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Will - Valuation of Reverand John Love's Holdings
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Will - Valuation of Reverand John Love's Holdings
7th September 1917
Will - Valuation of Reverand John Love's Holdings
7th September 1917
There is an inland Revenue Residuary Account dated 7/9/ 1917 valuing the late Rev'd John Love's holdings of stocks,shares, debentures and cash. His administrator was Lieut Col. Robert Lindsay Love (Retired) of 24 Bloomfield Court Maida Vale (?), brother of testator.
Description of Asset valuation cash and property converted into money
stocks £957.6.10 of 5% war stock held in England £899.11.0 part thereof in Ireland £103.15.8
shares £300 5%
debentures of the Rhodesian Rachray? Ltd £240
cash in hand £27.1.5.
cash at bank £51.15.11
other personal property (Annuities payable by the Presbyterian Church in Ireland £26.6.11toatal £1139.11.8 £105.4.3
Lieut. Col. Love subsequently acknowledged by letter dated 5/1/1918 that it was a true account.
Outgoings £160.5.3 leaving a nett deficit of cash of £55.1.0 for tax purposes and a nett residue of 41084.10.0 chargeable to tax.
Other outgoings due to customs+ Excise, Solicitors, funeral expenss + administration cost amount to £111.0.7.
These charges were met by the sale of £140.6.11 of 5% war stock. at the time of his death (7/9/1917) Rev John Love, a bachelor, second son of Rev James Love, resided at the Retreat, Armagh.