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The Dawson News
Dawson, Terrell County, Georgia
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New York court suit over $82M Gould estate debates deducting $4.25 dog meat and $1 license costs from principal or maintenance fund, amid claims of underpaid executors and pettiness accusations. Involves attorneys Davis, Parker, Fox, Wallace, and heirs Shepard, George Jay Gould.
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Court Suit for Accounting of Estate Is Costing $60 a Minute.
NEW YORK, N. Y.—John W. Davis, Alton B. Parker and heads of 35 law firms retained in the $82,000,000 Gould estate accounting suit, in which court costs are estimated at $60 a minute, listened to an extensive argument today on the cost of dog meat.
The debate concerned whether the sum of $4.25 for meat for Mrs. Helen Gould Shepard's dog and $1 for a license fee should be deducted from the principal or from a fund set aside for maintenance of the Lynnhurst estate.
Attorney Littleton Fox, representing Mrs. Shepard, cited the arguments over the dog's expenses in demonstrating the pettiness of the objectors.
Attorney William Wallace, representing George Jay Gould, declared the four executors who received $1,250,000 each had been underpaid. He described his client as a man of imaginative business ability, who had carried on as Jay Gould desired.
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New York, N. Y.
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In the $82,000,000 Gould estate accounting suit costing $60 a minute, attorneys debate whether $4.25 for dog meat and $1 license for Mrs. Helen Gould Shepard's dog should be deducted from principal or Lynnhurst estate maintenance fund. Littleton Fox highlights pettiness of objectors. William Wallace claims executors underpaid and praises George Jay Gould's business ability.