Shutesbury
Hemenway Estate Dwindles
The estate of William H Hemenway, late of Shutesbury, which at his death was stated to aggregate $200,000, and over which a will contest is under way, has been found to be materially less in amount than was supposed at the time of the presentation of his will for probate, It is thought now that it will amount to about $30,000, and some think even less.
An attorney who is concerned in the contest of his will stated that he was informed by E.H. Vaughn of Worcester, who represents the executors of the will, that the personal estate had been entirely dissipated. A large portion of Mr. Hemenway’s property came by inheritance, and it is supposed that at one time he was worth as much as $400,000. Much of the real estate which was commonly supposed to belong to Mr. Hemenway has proved since his death to have been the property of Misses Clark and Moody.
Mr Hemenway was in failing health for several years before his death and his eyesight was affected to such an extent that he was practically blind for some time.
It is said that beyond his speculations in copper and sugar he made some extended loans which proved to be upon insufficient security In some instances money was loaned upon personal property which fell far short in value of the amount loaned.
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