The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-03-02

Ibe division Made OF His Estate he.
tween His widow, Children and
Grandchildren.
New York World.

New York World.
The will of the late Fernando Wood was
presented for probate at the Office of the
surrogate yesterday afternoon. He directs
that tho sum Of 5000 be paid to his son,
Joseph r. L. Wood, within twenty days If.
ter bis death. to be applied by him in de-
irsyiug the current expenses of his house.
hold as established at the time of his death,
including the personal expenses of his willow,
Alice NJ. Wood. this provision and that
thereafter made in the will to be received by
Mrs, Wood in lieu of DOVER and all other
Interest in the estate. 0ne.fourth Of the
residusry estate is given to the United States
Trust company in trust, the income to be
given to Mrs. Wood during her life, and at
her death to be transferred to such of her
children as then may be living, or 10 the issue
oysueh Of tho children as then may be deceas-
cd, leaving issue, share and share alike, per
stripes and not per capita. This one-fourth
part Of the estate is TO be paid over TO the
Trust company rs rapidly as can be consis-
tent with tho best interests of the estate,
and until the ascertainment and payment of
it the executors are directed to pay over in
advance to Mrs. Wood sufficient sum per
anpum to make up TO her an annual income
Of SO ,00o, such advance 10 be charged against
and deducted from the share to be held in
trust for her. Should Mrs Wood through
failure ia health become incapable Of iaan-
aging her own affairs the will expressly di.
cects that the Trust company shall properly
apply the income ID the trust to her use so
IS to secure her personal welfare, and ia this
connection tho will gees on to say ~ charge
tt especially upon my executors that they sue
TO the proper caro- and protection Of nv
widow in case Of her mental or physical IN
ability 10 90 80 for herself and hope that al
my children will SEQ that she be provided
with cry comfort aud every necessity duo
to her position and the many virtues she
possesses IS Il pure, elevated and christian
woman and as tho widow of their deceased
father"
10 tho son Joseph I. Il. Wood is left the
house aud lot No. 325 Wost Twentv-seventh
street and $4,000 in trust, the income of
which is 10 be given TO Nr Woods sister
AlbIni2 during her life, and Mt her death the
house and lot are TO be sold and, with the
$4,000, added TO the residuary estate. In
arriving at a division of the resduary estate
al! Gums due the teStator ut the time of his
death from his sons Joseph, Fernando md
Calhoun, or any Of his children, are to be
added to and estimated rs part of the re:id-
uhry estate aad be ceduCtrd from his or her
share Of said residgary estate, snd in aseer-
taining the amounts SO due from The children
all Items are to be included, whether ronre.
sentlng debts which would otherwise be
barred by the statute Of limitations or not.
The family tankard, coming from the tes-
tstor's motheFs material ancestry" is given
TO his son Joseph. His witch is given to
hi' goa Fernando. The imperial photograph
Of mr. Wood ia given to his son Calhoun.
The portraits Of himself and her mother is
given to his daughter Annie; Tho family
clock to his daughter Catherine. To each
OF has children by his po'ent wife is given a
suitable memeptO Of himself, to be selected
by the executors from the fnmilyplate, furni.
tura or elects and all the residue Of the estate
ia bequsathed rs follows: An eoual quarter
hheroof is TO DO held lin trus! for his wife
Alice NJ. Wood, as hereinbefore provided.
.le remaining three-fourths 10 be devided
| MO rs many shares as thera are childAn now
'N'A'Epf eHS ttc lebuy AluW itNlu, VI CllllrCiI
new deceased leaving issue, per stripes and
not per capita. One of said shares Is givon
absolutely to zach child that ia over twenty
one years old, and one of tse said shares TO
such issue US may be living Of any deceased
child.
TO Richard NJ. L,rremore, Judge of tho
court OF common ploSs, is given 10 trust as
many shares as there may DO minor Children
ut the time Of Mr.. Woods death, 10 be sp-
piled as follows: To each child under five
years ofsge, $500 a year for its maintenance
and education; to each child over five and
under ton years $500 a.ycar; over ten and
under fifteen, $3.50 year; over fifteen and
under ,wen,y-one $1,000 year, and on the
children becoming Of ago the whole sum with
It's secumnlations is TO 10 paid TO them. Judge
Lerremoro is also made the guardian Of al
Tho minor children. To majority of the
tteXecutors is given the power 70 sell or mort,
gage sny real estate. Upon application OF
'dnalority of the executors the cbief-ju5tice
lrlt mo supreme court is authorized to make
cb division OF The rnsiduary estate. None of
nefe executors or trustees are to be required
give any bonds or any security whatever,
" 70 soma Joseph and Fernando, with Judge
he Ntemore,are appointed executors.
as, The will ia dated August |, 1877, and il
eft messed byJ Henry Work, No. 5SS Mad.
81. avenue, snd Julian I. Davies, No. GO
No. III.