Savannah morning news. [volume] (Savannah) 1868-1887, 1884-10-02
GARRETT'S LIBERAL WILL
THE DOCUMENT THAT OF FAITH
ER AND PHILANTHROPIST.

His Children, the Poor and the Inter
ests of Baltimore all Borne in Mind
"A Continuance of the Past Policy I'm
the Management of the Baltimore and
Ohio Railroad Requested.
BALTIMORE, Oct. The viii of the
late John W. Garrett was fled in the Or
phans' Court Of Baltimore county to-day.
He divides among his two sons and one
daughter and his sister his real estate and
personal property outside OF his railroad
stock. Then these clauses follow:
And. in further trust, that my said trustees
shall, from stocks and bonds belonging 10 nv
estate, select such good interest bearing seen
rites as shall amount TO SlO0.CO0 or, i'm their
option. invest the sum OF 100000 in such a
manner as to produce yearly the sum of 81. .OGA
which said sum desire shall
be paid yearly TO aid in improving the COndi-
ton of the poor in the city of Baltimore. the
first payment to be maize at the expiration of
one year from my death aud 10 continue
thereafter IN perpetulty. IS have yery,fa-
NOrable opinion OF the usefulness and effective
ness OF the present organization or body cor
porate known as the Baltimore Association
for the Improvement OF the Condition OF the
Poor. recommend my said trustees. SO long
as IN Their Judgment this charitable institu-
ton Is efficiently managed. TO give said sum of
$1,000 to said association annually for the nur-
pose aforesaid, and uu0n further frust
-.
the sum of $4,000 annually to such objects of
beneyolence, to educational purposes. TO aid
virtuous and struggling persons, and To such
works OF public utllt as are calculated
TO promote the happiness, usefulness and pro-
gress of society, said amount of $4,000 Der
annum % be apporti0ned 10 the furtherance
of such objects and to the accomplishment OF
such ends, IN the Judgment and at the discre-
ton Of my trustees.
CONTINUANCE OF THE REQUESTS.
1t is my will, and l so direct that the
contributions to the purposes named in tins
clause shall continue during the lifetime Of
my children, Robert. Thomas Harrison and
Mary Elizabeth Garrett, and of any survivor
and survivors of them that the same shall be
continued thereafter by their heirs il the con-
dition of the estate will then justify said an
preparation, | desire that the contributions
and assistance given under this clause of
my viii shall as far IS practicable be devoted
to the promotion Of the objects herein named
ia the city of Baltimore and IN the State of
Maryland, but in case of special
suffering or distress in other COM
munities my said trustees shall
have power to use their discretion and iudg-
ment in relieving the same. As in this clause
OF my VIII dlspo-e of certain shares Of stock
of the Baltimore and Ohio Railroad COMPANY
! deem 1t proper to indicate my reasons for
making disposition of that stock rs herein
provided. While the city of Baltimore holds
It's large interest In the stock of that COM
pany, and the Johns Hopkins University, fol-
lowing the advice and recommendation of its
founders, continues to be the proprietor of
such large proportion of the cOmpanys
shares, and while the shares of the
stock which | bequeath to my
trustees remain in their hands
or their successors, I feel confident that
these three large propietors, cooperating
with others alike interested in the welfare
and growth Of Baltimore, will control the
management Of the roads in the interest Of
that city.
HIS FAVORITE POLICY.
l am therefore desirous that said trus-
teesand their successors shall retain the
owner nip of the stock hereinafter mentioned.
in order to carry out the line of policy
which / believe has accomplished great re-
suits alike beneficial to he city of Baltimore
and the state Of Maryland, as well as to many
other states and communities which have
been brought by the Baltimore and Ohio
Railroad into close business relations
with the city OF Baltimore. believe
that the policy of the management of
this road so as to bring the greatest benefits
to that city has been wise for the road and
city, and also for the States and communities
reached by il and its cooperating lines NV
children, who act as my trustees are well ac-
Quaintcd with the lines OF policy / approve in
connection with the Baltimore and Ohio road,
whose Improvement and development have
constituted large part of the work OF my
life, and have confidence that in represent
ing this state, they VIII. rs far as il is in their
power, cooperate with The other proprietors
OF the capital OF the company in carrying ont
such policy. 1t ia therefore. my will and |
order and direct that said trustees and their
So cceSsOrs in {. e trust shall. out of my estate
mold 10000 shares OF the common stock
Of the Baltimore and Ohio Railroad COMPANY
for 20 years after my death. at which date a
distribution and division OF such stock at the
option OF the parties interested, shall be made
as follows, viz: one third to my son, Robert
Garrett, one third to my son, Thomas Harri-
son Garrett, and oue-thlrd to my daughter.
Mary h. Garrett.
IN CASE OF DEATH.