Text Version


BASIL O'CONNOR 
JOHN C. FARBER
ARNOLD T. KOCH 
HENRY K. URION
WILLIAM F. SNYDER
KENNETH L.HOFFMAN
EARLE R. KOONS
LEWIS D. SPENCER
PERRY E.HUDSON,JR.
 
 
 
                     O'CONNOr FarBER
 
                    COUNSELORS AT LAW
 
                      120 BROADWAY
 
                     NEW YOrK 5, N.Y.
 
                                           April 29, 1946
 
            Re: Estate of Franklin D. Roosevelt
 
Henry T. Hackett, Esq.
226 Union Street
Poughkeepsie, N. Y.
 
Dear Mr. Hackett:
 
         Confirming our telephone conversation of this afternoon, 
I am pleased to report that Mr. Morris and I had a very pleasant 
and satisfactory discussion with Mrs. Roosevelt at her apartment 
this morning. The discussion was restricted almost entirely to a 
consideration of the management, maintenance and ultimate 
disposition of the Hyde Park property. Mrs. Roosevelt has decided 
that she does not wish to lease any of the property as previously 
proposed. The following program will be satisfactory to her if 
it meets with the approval of the Executors:
 
     1. Mrs. Roosevelt will continue to occupy the Val-Kill
        property under the existing lease.
 
     2. Elliott Roosevelt is to sign a lease for the Hill            
        Top Cottage for a term of one year, unless sooner            
        terminated as a result of sale, at a monthly rental        
        of $75.00 for the cottage and right of way to the        
        main highway.
 
     3. The arrangements with the tenants on the eight Hall
        Roosevelt Projects and the four farm tenants are not         
        to be disturbed until the 0PA regulations permit.
 
     4. The Executors will continue to operate the farm with         
        Russell W. Linaka as agent and manager until such            
        time as the estate tax has been determined and fixed        
        and the Executors are in a position to sell.
 
     5. Mrs. Roosevelt will address a letter to the                 
        Executors requesting them to continue to operate the         
        farm and authorizing them to deduct from income all          
        expenses necessary in the operation and maintenance          
        of the property and the making of necessary repairs,         
        such as roof repairs.
View Original View Next Page Return to Folder IndexReturn to Box Index