The Republican. [volume] (Oakland, Md.) 1877-current, 1883-04-21
NUMBER 8.
The Baltimore American"

|
Mr.. c. G. Fulton, proprietor of the
baltimore american, has been ill but
Is convalescent. Although hopes are
now entertained of Mr.. FuIton's ulti.
mate recovery, yet he has deemed it
advisable to arrange his business mat
ters In the event of recurrence of
his attack, and has placed on record
deed making disposition of his
estate, and appointing Gen. Felix
Agnus, long the active manager of
the american, as business manager
ana director. The deed also makes
provision for the immediate family
OF the deceased, including his wife,
iour children by former marriage,
ana the daughter of his present wife.
Inc deed specifically provides for the
conveyance by Charles Carroll Ful.
Ton and Wife to Felix Agnus. trustee,
IN trust the Baltimore Americon and
commercial AdUertiser newspaper, the
building in which american is pub-
llshed, and the house on Eutaw Place
where Mr.. Fulton lives. Mr.. Fulton
Is to retain his right and control over
the property during his life, but after
MS death the trustee is to pay out of
the revenues of the newspaper and
other property S3.OOOa year for life to
Mrs, Fulton, formerly Mrs. Driscoll,
VINO, the deed states, relinquishes her
right of dover upon marriage with
that understanding. At her death
Sl,OO0 a year is to be paid to her
daughter, the wife of Mr.. Thomas M.
Kennedy, for her life. Other proyi-
slons of the deed are that the paper
is to he published under the present
title in the Fulton name. with Felix
Agnus, manager and general direc-
tor, who is TO receive $4,000 and 5 per
cent. year on all rents for his SER
vices. The rest of the income is to 90
in one-fourth parts to Albert X. Full
ton, Mrs. Agnus, Mrs. George Swartz
and Glorina Fulton, the children of
Charles G. Fulton, for their lives, and
then to their children. 1t is left to
them free from the control of their
present husbands or future husbands,
except in the case of Mrs. Agnus, who
can dispose by will of one-half of her
share. The precise value ofthe estate
and interests are not known, but it
is probably very large, the revenues
from the american having steadily
grown, and the prosperity of the pa
per is now an established fact.
In referring TO une cnange aroye
alluded to, the american publishes
the following card "To the Public:"
The undersigned, Charles Carroll
Fulton, sole proprietor of the Balti-
more american, in view of the uncer-
tainties of life and recent severe adj
monitions, that death may come I'M
awares, has recorded a deed at the
clerks office of the BALTIC, Superior
Court, conveying to General Felix
Agnus, his son-in-law, for the benefit
and use of the four surviving children
of the undersigned and their right
heirs, all the rights and franchises of
the Anaericao newspaper, together
with the building, presses, stock and
machinery.
In making this permanent transfer
of the american to my right heirs, /
shall, during the remainder of life,
give to the american all the respon-
sibilities of proprietorship as to its
financial liabilities, and should re-
turning health permit, even take
some active part in promoting the
interests of its column, either by
notes of travel or editorial labor.
This l do so that during my declin-
ing years | may give to the american
and those whom [ intended to be my
permanent successors the advice and
experience of long life of active
newspaper labor. The name of the
firm will hereafter be Charles G. Full
ton q Co,-Felix Agnus, manager
and general director.
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