youâve heard some of this already, but I had a long talk with Steven Swanson yesterday and got some things clarified. So let me try to sort this out. Two parts: one, the half-million of Mary Ellenâs pledge; two, Mary Ellenâs will. On the first, like I said a couple of times, thereâs no question about the funds being available. The question is getting the probate judge to release them prior to settlement of the estate. Itâs not a slam-dunk, but with Stevenâs cooperation Iâm pretty sure we can persuade the court that Mary Ellen intended to give the historical society the money right away, and that the society relied on that expectation in breaking ground, et cetera, et cetera. The point is the money will be there, and I donât want you to be concerned about that.â
âIâm not. I know you canât talk about her estate, but I trust you that thereâs enough.â
âIâm not talking about the estate nowâjust the cash. Thatâs what the society needs, and itâll be there. See, Mary Ellen agreed to sell the land out at Birch Brook to Frank Nilsson and Luke Dyerâmostly Frank, but Lukeâs got a piece of it, in addition to doing the construction. Mary Ellen signed the P and S in early June.â
âP and S?â
âSorry. Purchase and sale agreement. Anyway, she was never really comfortable about it.â
âAbout selling the land, or about the price?â
âBoth. Dan, Mary Ellenâs husband, bought that land from Paul Dyer, Lukeâs dad, just a couple of years before he died.â
âWhoâSwanson or Dyer?â Julie interrupted.
âBoth, as a matter of fact. Paul Dyer died about a year after he sold, and Dan Swanson died maybe a year after that. Anyway, Dan really loved that piece of landâgreat views, river access. I think Mary Ellen got to feeling guilty about selling it, or maybe she figured she could do better, but she asked me to put a clause in the P and S that gave her some time to think it over. Frank was naturally eager to get it settled since he and Luke had to line up financing for the construction. I think he recognized that if he didnât allow the back-out clause Mary Ellen wouldnât sign, and heâd have to delay. He probably figured sheâd just let the date ride and the deal would go through. Which is just what happened. And so the money will be available very shortly. Weâll go to closing next Monday.â
âBut who sells? Steven, I guess.â
âNo, Iâm the executor of the estate, and I have full power to close the deal since the back-out date passed.â
âWhen was that?â Julie asked.
âToday, as a matter of fact. The clause gave Mary Ellen thirty calendar days to withdraw without penalty, and thatâs July fifth.â
Julie was idly doodling on the yellow pad in front of her as the attorney talked, but when she looked down she saw she had written âJuly 5thâ and underlined it. âHold on a second, Henry. You mean that if Mary Ellen hadnât been killed on Tuesday she could have backed out of the land deal?â
âHad until today to do so, like I said.â
Julie couldnât believe that Henry wouldnât see the significance of this fact, but she decided to let him continue, assuming thathis part-two item would cover it. âOkay. Go aheadâyou said the second thing was the will.â
âRight. I need to ask you a question about that. Frankly, Iâve been sort of putting this off because I wasnât sure about what my duty wasâI have a dual duty on this, to the estate and to the historical society. But I talked to Steven about it, and he agrees I need to ask you just to be sure.â Henry hesitated, and Julie heard him take and swallow a sip of something. âJulie,â he resumed, âdid Mary Ellen mention anything to you about changing her will to benefit the Ryland