New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-11-14
THE VIII or JOHN O. HAMILTON.
HOW HE DISPOSED or HIS PROPERTY.
NO CONTEST TO DE MADE-CONFLGCriNG CLAIMS
COMPROMISED


COMPROMISED
The will of the late John G. Hamilton was
filed yesterday FOR probate In tho surrOgatet office
Mr. Hamilton first bequeaths to bis daughters. Char
lotte Adelaide and Alice all his furniture, silver plate,
china glass and household furniture. pictures cngraY-
ingS. buss, books maps. wines and other liquors and
provisions in his residence except the portrait Of his
wife and his own Photographic likeness which he gives
to his daughter Charlotte He deyscs his house and lot
at No II West Twenteth-s to his daughter Charlotte
In full confidence that she will as long as she lives
render pleasant abode for her sisters rs long they
remain unmarried He deyises the land and promises
known tho Hamilton Building. at Broadway and
Barcay-st, TO his friend Isaac sherman and to william
g.. Charlotte, Adelaide and Alice Hamilton as joint
tenants. and not tenants In common, IN trust for the
following purposes First 70 lease the stores and offices
in the building lawful conditions they may
deem eXpcdicnt for any term not exceeding ten years
from the termination OF lease outstanding at the
time OF the doath Of the esator secondly out Of the
rents and profits Of the building to pay the taxes
assessments and insurance premiums the building at
the full value aud its annual rental and tho expenses
OF necessary repairs. Should the building burn down
the trustees authorized to the insurance money
I'm rebuilding II. In the Insurance money should be
insufficient to rebuild tho building tho trustees are
authorized TO mortgage the premises ito raise the de-
hcency The trustees then directed to pay ont Of the
rents and profits OF the building the Of $500 year
in quarterly instruments to the estators Robert "a
long "a the trust shall continue The rest Of the rents
and profits of the building IS directed to be paid over
regularly as collected to the testators children Char
loe, Adelaide Alice, Schuyler, Charles and William,
share and share alike The trustees directed 10 pay
their discretion ont Of the eighth part OF the net
income OF the building the One-third part thereof to the
testator3 Alexander The other two-hird OF this
eighth to be paid I'm equal parts TO the three
children Of Alexander Hamilton. The trustees are
further empowered to pay to the testators daughter
Maria in their discretion the whole any OF the
eighth part OF the net % the building The
avOwod purpose OF tho esator is protect her from
the apprchendcd caamcs Of an ill-iudged alliance.
the trustees think il best TO pay to the testaOrs
to pay the rest to the tesators children Schuyler |
Charles William Charlotte Adelaide and Alice The |
Alice II any Of the legatees should happen to die |
before the execution OF the trust their share IL to go
Tie quests are not capable Of being disposed OF by |
Upon the death OF Charlotte aud Alice the trust property
Il given IN simple the surviving children their
heirs or assigns and the hoiIs assigns Of Charlotte
and Alice, share ard share alike.
II also provided that in the event that It shall be
deemed eXpcdlent to'sel the Hamilton Building, the
children named trustees or executors under the viii
shall have the right to become purchasers Mr.. Ham
iton declares tat IT his purpose 10 make his viii
conform 20 the laws Of This stale He has bad I'm view
the best interests OF such OF his family as might need
provision His daughter Eznbotl Wa, auply provided
Tor j.; her Respectable droea5ea husband &nd ING
tutn that the viii had attempted to an an
lawful trust. It Is provided thdt me Hamilton Building
shall 20 70 the children amt their Issue named in the
trust be held tenant, in common and not as Joint
tenants. Mr. Hamilton also bcqueatha eight lots OF
laEl ia Eighth ave-. between Ninety fourth and Ninety
httl-St., as fo0W3: To his daughters Charlotte. AIDE
lade and Alice each two lots; 10 his william G..
and Charles each lot. Nr. Hamilton requests his
daughter Charlotte 20 cause TO be publ .od within four
months after hi, death 200 copies o! "citHln o. his writ
ing- enumerated IN catalogue mentioned IN the WILL
and 10 copic, o. a history of his lie and bis
sloul nee. which had been prepared for publication by
himself He hclEedths the income arising from these
writings and the cOpyri-H OF The Fedcraiist to his
daughters Charlotte, Alice and Adelaide. lie leaves |
tie Of ~ .2up - be divided between William BDhy
On. tIe late Mira. Iiamiltons sister Justine and
the representatives OF any of her deceased children.
Tine residue OF tine tcsators personal estate Is wen 20
his dIu -!lters Charlotte. Adelaide and Alice
The VIII bears date January l3. ISL Charlotte |
Adelaide and Alice Hamilton and Isaac sherman are
named rs executors. By c0dicl William g. Hamilton
is substituted I'm the place of Mr. sherman. by
cojcil dated June :, 1882 Mr. Hamilton gives the one
ninth Of the income OF the Broadway property to HI,
daughter Elizabeth.
Surrogate Rollins yesterday granted an order permit
ting William G.. Hamilton. the temporary administrator
of hi, fa hers estate tO the necessary repairs To be
nude the Hamilton Building and TO pay the cN-
pcu-c3 which had been incurred since Sir llauiltuus
death. The estate OF Nr. Hamilton >ti 30 De valued
Nc about Sl.COOOOO. The persons interested in tho
estate rs well those Interested in the estate OF the
late Maria l.. Hamiton. have agreed to compromise |
turir conf cling claims, There VIII therefore be con-
lest OF tuc win OF Mr.. Hamilton. ana the suit recently
iu 90 contest the Will OF Maria J.. Hamilton will he
iiscor tnUcd. The exact terms Of the com 'iOui,e |
could not be learned. 1t is said 10 be satisfactory al
concerned.