Mulholland 100 pounds

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2023-10-04/777 PETER J. MCMAHON, SOLICITOR. TELEPHONES: { NEWRY 230 WARRENPOINT 81 37 Hill Street. Newry. 13th July, 1938. The Venerable Dom Bede Lebbe, Prior, Glenstal Priory, Murroe, Co. Limerick. Dear Revd. Father, re: Catherine Mulholland Decd. I received your letter of the 11th inst. and note your Counsel has instructed you to accept the bequest of £100 on the conditions stated in my letter. Under the terms of the deceased's Will she left a sum of £100 in Free State Loan and 50 ordinary Shares in J. & P. Coats Ltd. so that the income might be applied for masses as directed by her Will. On her death her husband, who is the acting Executor of her Will, claimed the £100 invested in the Free State Loan as his sole property, and I have no doubt but his claim is in order. He will however have to satisfy the Charity Commissioners in Dublin that his claim to this fund is perfectly established to their entire satisfaction, and should he fail to do this, this amount would be available and form part of the fund which you have intimated you are entrusted to accept. Presently however, the only thing available to meet the deceased's intentions under the bequests are 50 ordinary shares in J. & P. Coats Ltd. These are valued approximately at the present £100 and the dividend payable thereout at present would amount to about £5 annually. Would you please confirm that your Counsel xxxx will accept the bequest in view of this position. Yours respectfully & Sincerely, Veter JW McMahon sc