Show I r I i I Reynolds Estate Agreement Made ade Children by Two Wives tor to Share Equally in Millions Milons CONCORD N C. C April Apri 21 1 F Libby Holmen Reynolds Reynolds' child I and Anne Cannon Reynolds second would share equally in the estate ette of their father Smith Reynolds under an agreement revealed in a court action ac ac- lion tion ton hero herr today Each would ultimately ulti- ulti receive Mrs Mr Joseph F F. F Annie I L L. Cannon with wih a bank of Anne Cannon Cannon Cannon Can Can- non Reynolds second revealed the agreement In an answer opposing the trust company's petition petton asking aking the te superior court to direct it and Mrs Mm Mr Cannon to join in an effort to have set aside a court decree creating a trust fund each for Anne Canion Cannon Can Can- non ion Reynolds Reynold Smith and her daugh daughter ter Anne Cannon Reynolds second contained a letter leter dated Mar March h 4 4 received by counsel for Anne Cannon Reynolds sec second nd from W. W M. M Hendren of WInston Salem counsel for the brothers and sisters rs of Smith Reynolds The Hendren letter leter said an n agree agree- ment merit had been reached between the Reynolds family attorneys and counsel coun coun- sd sel for Elizabeth Elzabeth Holman Reynolds the former Broadway torch singer siger and her infant child to compromise and settle all aU matters by giving the child chUd Smith In addition additon the letter leter said and notwithstanding notwithstanding not not- withstanding the validity of the present present pres pres- ent decree under which Smith Reynolds Reynolds Reynolds Reyn Reyn- olds set up the trust fund for his first wife and daughter shortly shorty before he heWES was WES as divorced an additional 1500 would be given to Anne Cannon Reynolds second thus making her share equal with wih that given Libby Holmans Holman's son |