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$182,000 in Depression-era currency hidden in a bathroom wall

 
 
Reply Sun 9 Nov, 2008 01:10 pm
Cash Hidden in Ohio House Walls Becomes Contractor's Nightmare
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.


Quote:
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.

"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."

"I ripped the corner off of one," Kitts said during a deposition in a lawsuit filed by Dunne's estate. "I saw a 50 and got a little dizzy."

He called Reece, a former high school classmate who had hired him for a remodeling project.

They counted the cash and posed for photographs, both grinning like lottery jackpot winners.

But how to share? She offered 10 percent. He wanted 40 percent. From there things went sour.

A month after The Plain Dealer reported on the case in December 2007, Dunne's estate got involved, suing for the right to the money.

By then there was little left to claim.
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Type: Discussion • Score: 0 • Views: 1,384 • Replies: 2
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Reyn
 
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Reply Sun 9 Nov, 2008 03:28 pm
@Robert Gentel,
Thanks for the interesting story, Robert.
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NickFun
 
  1  
Reply Sun 9 Nov, 2008 05:20 pm
@Robert Gentel,
Maybe Bob Kitts should have kept his mouth shut and told everyone he found the money in a cave.
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