a total of $25,439.13 and were entitled to credit aggregating $15,381.21. This report has since been amended to show the following allowances which were made by the court: W. C. Compton, services as receiver, $3,500; George Hart, services as receiver, $3,500; J. L. Dinwiddle, attorney’s fee, $1,000; E. G. Hall, attorney’s fee, $1,000; J. T. Sanderson, attorney’s fee, sl,000. In addition to this the report shows the receivers have on hand

50,000 bushels of corn and 25,000 bushels of oats. The service allowances amounted to 66 per cent, of the business transacted or, stated in another way, it cost ten thousand dollars to spend fifteen thousand dollars. Lemuel Shipman, one of the administrators of the estate, presented a petition asking that his bond be reduced from SIOO,OOO to $50,000, and the petition was granted. Mr. Shipman also filed a personal bond bearing the same names as those of the receivers. Mr. Shipman has not yet filed his report nor claim for services. Mrs. Grace D. Follansbe is joint receiver with Mr. Shipman. The court was not to rule on any of the questions regarding sale, of property which have been pending for some time. The defendants in the case are preparing their reply brief which will be filed in the supreme court the latter part of February, and it is possible the higher tribunal will announce a de- 1 cision in the matter during the summer.—Lafayette Courier.