Wright's Accounting

16 Abb. Pr. 429
CourtNew York Surrogate's Court
DecidedAugust 15, 1875
StatusPublished

This text of 16 Abb. Pr. 429 (Wright's Accounting) is published on Counsel Stack Legal Research, covering New York Surrogate's Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wright's Accounting, 16 Abb. Pr. 429 (N.Y. Super. Ct. 1875).

Opinion

The Subrógate.

The principal subject of examination in this matter has been the large claim presented by the administrator for one-half the net earnings of the steamship “ Daniel Webster.” This claim, if allowed, will exhaust the personal estate of the deceased ; and, if disallowed, there will be some twenty thousand dollars as the distributive shares of the next of kin.

The “ Webster” was purchased by the deceased on January 11, 1862, and chiefly earned the money which is the main subject of this controversey, under the management of the deceased, between that date and [432]*432October, 1866, when she was lost, while in the1 service of the United States, during the civil war. In order to establish the claim of the administrator, it became necessary that he should show, 1. That he was half owner of the ship, and as such entitled to half her net . earnings. 2. What those earnings were; and, 3. That the deceased had received the whole of .them. The . counsel for the administrator, as well as their managing clerk, iST. Dana Wells, Esq., have, with a view to establishing these facts, displayed great patience, perseverance and skill. They have establish ed a very large sum as the earnings of the vessel, and they have also .shown, quite conclusively, that the deceased received the whole of them. The serious difficulty they have .encountered has been in regard to establishing the interest of the administrator in the “Webster.” Of course, unless they have proven his title to half of her, the claim must fail. This they claim to have done by means of the letters which passed between the deceased .and the claimant on the subject, and the account books of the deceased. The facts chiefly relied upon are these :

In a letter written by the claimant at San Francisco . dated November 29, 1861, to the deceased in New York, he says, toward the close of it, “Buy the ‘ Webster ’ for my account, and send her out.”

Apparently, in reply, the deceased in a letter of January 28, 1862, says, sixty thousand dollars is the price Commodore Vanderbilt asks for the “Webster,” . and considers it a large price to pay for her, and continues, “but if I had nothing else to do, she would be a cheap ship at thirty thousand dollars. Now if she is chartered for thirty days,” at one thousand dollars • per day, “I would then have the ship for about thirty-six thousand.” Subsequently, in the same letter, he . says, “ I have just closed the purchase of the ‘ Daniel ;Webster ’ at forty thousand. I expect to charter her [433]*433at nine hundred per day. I take possession on 11th Inst. You shall have one-half of her if you say you want it. Send me all the spare funds you can spare of your own or mine. She is an old ship, but two years younger and the same size as the Pacific.” . . . “ If I find I can not charter her I will send her around to you. If Jim Huntington wants one quarter, and take charge of her, send him on.”

The deceased wrote again to his son, a letter, dated •“Wright’s Island” (L. I. Sound) January 10, 1862, in which he says, “I wrote you yesterday by overland mail; I also telegraphed you that I had bought the 6 Dan Webster.’ I am in hopes to get a charter for her. If you want one-half of her you can consider it yours. I wish you had her out with you.” . . . The next day, in the same letter, he says, “January 11. To-day I take charge of CD. Webster,’ got steam on, going round to East River to lay, send me on all the money you can spare.” . . .

He again writes, February 17, apparently in reply to a letter from the claimant to him, under date of January 20, in which deceased said he would not sell “an interest in the ‘Dan. Webster’ to John T. W., •Jr.” . . . “Mr. J. Brown I should not object to, •but we do not want any more owners in her ; we can .afford to own her for ourselves. Had they the money to put down I would think about it.” It would, therefore, seem, that George had proposed the conveyance of an interest to John T. Wright, Jr., and J. Brown, or one of them.

The letter next in evidence is one from George S. to his father, dated “ San Francisco, February 10, 1862,” in which he acknowledges having just received his father’s letter of January 10, 11, and says: “The ‘Webster’ would do well there” (China), “in fact ;any steamer that can yet there will make money. I hope through Mr. Eldredge’s assistance that we will [434]*434get rid of the ‘ Herman,’ as she is too large a ship for us. I note what you say about if I wish to take half of the ‘Webster ’ I can do so. I except (accept) your offer and will consider half of her mine from the day you bought her, and if I only have a little luck, will be able to send you some funds on account of it; however, if we sell the ‘Wright ’ I will have it. Please let me know what she cost you.”

Again, in a letter of February 21,1863, he says: “I note what you say about me taking an interest in the ‘ Webster,’ and I now say I take one-half of her from the day you bought her. I note what you say in regard to shipment of money. When I have any I will send as directed by you.” . . .

There is no further evidence of correspondence until October, 1866, a period of more than four years, when George writes, among other things,- to his father, “By a telegram from Messrs. Moody & Telfair, I learned of the fate of our good steamer the ‘Webster.’ I am sorry she has gone, for she has been a good and faithful servant to us. I see she was insured but for thirty-five thousand dollars, which I was sorry to hear as you generally had moré than that amount on ; however, that is better none.”

The next is a letter from the same, dated at “Victoria, V. I. November 10, 1866,” with copies of telegrams to Moody & Telfair, in relation to collecting the insurance money.

Next, is a letter from George to his father, dated at San Francisco, March 39, 1867, in which he says: “ ... Father, I wish you would let me know whether you have made a will or not, and if you have not I hope you will at once; let me know.” . . “Did you get paid for coal on ‘D. Webster’ from government, and the other claims ? Did Monroe get anything for us \ ” . . .

The last letter is from the same to the same, dated [435]*435“At sea/5 April 29, in which the writer again speaks of his father making a will, urging him to do so, and saying that he “anticipates trouble55 in case he should not. He also speaks of having found a “precedent for the claim of the 6D. Webster5 against the government/5 and after reciting it hopes that Monroe “will be able to use it as a precedent for ours.55

The claimant places great reliance upon an entry in an account book of deceased, containing an account of the disbursements for, and receipts from, the “Webster/3 under date of January 7, 1863, in the handwriting of deceased, in which he states the net earnings, and deducting cost of ship at one hundred and two thousand and seventeen dollars and fifty-six cents.

“ J. T. Wright, -I-, $51,008.78

G. S. Wright, -¡-, 51,008.78

$102,017.56.”

On a subsequent page of the same book is an estimate in decedent’s handwriting of the valne of his property, made in 1863. Among the entries are these : “-¡-of the 6Herman/ „ . $40,000

‘ Daniel Webster/ -¡- of her, $35,000, 60,000.”

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Bluebook (online)
16 Abb. Pr. 429, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wrights-accounting-nysurct-1875.