An action has been brought in the Supreme Court affecting the estate Of Moses A. Slaven. Mr. Slaven died In 1886 leaving an estate estimated at $2,000,000. He and his brother, Henry B. Slaven, one of the defendants in this action, came to this city from San Francisco with a patented dredging machine at the time of the inception of the Panama Canal scheme. They here formed a corporation with eastern capital, obtained the contract to dredge the canal, had a number of dredges built and with their machinery went to Colon. In a few years they amassed fortunes.
Mr. Slaven was twice married. By his first wife he had one child, Maud Eva Slaven Despierris, who is the plaintiff in the case. His second wife, Ellen A. Slaven, a defendant, and his brother, Henry B. Slaven, were appointed the executors under his will, which was dated Sept. 12, 1885. By his second wife he had three children. He left his entire estate to his widow.
The plaintiff alleges that the estate was left to the widow simply to keep it in the business of Slaven Brothers and that Mr. Slaven did not wish any of the money drawn from the firm's business. Her father, his wife and his brother, she declares entered into a business agreement whereby everything at his death should continue as though he were alive, and the business carried on as formerly. The agreement directed his executors to amply provide for his children, she says.
The motion made yesterday in the action before Justice O'Brien was for a construction of the agreement and an accounting by Henry B. Slaven and the widow as executors. Plaintiff desires the agreement to be determined by a jury, after which a reference for an accounting to be ordered.
New York (New York) Times, May 26, 1894.
Copyright © 2007 Larry Slavens. All rights reserved.