Rensselaer Semi-Weekly Republican, Volume 38, Number 50, Rensselaer, Jasper County, 13 March 1906 — More McCoy Hearings Soon. [ARTICLE]

More McCoy Hearings Soon.

There will be several more McCoy eases heard by Referee Bowers, this month. One of-these is in reference to the matter of Tom’s exemption. All bankrupts in this state are allowed 8600 worth of their p roperty, as an exemption. Tom chose his from those urgent necessaries of life, Jerry’s Island, his gasoline launch, his gold watch, and lastly, but less urgently, his ward robe. His 8500 launch he wanted lumped off to him at SSO. His S2OO stop watch at $lO and his clothing at 815. From which it might be supposed that Tom’s once georgeous and unlimited outfit of tailor-made wearing apparrel had suddenly diminished down to one loud checked suit of hand-me-downs, which fit in the back like “de paper on de vail.” And it may yet be reduced to one suit of still louder goods if he don’t watch out. He also wanted his equity in Jerry’s Island at $525, which just made the S6OO. Why he forgot to knock oft’ a little more on the island or the clothes, so as to get a SIOO dog for 30 cents, and a S2OO gun for $2.25, was an unaccountable lapse on Tom’s part. It may be of interest to add here that the value which he wants this property set off to him now are vastly different from those he placed on them when the first inventory, was made. Then his clothes were figured at SIOO and his watch at the same figure, and the launch

at S4OO. There is also a difference of about SSOO in the value then placed on the equity in the island, and what Tom now wants it for. Trustee Chapman will ask to be shown before he lets Tom have all this stuff valuations, gardless of how badly Toni warns to use them in his (hunting) business. Two other cases to be heard this month grow out of dear old Bil Rinehart's long and successful career in the catlie business, the principal feature ol which consisted of milking— the McCoy estate, and which long lasting source of revenue he seems loth to admit has yet gone dry, After getting all the sweet milk and cream he could use for 20 years he is now not willing to leave even the clabber for the bank t depositors. One of these matter soon too be heard is where E. W. Bowen, of Delphi, wants to get a crack at all three of the estates, on a claim for $6,000 which he loaned to bustling Bill, and on which Mac and Tom were sureties; and the other, is a reminiscence ol Big Bill’s big business, in bis mind’s eye, down at Buffalo. This is claim for $5,900 due a bank there, and in which it is also hoped to get in against all the estates. It is not unlikely that both these claims will be decided adversely to the interests of the common creditors, for law and justice do not always run in the same track. Anyhow Mr. Chapman will make the best fight he can for the com mon creditors. ,