10/15/2026
Settling the Estate—1908-1909
To settle Walter’s estate a detailed inventory of all his property and other interests were conducted. Arizona territorial probate law required a ten-month timeline. On May 25, 1908, the court direct a final disbursement of the estate. Because Walter Vail left no will, one-half part passed to his wife, Margaret N. Vail, and one-fourteenth part each to his seven children: Nathan Russell, Mary E., Walter L., Jr., William Banning, Mahlon, Edward N., and Margaret R. Vail. [Gregory Dowell, History of the Empire Ranch, 1978]
By late 1909, in an amicable settlement, Gates deeded to the Vail heirs his interest in the Empire Land and Cattle Company, the Pauba Ranch Company, all land scrip in the name of Vail and Gates, his one-fourth part of the Crittenden Cattle Company, all interest in Warner’s Ranch, and half-ownership of a California land development company. In exchange, the Vails gave Gates their 4,034 shares of the Chiricahua Cattle Company stock, all interest in the Panhandle Pasture lands extensive real estate holdings in Kings, Kern, Fresno, and Los Angeles Counties, all 52,556 of the Vail shares in the Huntington Beach Company, and a cash settlement of $64,375. [Gregory Dowell, History of the Empire Ranch, 1978]
Photo caption/credit: Map of Empire Land & Cattle Co. lands in Arizona, ca. 1909. ERF archives.