Rensselaer Semi-Weekly Republican, Volume 38, Number 87, Rensselaer, Jasper County, 27 July 1906 — RINEHART CLAIMS ALL DISMISSED. [ARTICLE]

RINEHART CLAIMS ALL DISMISSED.

Good work was done at Hammond Monday, in the way,of clearing|np pending litigation in the McCoy estates. This was the result iu a large measure, of a strong spirit of compromise show by W. A. Rinehart, who had charge ol the claims under consideration. As agreed to by him, the following claims were entirely dismissed: Rinehart’s own claims lor SI,OOO for services as assignee.

Mrs. Rinehart’s claims of $13,500 rental of the McCoysburg land; of $7,000 alleged to have been overpaid to her father when she bought bis half of said land, and the two claims for taxes paid, aggregating about $1,500 and Mr. Rinehart’s claim of* $2,000 against Tom’s estate alone, making in all a total of claims dismissed of $25,00ft

The following other matters set for Monday, were continued for further efforts at settlement: A claim of Mary E. Busey for $3,062 on a note given to A. T. Bowen and signed by Mrs, Rinehart as principal and Mr. Rinehart and Uncle Mac as sureties, and assigned to Mrs. Busey. A note for $4,669.20, given ;by Uncle Mac to Mrs. Rinehart, and growing out of the of part of the McCoysburg land to McDonald, and assigned to A. T. Bowen. A note of $4,665 by Rinehart to Tom and also assigned the same Bowen. Mr. Rinehart also agreed, and evidently in good faith, to try and effect such an arrangement [with the holders of these claims that they also will be dismissed, without cost to the bankrapt estates. In consideration of their dismissing the individual Rinehart claims of $25,000, Trustee Chapman agreed not to press the suit against Mrs. Rinehart for improvements on the McCoysburg lands. And in case Rinehart succeeds in effecting the hoped jfor settlement and dismissal of the Bowen claims as above listed, the Trustee agrees further that he will dismiss a cross-complaint on a vendor’s now pending by change of venue in the White circuit court. This grows out of the fact that when the second half at the McCoysburgs land was sold to Mrs. Rinehart the 'consideration stated in the [deed was $46,000, whereas the A. McCoy estate received only $37,000, and the crosscomplaint is for the $9,000 difference. The Rineharts claim that $37,000 was really the amount paid for the land. There are still certain other claims pending against the estates and which Mr. Rinehart has also p romised to try to have settled and dismissed without cost to the Trustee.