1 This other information on supplemental sheet No. 37 attached. > Gas heating on budget plan with Gas Co., $23 per month for 9 months, balance about $5 per month. What was the total rent paid by all tenants occupying this property? Did you, your wife, your children, or your dependents, sell any real estate during the period January 1, 1945, to date? None. If so, give the following particulars with respect to each such parcel (using a separate sheet for each such parcel of real estate): (a) How many parcels? (b) Location or address? (c) Date acquired? Title in name of? (d) From whom purchased? Source of money. (e) Purchase price? Cash paid? (f) Amount of mortgages at time of purchase? (g) When was property sold or transferred? (h) To whom was property sold? (i) Type of property? (j) Selling price? Cash received? (k) Mortgage received, if any? (1) Terms of such mortgage? (m) Brokerage commission paid on sale? Did you, your wife, your children, or any dependent, during the period January 1, 1945, to date, purchase, or contribute toward the purchase of real estate, or any interest therein, title to which was not taken in your name, or in the name of your wife, your children, or any dependent? No. If so, give the following particulars with respect to all such property (using a separate sheet for each such parcel of real estate): (a) How many parcels? (b) Title in whose name? ANSWER TO QUESTION NO. 37 ORIENTAL BUILDING ASSOCIATION, Washington, D. C., November 16, 1951. With reference to lot 113, square 3203, 5811 Seventh Street NW., Washington, D. C. Title held by: Robert J. and Mildred C. Barrett, tenant by entirety. Date acquired: April 11, 1944. Seller: Vito and Catherine Zappalla. Address: Unknown. Purchase price was given in application in April 1944, as $15,500. First mortgage placed April 11, 1944, for $9,500. Title shows no second trust. (Application for loan made March 20, 1944, indicates that Mr. and Mrs. Barrett had sold 526 First Street, SE. and it appears that the proceeds of this sale might have been used in connection with the purchase of 5811 Seventh Street, NW. A settlement statement of the District Title Co. dated April 11, 1944, case No. 306870 could reveal this and also give the address of the former owner of this property.) Original first trust placed April 11, 1944, repayable $90 per month on the tax plan. interest, principal, taxes and insurance.) $9,500, 5 percent interest per annum (The $90 monthly payment incldes Record of payments Balance of loan Dec. 31, 1944__ Balance of loan December 31, 1945__. 1946: Required payments $1,080. Payments made $1,132.13; $392.36 interest, $149.22 1947 real estate taxes, principal__ Balance of loan Dec. 31, 1946. Additional loan for personal use Oct. 17, 1947-- Total__ 1947: Required payments $1,080. Payments made $1,458.06; $369.26 interest, $199.74 1948 real estate taxes, $56 insurance, principal_--- Balance of loan Dec. 31, 1947. 1948: Required payments $1,080. Payments made $1,100; $372.75 interest, $199.74 1949 real estate taxes, princpal__ Balance of loan Dec. 31, 1948. $8,890.52 723.50 8, 167.02 590.55 7, 576. 47 1,000.00 8, 576. 47 833.06 7, 743. 41 527.51 7, 215.90 1949: Required payments $1,080. Payments made $3,010; $316.88 interest, $214.72 1950 taxes, principal_. 2, 478. 40 Balance of loan Dec. 31, 1949__. 4, 737.50 1950: Required payments $1,080. Payments made $2,100; $187.93 interest, $214.72 1951 taxes, principal__. 1, 697.35 3,040. 15 Balance of loan Dec. 31, 1950. Additional loan to purchase farm near Frederick, Md., made July 13, 1951 Total__ 1951: Required payments $900. Payments made $1,000; $147.49 interest, $214.72 1952 taxes, principal___. Balance of loan as of Oct. 1, 1951-- 6,000.00 9,040. 15 637.79 8, 402. 36 R. A. XANDER, Secretary, Oriental Building Association. Sometime in July of 1947, I decided to purchase a beach cottage at Colonial Beach, Va., for the use of myself and my family and with the further idea of providing a summer home for my mother, who, after the death of my father, was living in an apartment. Late in July or August, I entered into an agreement to purchase lots No. 10 and No. 11, block 18, Colonial Beach, Va. The deal was concluded about the first week in October. The price of the cottage was $7,700. The owner was Paul Newland. The latter had an outstanding mortgage against the cottage. I paid $2,600 as a down payment. The proceeds came primarily from the sale of the Cadillac. I either signed a new mortgage or continued the original first mortgage in the sum of $5,100. The holder of the mortgage is A. Roy Thomas, R. F. D. No. 1, Purcellville, Va. Payments are made monthly at the rate of $45 on principal and interest through the office of LeRoy Bendheim, Esq., Alexandria, Va. While I was negotiating for the sale of the cottage, we took my mother down to the beach and after discussion with her, decided to make some renovations and install some modern conveniences. I entered into a contract with Charles A. Knox Co. to do the renovations on a straight cost plus basis. The renovations were commenced about October or November of 1947 and finished by February of 1948. My mother, (I named the cottage Susie-Q after her) gave me approximately $2,500 over this period. I paid the balance out of my own funds, including a 90-day note dated January 8, 1948, to the order of Charles A. Knox in the sum of $1,000, which he discounted at the bank of Westmoreland, Inc., Colonial Beach, Va. I ultimately paid this note off. Present balance of mort NOTE.