The Allen House eBook

Timothy Shay Arthur
This eBook from the Gutenberg Project consists of approximately 282 pages of information about The Allen House.

The Allen House eBook

Timothy Shay Arthur
This eBook from the Gutenberg Project consists of approximately 282 pages of information about The Allen House.

“I pray that it may be so in this case,” said Constance.  “But from what I saw to-day, my fears are on the other side.”

In the mean time we were taking such steps as the responsibility of our position required, towards getting possession of the property, which, under the will of Captain Allen, must come into our hands.  My co-executor, Mr. James Wilkinson, a merchant of S——­, was for adopting the most summary proceedings.  He was annoyed at the questions, doubts, and delays which Judge Bigelow and Squire Floyd permitted to intervene; and more especially by the intermeddling of Dewey, towards whom, from some cause, he entertained hostile feeling.

As a matter of course, we were guided in all our movements by Mr. Wallingford.  At the earliest term of court, we brought forward the claim of Mrs. Wallingford, under the last will and testament of her uncle.  A feeble effort was made to throw doubt upon the genuineness of the document; but the oath of the witnesses to the signature of Captain Alien settled the question beyond the reach of cavil, and the executors under the first will were ordered to transfer, by a certain date, all property belonging to the estate into our hands.

I saw plainly enough, from the beginning, that the idea of giving an account of their stewardship was not an agreeable one to either of the executors under the old will.  The direction which the property must take was one that would not admit of any holding back or covering up on their part.  They would be required to exhibit clean hands.

The property clearly shown as having passed into their possession, was the old mansion and valuable grounds, which had been sold, under an order of the court, at a heavy sacrifice—­bringing only thirty-five thousand dollars, instead of sixty thousand, its real value—­and the proceeds re-invested.  Then there was other town property worth twenty thousand dollars, and stocks valued at as much more:  making seventy-five thousand dollars in all as the principal.  Interest added, would swell the sum for which they must give account to over one hundred thousand dollars.

It was found, on looking into the business, that the whole of this immense sum was invested in the cotton mills.  The search made into the legal condition of these mill properties was not satisfactory.  There were several mortgages against them, one of which, for twenty-five thousand dollars, was held by the Clinton Bank as collateral security for loans.

After various delays and failures on the part of the old executors to meet us in a satisfactory manner, we all assembled, by appointment, in the office of Judge Bigelow.  Mr. Dewey I was surprised to find present.  But it was plain that he was there either by the consent or request of the Judge and Squire.  The court had given a certain time for the executors under the first will to make up their accounts, and hand over the property in trust.  That time had expired.

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The Allen House from Project Gutenberg. Public domain.