, 1884-10-02
THE DEAD PRESIDENT.
John W. CARROTS Will Filed
For Probate.
He Remembers the Poor and
Struggling
And Does Not Forget His
Favorite Baltimore.
CARROTS Will.

BALTIMORE, October 1.-The will of
John w. Garrett was filed to-day. 1t is
dated Deer Park, August s, 1884 and
witnessed by Andrew Anderson, S. Spen-
Ger and w. 7. Townsend. He gives to
his sons Robert and Thomas Harrison
Garrett and daughter, Mary Elizabeth
Garrett and the survivor or survivors of
them and their heirs. all his estate, real,
personal and mixed, subject 10 certain
trusts. One rust is to provide s., an
nually for the relief of the poor of Balti-
more. Another trust is hat out of the
net income of my estate to devote $50, 900
annually to such objects of ~benevolence,
or educational purposes, to aid virtuous
and struggling persons and to such works
of public utility as are calculated to pro-
mote the usefulness and progress of so
ciety. As in this clause ofmy will / dis
pose of certain shares of my stock in the
Baltimore x Ohio Railroad company, l
deem it proper to indicate the reasons for
making the disposition of that stock as
herein provided. While the city ofBalti-
more holds its large interest in the
stock of that company and John Hop
kins University, following the advise
and recommendations of its founder, con
tinues to be the proprietor of such Il large
proportion of the company's shares, and
while the shares of stock which | be-
queath to my trustees remain in their
hands or their SUCCESSORS, | feel confident
these three large proprietors, cooperating
with Others alike interested in the welfare
and growth of Baltimore, will control the
management of the road in the interests
of that city. l am therefore DESTROYS
that said trustees and their successors
shall retain the ownership of the shares of
stock hereinafter mentioned in order to
aid in carrying out this line of policy
which [ believe has accomplished great
results alike beneficial to the city of
Baltimore and State of Maryland, as well
as to many other States and communities
which have been brought by the Balti-
lAOiC a OlllO lAdillOdu lltO CiOnC lCltlluln
with the city of Baltimore. l believe the
policy of managing this road so as to
bring the greatest benefits to that city has
been a wise one for the road and city, and
also for the States and communities
reached by it and its cooperating lines.
My children,s who act as my trustees,
are well acquainted with these lines of
policy. 1 approve in connection with the
Baltimore & Ohio railroad, whose i'm
provement and development have consti-
tuted a large part of the work of my life,
and l have confidence that in representing
this stock they will, as far as in their
power, cooperate with other proprietors
of the capital of the company in carrying
out such policy. 1t is therefore my will,
and | order and direct that said trustees
and their successors in this trust shall, out
of my estate, hold &c, 200 shares of COM
mo nstock of Baltimore & Ohio Railroad
company for twenty years after the date of
my death, at which date the distribution
and division Of such stock at the option
of the parties interested shall be made in
equal parts to the children before named
as heirs. During said period of twenty
years after the date OF my death, while
such stock is so held by said trustees and
their successors, they shall pay a net in
come therefrom to said three children,
who are not only made trustees, but also
executors of the will"
1t is understood that the 10000 shares
of common stock of the Baltimore K Ohio
Railroad company, in reference to which
directions are given, constitute the indi-
vidual holding of that stock by the late
John W. Garrett, and do not include the
large holding of that stock by the firm Of
Robert Garrett & Sons, which, according
to announcement in the papers is now
constituted of Robert Garrett and Thomas
Harrison Garrett.