Mugivan RE Suit 11-6-1939

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Mugivan RE Suit 11-6-1939 - FOURTEEN Bank and Mugivan Heirs.AIso Ask $5,000...
FOURTEEN Bank and Mugivan Heirs.AIso Ask $5,000 Judgment in Circuit Court Action Peru Nov." 5--(Tribune Special) --Possession of the Mtigivan mansion 30 East Main street, is in a court action filed in Miami circuit court here yesterday by Wabash Valley Trust company, acting in behalf ot relatives of the late Jerry Muglvan. Peru circus magnate, and o f . h i s widow-, 'late Mary Edith Muglvan. Defendants are George C. Lawrence, manufacturer of variety store items, and his wife, V.vian Lawrence from whom 55,000 judgment is sought, covering alleged damages for what is claimed to been illegal retention of the property. About two years ago it was announced that the mansion had sold to the Lawrences, who came here from Wabush and established a factory for the manufacture ot wooden slide rules, which they marketed througs ten-cent stores. In the complaint, however, it is that a fee-simple title to the property is held by the bank, which acting as trustees lor n. number relatives of Mr, and Mrs. Mug.van who were named beneficiaries in their joint will. Value I'roperty At S33.000 Value of the property is fixed in the complaint at $35,000 and 'its annual rental is stipulated at $4,200, However, original cost of constructing the house, which was completed about nine years ago, was reported to have been more than 3100,000. Mr Mugivan died shortly after house was built, and it was occupied by his widow until her a few years later. It was maintained by the estate, furnished unoccupied, till the announcement that it had been sold to the Lawrences. . The action demands that not the house and garage, but also the furnishings, be turned over the trust company, in its capacity as . trustee. The suit was filed Attorney Albert H. Cole,

Clipped from
  1. The Kokomo Tribune,
  2. 06 Nov 1939, Mon,
  3. Page 14

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  • Mugivan RE Suit 11-6-1939

    mark124 – 13 Sep 2013

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