A Cash Nightmare

MA-Caver

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Cash found in Ohio house's walls becomes nightmare

By JOE MILICIA, Associated Press Writer Joe Milicia, Associated Press Writer – Sat Nov 8, 2:55 pm ET
http://news.yahoo.com/s/ap/20081108/ap_on_re_us/house_hidden_money
LEVELAND – A contractor who found $182,000 in Depression-era currency hidden in a bathroom wall has ended up with only a few thousand dollars, but he feels some vindication. The windfall discovery amounted to little more than grief for contractor Bob Kitts, who couldn't agree on how to split the money with homeowner Amanda Reece.
It didn't help Reece much, either. She testified in a deposition that she was considering bankruptcy and that a bank recently foreclosed on one of her properties.
And 21 descendants of Patrick Dunne — the wealthy businessman who stashed the money that was minted in a time of bank collapses and joblessness — will each get a mere fraction of the find.
"If these two individuals had sat down and resolved their disputes and divided the money, the heirs would have had no knowledge of it," said attorney Gid Marcinkevicius, who represents the Dunne estate. "Because they were not able to sit down and divide it in a rational way, they both lost."
Kitts was tearing the bathroom walls out of an 83-year-old home near Lake Erie in 2006 when he discovered two green metal lockboxes suspended inside a wall below the medicine chest, hanging from a wire. Inside were white envelopes with the return address for "P. Dunne News Agency."
Had they agreed to simply split the cash 50/50 they wouldn't have had this problem... but Greed raises it's ugly head and ... well... there you are.
Honestly, how would you ( a home owner -- if applicable) deal with this? If you bought the home and then few years later decide to renovate/remodel and the contractor you hired finds all this cash that was obviously left by the previous owner....
 

arnisador

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I read this! Well, likely the fairest thing of all ultimately happened (minus what went to the lawyers).
 
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