Board of Visitors minutes June 12, 1933 | ||
I.
This estate consists of.—
(1) Some 3000 acres of land, practically all of which is in Brunswick County (assessed for taxation @ $32,889.00) |
|
(2) Money in fifteen different banks | 18,085.22 |
(3) United States Liberty Bonds | 15,752.00 |
(4) United States Treasury Bonds | 16,350.00 |
(5) Stock | 4,492.00 |
(6) Railroad and Mortgage Corporation Bonds, State and Municipal | 56,130.00 |
(7) Thirty-four Bonds and twenty-nine Notes of individuals, secured by First Mortgages on real estate |
166,885.20 |
(8) Tangible Personal property | 518.54 |
Total— | 278,212.96 |
Of the above notes, sixteen were out of date. Of these sixteen notes, all
have been renewed except three, and in each of these cases I think the real
security is sufficient.
I have personally interviewed forty-one of these debtors, this being
necessary in order to get my books straightened out as to interest payments.
I have checked all deeds of trust;
I have checked all insurance policies,
I have checked all tax payments.
I have now all individual obligations, with deeds of trust and insurance
policies attached, in a Bank box in Lawrenceville, and all other securities
in a box in the National Bank in Charlottesville.
I have transferred all Bank accounts to National Bank & Trust Company
here, and since February 15th have had all except a small checking balance
on Savings Account at 3% interest.
Board of Visitors minutes June 12, 1933 | ||