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KEENE ESTATE LESS THAN SUPPOSED. Mineola. L. I.. June lo — The gross personal estate owned by James H. Keene when he died on January 3. 1913. is ghen as ,923,460.78 bv the transfer tax appraiser. James N. Gehrig, in his report, which was filed in the surrogates offiee here Thursday. The report states that there was no real estate. The debts and expenses of administration reduce the estate S52s.797.20. leaving a net estate of 1.394. 003. 52. Cnder the terms, of Mr. Keenes will his sole legatee was his widow. Mrs. Ban Jav Keene. who will have to pay the state a tax of S2S.220.1S on the estate she receives. Mr. Keene h.id on hand in cash and on deposit 3,901.25. He owned, among numerous stocks. 10. MK» share-s of Tidewater Oil company stock, valued at ,300,000. and 129.S90 shares of Premier Machine company, valued at 3,758.41. He also had a number of mortgages on real estate. One was signed by his son. Foxhall P. Keene. and his wife. It was on sixty-five acres of land ut Westbury. This mortgage, with accrued interest to the time of the death of Mr. Keene, amounted to 49. 407. S2. There was more than 5,000 in promissary notes due Mr. Keene. which had never been paid and were outlawed. Among them was a note of David Lamar, dated September 9. 1902, for 0,000. One of the important items in the accounting is that on the various horses owned by Mr. Keene. The total value of forty-five in this state is placed at 1,230.10. Horses and mares in the Keene stud at Lexington, Ky.. which are appraised in the estate, but are not taxable here, have a total value of 32.-124. IS. Among these horses are some of the famous runners that made names for themselves in this country and abroad. Some of these, with their appraised prices, are Colin. 0,000; Voter, 4,000; Peter Pan, 8,000; Celt. 0,000, Sweep, 7,500. and Ballot. 0,000. Thirteen mares were insured at ,000 each. Fourteen colts lmrn after the death of the famous horseman were insured for 1,200. Much of the Keene property was in England and it was necessary to send an appraiser to that country before the full report of the appraiser could be filed in Nassau county. 1 1 : I ■ ; ;
