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AN INTERESTING IRISH ESTATEMessrs. McLaughlin McDiarmid have just received a draft from Belfast, Ireland, for some $7,500 on account of the estate of the late David Culbcrt, who died in the town of Lindsay in 1856. Mr. Culbert came from Ireland about the year 1833, and was the first postmaster of the town of Lindsay. Before he left Ireland in 1830 he borrowed money on some centrally situated property in Belfast and gave a lease in re-jayment of the loan for sixty-five years, or until the rents should repay the amount advanced and interest. He afterwards became insolvent and assigned the property to the Trustee in Bankruptcy, but owing to the lease it was never disposed of by the l«nkruptcy court. The lease expired in 1895. Stjuire McDonnell of this town was David Cul-bert’s executor, and entitled to recover David Gilbert's interest in the property on the expira lion of the lease, subject to the proceedings of the bankruptcy court. Messrs. McLaughlin McDiarmid have been working on the matter for nearly three years and have lieen finally able to realize so much. Considerably more is expected. It is very seldom that any of these ancient estates are realized, owing to the many difficulties mat lapse of time places in the way. Much of the credit in this matter is due to the ability and business tact of Mrs. Coleman-Stuckert, one of the heirs, who spcat some time in Ireland looking the matter up, and interested some of the prominent people in Belfast in the matter, who assisted materially in having the claim recognizer! and obtaining the estate.
Newspaper Details
Lindsay Watchman Warder
Lindsay, Ontario, CA
Thu, Jan 26, 1899
Page 24
Full Page
Clipped by
Anonymous
CA 21 Apr 2025
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