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Tuesday, December 17, 2013

Finally, What Was the Good Stuff in The Probate?


Etching of W. F. Poole
New York Times Obituary
A Bill of Appraisement of the Estate of William F. Poole, late of the County of Cook and State of Illinois, deceased was finally signed on 25 March 1895, a year after his death. The Will and Probate as well as the "The Longest Obituary I've Ever Seen" were discussed in previous posts, but I just have to share this with all the librarians who may have learned about him. Yes, he had assets, quite a lot in my opinion, but that isn't what interested me. I wanted to know if the Librarian of the Newberry Library in Chicago, Illinois had any books.

He sure did, 2,600 books, all valued at $1. That portion of his estate was worth $2,600. Why did he have so many books, did they belong to the library or were they actually his? And if they were his, was he going to give them away or donate to the Library. If they were his own, I wonder why didn't he just use the ones at the library and save his money.

Below are copies of the Bill of Appraisement, Agreement with Houghton, Mifflin and Co., and Appraisers' Estimate of the Value of Property Allowed to the Widow.



A BILL OF APPRAISEMENT

of the Estate of William F. Poole, late of the County of Cook and State of Illinois, deceased.
                   One lot of Books (2600 in number) at $1.00 per volume.
                                                                                      Total-         $2,600


             "Agreement between W. F. Poole and Houghton, Mifflin and Co. of Boston, Mass., dated September 30th, 1890, whereby Houghton/, Mifflin and Co. agree to pay royalty on all sales of 'Poole's Index to Periodical Literature.' The value of said contract is impossible to determine, but Houghten [sic], Mifflin and Company have paid to W. F. Poole from the time of the date of said contract, an average of $350.00 a year thereon."