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Show ECCLES ESTATE IS WORTH$4,500,000 That is the Figure Given by David C Ecclcs in His Petition Asking-to Asking-to be Made Administrator Long List of Heirs Includes the Children Chil-dren of the Fajmly in Logan I 1 Bertha M Eccles. wife of the late I David Ecclcs, waiving her right to administer ad-minister her husband's estate. David ( Kccles eldest son. late yesterday afternoon filed a petition in the district dis-trict conn asking that letters of administration ad-ministration be Issued to him The petition will be heard by the court about January 28. There has been much speculation las to the wealth of the late millionaire, million-aire, some estimating It as high as J.'.", , i the lowest estimate, outside out-side the Recle family, being $10,000.-000. $10,000.-000. but in his petition for letters of ! administrat ion Da1 id C Eccles states that the estate is worth approximately approximate-ly 14,500,000. The real value of the j estate, however, will be fixed hv the 'official appraisers of the courts at a d ue stibsenuent to the presentation ot claim of creditors. Members of the faroiL saj that ev-ry ev-ry possible means known to them has been exercised to determine the value of the estate and they are of the opinion that the amount atated by j the petitioner is prom near the correct cor-rect figure. Mr Eccles was Interested Interest-ed in a great man enterprises and It Is possible that. some of his interests inter-ests have been overlooked However. Investigation has been going on daily since his death In the early parr of Decern her and an approximate valuation valua-tion ha-s been placed on his holdingr In the light of those who have had much to do with his business affairs. Mr Ecclea association with many large corporations controlling millions iof dollar? gives room for the impression impres-sion that he was worth more mono-, (than the actual figures show In his life time he made ample provision for jhis famllv. thus turning a large amount of his moner in that direction The amount given to members of his family In the paf few years it Is I Raid, was more than a million dol- lars In estimating the value of the vast estate, only rental values were given j in some instances and upon the rental lvalues the real valuation cn hardly he figured Rut this calculation is a matter that will rest with the court appraisers when they are made acquainted ac-quainted with the property interests The estimated value of the estate as given b- the petitioner is for the purpose of guiding the court as to the amount of bond that shall be re- I quired when an administrator shall ' be selected In this event, the bond will amount to twice the rental value of real estate and double the value of personal property which will reach i millions. Royal Eccles of the law firm of; Boyd, DeVine & Eccles. who has charge of the legal affairs of the estate es-tate at this time. The estate is absolutely free of' an incumbrances.' said Attorney I Royal Kccles this mornine, "so far as we know but the regular proccd- ure of thing notice to creditors willi be followed This means that it will be ten months before anything ran be done 1 way of settling the estate .-is the law requires that in estates of more than $10,900, creditors shall l.e gUen ten months tune to file their claims, accompanied bi vouchers vouch-ers It is rather a slow process, but must he follower! strictly The valuation? given In my brother's broth-er's petition for letters of administration adminis-tration are only approximations and ma be changed by the official ap- I praise It It Will serve the purpose, however, of enlightening the court as to the amount of bond that shall be required We have taken a great deal of pans to get the valuation of fath- I er'i proper! as near correct as possible." pos-sible." If the appraisers do not increase the valuation over the amount stated by David C Eccles under the inher- j itance tax law of I'tah. the state will receive about Jt'jOO.000 revenue when! the final settlement is made Arriving 'he value of the property prop-erty In Utah by deducting the valua tlon of property in ether states from the estimated total of $4,500,000. it Is found that the approximate value of the estate subject to the 5 per cent Inheritance tax is 13,924,850.00. This would mean a revenue to the state oi H96.242.60, but would be based on the I value of the real estate In Utah at only $143. 26. the annual rental value of which is fixed in the petition at 117 TjOO. Personal Property. (a) Shares of stock in corporations organized and existing under and by virtue of the laws of the stale of Utah Ol the approximate value of $3,322,186. bi Shares of stock In corporations organized and existing under and b virtue of the laws of the state of Idaho Ida-ho of the approximate value of $8,000 (c) Shares of slock in corporations in-anl7.i-d and existing under and by virtue of the- laws of i he stale of Oregon Ore-gon of the approximate value of $283 000. tdi Shares of stock in corporations organized nnd vxUting under and bv virtue of the laws of the state' of Nevada Ne-vada of the approximate value of $57. 150.00 (el Shares of stock in corporations OTj ed and existing under and by Of the laws of the state of Coi-of Coi-of the approximate value of 1 ? 10.000. if) Shares of slock in corporations organized and existing under and by virtue of the laws of Canada of the approximate value of $217,000 ' g Negotiable securities consisting Iof bonds and promissory notes of the approximate value of $451J iH Real Estate I (si Eleven panels of real estai consisting of lots and parts of lots in Ogden cin, Weber county, Ulah. with an annual rental value of approximately approxi-mately $.'M! (bi An undivided one-half interest In eight panels of real estate located in Ogden City, Weber count. v. Utah, with an annual rental value of approximately ap-proximately $4,000 (c) An undetermined interest in a tract of land In Salt Lake City. Sail Lake county. I'tah. with an pnnu.i1 rental value of approximate!; $" (d) Five lota of land located In Logan Lo-gan City, Cache county. I tab. with an annual rental value of approximately approxi-mately $800. (o) An undivided one half interest In three tracts of land located in Logan Lo-gan City Cache county, Utah, with an annual rental value of approximately approxi-mately $1 400 (f) Two tracts of land located in Salt Iake City. Salt Lake count Utah with an annual renial value of approximately $H' Heirs at Law This is followed by the statement "that the estate nnd effects for or In respect to which letters of admlnistrs lion are herebv applied for du not . ceed 14,600,000 ' i be names and residence of those alleged bv the petitioner to be the heirs at lav Ol the deceased are given as follows: Bei t ha Marie Eccles. - vears, widow, wid-ow, Ogden, David C Eccles. 35, son. Ogden, Lercv Eccles. 88, son, Ogdcir: Veda E Davis. 30, daughter. Suit lyoko. Royal Eccles 2S. son Ogden; Rertha O Wright. 26. daughter, -j den Joseph M Eccles. 23. son Op den Lila Eccles. 21. daughter. Ogden Laura Eccles 19. daughter, Ogden. Flora Eccles 19 daughter. Ogden. 'William .1 Eccles. 17 on. Ogden ivian A Ecclea 15. daughter Ogden; Homer G. Eccles. 12. son. Ogden Marriner S Ecrles, 22. son Logan; Marie S Ecc les. 20. daughter. Lot; i Spencer S Ecclea, IS. son Logan Jessie S Eccles. 17 daughter. Iogan , Emma S Eccles I daughter Logan, 'ieorge S. Eccles. 13, son. Logan Norah S Eccles 10, daughter. Logau Ellen S. Eccles. 7, daughter. Logan Willard S Eccles, 4. son. logan Probate Administrator. The remainder of the petition refers lo the failure to discover any will left b Mr Eccles and the right of Ihe widow. Mrs. Rertha M ficcles to ttel as the administratrix In connection with the latter, ihe petition Is accompanied accom-panied b the statement of Mrs. Ec-cles Ec-cles that she does not desire to a i in the capacity of administratrix and names David C. Eccles the oldest son. as the person she desires should act In her stead The clerk of the district court named February 2S as the day for hearing and application of the petitioner. Royal Eccles. It Is probable that David C Eccles will then be duly appointed administrator Attorney Eccles, who will look after the legal affairs of the estate, is a member of the recently formed la firm of Boyd, DeVine it Eccles |