-No second mortgage. We use pargas. From 1947 to Oct. 1, 1951, the total is $231.86. Some time in July of 1951, I negotiated for the purchase of what is known as the Dutrow Farm, 220 acres, more or less, located 2 miles south of Urbana, Md. (Frederick County). The purchase price of the farm was $28,000. I believe I signed the contract in July of 1951 and took title some time thereafter. I purchased the farm from Amos A. Holter, trustee for Birdie F. Dutrow. I paid $10,000, cash, at the time of settlement. I raised that amount by borrowing an additional $6,000 on the mortgage on my home, 5811 Seventh Street, see entry Real Estate Loan Account No. 15,185, Oriental Building and Loan Association, dated July 13, 1951, and I sold my boat through Jack Richie Motor Co., of Richmond, Va., about August 1, 1951, for $4,246. I have no information as yet on the electricity, gas, etc. I have mislaid the information on the taxes on this property and since none are due and payable at this time, I cannot give the amount. With reference to that part of the question having to do with inheritance or interest in family's estate, the following is submitted: At Commencing in 1908, my father, William F. Barrett, now deceased, began to acquire real estate in the District of Columbia, taking title in his own name. the time of his death on March 6, 1946, the land records of the District of Columbia showed that my father died seized and possessed of some 64 pieces of property in his name, with the exception of 8 parcels which were held in the joint names of my father and mother. Attached hereto is photostat copy of the list of properties prepared by my mother prior to her death, the handwriting on the second page thereof being her own. After my father's death, and in order to comply with the law, an inheritance tax was duly prepared and filed. The properties were appraised for tax purposes by competent real-estate men in the District of Columbia and submitted to the Bureau of Internal Revenue for its approval. The properties were appraised at approximately $137,800. After negotiations with the proper officials of the Bureau this appraisal was increased approximately $10,000 and the taxes paid on that adjustment. My father died intestate. Upon his death the six children, including myself, entered into an agreement with my mother whereby she would receive the gross income from the entire estate so long as she lived and to that end an assignment of that estate unto her was prepared and duly executed by all children. A copy of the assignment is hereto attached. Although we did not receive our distributive share, each child paid his income tax on the assumption that it was received and proper returns made thereon. Upon the death of my mother, which occurred on April 27, 1948, she having died intestate, title to all of these properties, by operation of law, vested in myself and my five brothers and sisters. Numerous real-estate houses have collected the rents and managed the properties, with the exception of one or two small ones for which the rents were collected for a short period of time in cash by my younger sister, and an accounting made to the rest of us. By agreement of the family my older sister, Marie E. Lanahan, and my other sister, Margaret B. Ahearn, undertook by agreement the responsibility of making the repairs, paying taxes, and doing all things necessary for the conservation of the property, save and except the collection of rents, after which quarterly checks were drawn to each of the children starting approximately December 1948 to date. My brother, John F. Barrett, died in Providence Hospital on June 14, 1951. He was unmarried. At the time of his death, investigating disclosed that he owned jointly with my sister, Margaret Ahearn, approximately $16,000 worth of securities and four houses. My sister took title thereto immediately by operation of law, but, with the consent of the other members of the family, same were sold in open market and distribution made immediately by my sister to the remaining brothers and sisters covering their shares of John's estate. He also died