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defiantly announced today. The former Plainview banker, now in the state prison at Stillwater, will be arraigned at least on several of the indictments returned by the last May grand jury, whether there would be additional charges or not, Mr. Foley would not discuss. Land on Two Sides of Homestead Retained by Bank Decision Made in Bankrupt Case This Week at Winona The Sylvester homestead and personal property were exempted in the bankruptcy proceedings in a decision given by Referee H. M. Bierce of Winona this week. Proceedings in this case began April 2, 1925 when E. L. Sylvester was declared involuntarily bankrupt. On the petition of Mrs. E. L. Sylvester, claiming her right to the property a hearing was held at Winona, the trustee, C. L. Mikkelson, through his attorney James A. Carley, presenting his side of the case and the expenditures of the Sylvester’s during the past eleven years. The hearing was not completed at that time and after several postponements, E. L. Sylvester was captured and returned to this state where he entered a plea of bankruptcy and Mrs. Sylvester’s claims were dropped. The hearing of the latter petition on March 27 resulted in a decision. In exempting the homestead, however, the court sets aside only the property on which the property stands, a lot 72 feet wide which cuts off the driveway and extending back 300 feet. The frontage of the property is 252 feet which leaves a strip 96 feet wide and extending back 300 feet on the east side of the house and a strip 84 by 300 feet on the west side beside a garden plot back of the other residences in that block. These two strips have already been sold by Mr. Mikkelson for $2,500 to Matt Schilling. In pressing the claims for title to the property the banking department in behalf of the depositors cited the fact that most of the property had been purchased with money taken from the depositors of the bank and from trust funds in the bank, arguing that for that reason the property rightfully belonged to the depositors. The same was true of the insurance policies which totaled $20,000, but as these had been used to secure loans they were of not value. They also claimed that Sylvester was not entitled to protection in this state having left here as an absconding debtor with the intention of establishing a residence outside the state.
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* SOURCE: Manzow, Ron (compiler), "The Sylvester Family of Plainview, Minnesota - a collection of information taken from the Plainview News, other newspapers, letters, and diaries beginning in 1884": Plainview Area History Center, 40 4th St. S.W., Plainview, MN 55964. Compiled in 2001.
NOTE: from Ron Manzow, December 2001: "Feel free to reproduce the pages for anyone who wants a copy. It was
compiled to be shared... All I ask is that they consider sending a check to the [Plainview Area] History Center to help us out. That
should be enough."
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