Estate of John Kenly, Deceased, Betty B. Kenly, Personal Representative - Page 4

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            claimed were community property.  The financial statement failed                              
            to list the New Mexico ranch as community property.  In the                                   
            complaint, petitioner requested that the divorce court order                                  
            decedent to file an inventory of all community property.  The                                 
            divorce court so ordered.  In June 1967, decedent filed an answer                             
            to the complaint, which included a list of community property.                                
            That list did not include the New Mexico ranch.  Petitioner made                              
            no objection to that omission.  The action was twice set for                                  
            trial.  The action was not tried and was dismissed in February                                
            1969.                                                                                         
            Exchange of Interest in New Mexico Ranch for Interest in                                      
            Dunlap Property                                                                               
                  In 1939, Frank Kenly and decedent's mother, Zona Kenly,                                 
            bought property near Dunlap Road in Phoenix, Arizona (the Dunlap                              
            property).  In 1974, decedent exchanged his interest in the New                               
            Mexico property for Frank Kenly’s interest in the Dunlap                                      
            property.  The intent of decedent and Frank Kenly was that Frank                              
            Kenly divest himself of his interest in the Dunlap property and                               
            decedent divest himself of his interest in the New Mexico                                     
            property.  Attorney John Hughes represented decedent in that                                  
            exchange.  In a statutory quitclaim deed executed in 1974, Frank                              
            Kenly conveyed his interest in the Dunlap property to decedent.                               
            In a replacement deed signed in 1975, Frank Kenly again                                       
            quitclaimed his interest in the Dunlap property to decedent.                                  







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