Peter Patterson estate
Estate Of Elderly Detroit Bachelor May Hit 5 Million DETROIT LAP I—A treasure of stocks and bonds has been uncovered uncovered by investigators probins the estate of an elderly bachelor. They said the holdings may be worth five million dollars. No will was with the effects in Peter Patterson's apartment when he died at 90 last week. Deputy Treasurer Peter Posato and a court-api>ointed administrator, administrator, Harry M Prcvo, opened Patterson's Patterson's safety deposit vault Friday Friday They found two wills plus government and municipal bonds worth $2.581.000; life insurance valued at $30,000 ; 38.876 shares of stock in 32 companies. Patterson owned a mortgage company and a construction firm. He also was founder of an insurance insurance company. The wills in the vault were dated 1932 and 1951 One awarded a little money to local people and I charities, Prevo said.