intestate. I received as my share of this distribution, $3,210.95, which check was delivered to me, as I recall, in, October 1951. My brother John also left sales purposes indicated. When sold I should receive a one-fifth interest therein. So far as the expenses incident to this vast undertaking, it would be humanly impossible for me, at this time, to give you the details. I had nothing to do with the preparation of tax returns. That was done by my sisters, with the aid of competent tax counsel and returns made thereon faithfully each year. I made appropriate returns on all moneys received by me for my distributive share as reflected on the statements given to me by my sisters. Internal Revenue has examined all returns made on the estate and so far as I know, everything has been paid which was legally found to be due and owing to the Government. That we, the undersigned, Marie E. Lanahan, Helen B. Cryer, Robert J. Barrett, John F. Barrett, Catherine B. McGarraghy, and Margaret B. Ahearn, all adults, being the children and all the heirs at law of William F. Barrett, who died intestate on March 6, 1946, the sole owner of a large number of parcels of real of said William F. Barrett intestate, for and in consideration of the sum of $1 and our love and affection for our mother, Susie C. Barrett, do hereby assign to the said Susie C. Barrett, during her lifetime, all of our right, title, and interest in and to any and all rents that have or may become due and payable from said real estate, the said Susie C. Barrett, to assume the full responsibility for the management of said real estate and to maintain the same in good repair and keep it properly and adequately insured at all times at her own expense. She is also to pay at her own expense all and any expenses in connection with said real estate, including but not restricted to, taxes, water rent, electric, and gas charges. It is a further condition of this assignment that the said Susie C. Barrett will pay and hold us harmless from all and any amounts for which we are or may become liable as owners of said real estate, including but not restricted to estate, inheritance, and income taxes and liability for damages. We do hereby constitute and appoint the said Susie C. Barrett our attorney, with full power of substitution and revocation in our names or otherwise, but at her own proper cost, to take all proceedings and execute any and all instruments to fully carry this assignment into effect, and to perform every act and thing in and about the premises, hereby ratifying and confirming all that said attorney or her substitute may do. In witness whereof, we have hereunto set our hands and seals this I, Imogene V. Cunningham, a notary public in and for the District of Columbia, do hereby certify that Marie E. Lanhan, Helen B. Cryer, Robert J. Barrett, John F. Barrett, Catherine B. McGarraghy, and Margaret B. Ahearn, parties to a certain assignment bearing date on the day of 1946, and hereto annexed, personally appeared before me in said District, the said Marie E. Lanahan, Helen B. Cryer, Robert J. Barrett, John F. Barrett, Catherine B. McGarraghy, and Margaret B. Ahearn being personally well known to me as the persons who executed said assignment and acknowledged the same to be their act and deed. Given under my hand and seal this day 1946. Notary Public, D. C. 38. (a) At the present time, is there any property, real or personal, the title to which is not in your name, your wife's name, your children's name, or the name of any of your dependents, the use of which you, or they, now have, or the benefits of which you, or they, now receive? See explanation family estate reflected on separate sheets. (b) During the period January 1, 1945, to date, was there any property, real or personal, the title to which was not in your name, your wife's name, your children's name, or in the name of any of your dependents, the use of which you or they, now have, or the benefits of which you, or they, now receive? Same as No. 37. 39. Bank accounts: (a) Have you, your wife, your children, or any of your dependents any bank accounts within the District of Columbia, or elsewhere; such as, but not limited to savings, checking, trust, postal savings, credit-union account, Christmas club, building-loan account, etc., in your name, the name of your wife, in the name of your children, or in the name of any dependent, or in any other name? If so, give the following information with respect to any, and all, such bank accounts: Name of depositor, name and address of bank, kind of account, and present balance: Mildred C. Barrett, Christmas savings, First Federal Savings, $600 withdrawn at Christmas 1950; Mildred C. Barrett, Christmas savings, First Federal Savings, $750 on account, 1951; Robert J. Barrett and wife, American Security |