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2643.1-3 Set of three documents concerning the estate of C. R. Richardson, 1901
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2643.1-3 Set of three documents concerning the estate of C. R. Richardson, 1901
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2643.1-3 Set of three documents concerning the estate of C. R. Richardson, 1901
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A. E. SCOTT, <br /> COUNSELLOR AT LAW, <br /> AMES BUILDING, <br /> COR. COURT AND WASHINGTON STREETS, <br /> BOSTON,--MASS. <br /> /�//K,^/ <br /> ................................................................... <br /> r 2 r <br /> immediate prospect of a sale. Possibly in the spring things may <br /> look differently.. <br /> In addition to the amount which I have advanced I have <br /> also personally guaranteed the interest on the mortgages on the <br /> Lexington real estate, since; there has been no money with which <br /> to pay the interest- It may be wise in the spring to consider the <br /> sale of the Lexington property. The taxes on it are high and <br /> the income is not commensurate with the assessed value. <br /> I should be very glad of the advice and co-operation of <br /> the Selectmen in the matter. <br /> My plan has been to sell the outstanding real estate and <br /> to pay off . the indebtedness on the Lexington real estate as far <br /> as possible and in that way holding the Lexington real - estate on <br /> account of the school fund, thinking it .might possibly increase . <br /> in value faster than the low rate of interest which we would be <br /> able to get if it were sold and the proceeds invested, but per- <br /> haps it may be better to sell now, and. certainly it will be unless <br /> we find in the spring the Everett property can be sold at a reasonable <br /> price. <br /> As this account is very long and as I. can use it when <br /> I file my probate account , I should be very glad if you would pre- <br /> . <br /> E serve it and return it when you are through with it. <br />
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