PROBLEM No. 31.

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Mr. George Huggins died on the 31st October, 1913, and with the exception of a few legacies, bequeathed free of duty, he left the whole of his property to his Widow for life with remainder over to his friend Mr. Giblets, provided that gentleman outlived Mrs. Huggins.

Now this arrangement placed Mr. Giblets in an embarrassing predicament, especially as Mrs. Huggins' health improved so wonderfully after her husband's death.

It appeared to Mr. Giblets, therefore, that matrimony was the only safe solution of the difficulty, and so he went on his knees before the Widow. But the lady grasped the situation immediately, and declined the honour.

Friendship being thus early at an end Mr. Giblets resolved to worry the Widow, bearing in mind the saying that "Worry kills." So he set himself to quibble about every detail in the administration of the late Mr. Huggins' Estate, particularly as regards the apportionment of Revenue between Capital and Income. But the Widow would not worry, and wisely suggested to the Solicitors that all matters involving accounts should be left to some first-class Firm of Professional Accountants to settle.

This was done, and the following are the Cash Receipts and Payments made by the Trustees up to the 30th June, 1914.

Receipts.
1913. £ s. d.
Oct. 3 Cash at Bank and in house 532 17 4
Nov. 5 Yorkshire Coal Co., dividends half-year ending 30th September, 1913, free of tax 15 0 0
1914.
Jan. 5 Dividends on India Stock, less tax 47 1 8
" " 14 Sale of Investments 1,764 8 9
Feb. 8 Caledonian Railway Dividends, half-year ending 31st December, 1913 32 19 2
March 3 Sale of Furniture 243 6 8
" " 25 Quarter's Rent of Property to date, less tax at 1s. 2d. 16 1 10
" " 31 North British Investment Trust Dividends, 6 months to date, free of Tax 70 0 0
" " 31 West Ham Gas Co., half-year's Debenture Interest, less tax 47 1 8
Apr. 5 Dividends on India Stock, less tax 47 1 8
June 15 Sale of Jewellery 32 5 0
" " 25 Quarter's Rent of Property 20 0 0
Payments.
Nov. 7 Medical Attendance and Nursing fees 31 10 0
" " 25 Mrs. Huggins, on account 50 0 0
Dec. 31 Estate Duty 532 6 8
" " 31 Interest thereon 2 13 3
1914.
Jan. 16 Valuation fees 15 15 0
Feb. 1 Widow, further on account 50 0 0
" " 16 Funeral Expenses 31 10 0
March 25 Half-year's Ground Rent, due this day, less tax 4 18 11
" " 31 Debts due at death 73 6 8
Apr. 1 Widow, further on account 50 0 0
" " 30 Legacies 250 0 0
May 3 Duty thereon 20 0 0
" " 31 Executorship Expenses 5 6 8
June 1 Solicitor's Costs re Probate 32 6 8
" " 15 Mason's Expenses, restoring, &c, Tombstone 15 15 0
" " 30 Paid Widow Balance due to her.

What amount was paid to Mrs. Huggins on the 30th June, 1914?

                                                                                                                                                                                                                                                                                                           

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