The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1884-10-04
The VIII Of j. w. Garrett

Joan w. Garrett was filed tc.dow
u Is dated Deer Park, Aug. 3 1881
and witnessed by Andrew Anderson
3: spencer and w. s. Townsend'
6 ne gives to. bis sons Robert and
Inomas Harrison Garrett and danoh-
yer Mary Elizabeth Garrett and The
SURVIVORS or the survivor of them
ana their heirs all his estate real and
personal and mixed, subject tn Ger
ram trusts. One trust ia to provida
$o,OOO annually for the relief of the
poor of Baltimore. Another trust is
that out of the net income
OF the estate to devote $50. GOO
annually to such objects of benevo-
renee, to educational purposes. to aid
vlrtuous and struggling persons, and
10 such works of public utility as are
calculated to promote the happiness.
usefulness and progress of society.
AS IN this clause of my will I dispose
OF certain shares of my stock in the
baltimore & Ohio railroad company.
L deem 1t proper to indicate my rea-
sons for making the disposition of
that stock as herein provided. While
the City of Baltimore holes its large
interest in the stock of that cOmpanv
and the John Hopkins Universi ity
by following the advice and recon-
mendation of its founder it contin-
ues to be the proprietor of such a
large proportion of the companies'
shares and while the shares of the
stock which l bequeath to my trus-
tees remain in their hands or their
successors, I feel confident that the
three large prOprietors cc-operatipg
with each alike in the interests, in
the wealth and growth of Baltimore
will control the management Ct the
road and its trustees In that city. 1 !
am therefore desirous that said trus-
tees and their successors shall retain
the ownership of the shares of stock
hereinafter mentioned in order
to aid in carrying out the
line cf policy which 1 believe |
has accomplished great results alike |!
beneficial to the City of Baltimore
aud the State OF Maryland, IS we'll as |
to many other States and commune
ties which have teen brought by the
& Ohio railroad into close
business relations with the City of |
Baltimore. 1 believe the policy of
this road so as to bring the
greatest benefits to that city has
been wise one for the road and city
and also for the States and c0mmu.
mites reached by it and its cooper
ating lines. My children, who act
as my trustees, are we'll acquainted
with the line of policy approve in
with the Baltimore &
Ohio railroad, whose improvement
md development have constituted
arge part of the work of my lite,
md 1 have confidence that in
representing this stock they
will, as far as it is
n their power, cooperate with the
'ther proprietors of the capital of the
in carrying out such policy.
It IS therefore my Will and [ order
md direct that said trustees and their
uccessOrs IN this trust shall cut of
nv estate hold thirty thousand shares
# c 'mmOn stock of the Baltimore &
ohio railroad company for twenty II
'ears after tie date of my death at
which date the distribution and
livision of such stock at the option
f the parties interested shall be made
n equal parts to the children before
FAMED as my heirs. During said
'eriod { f twenty years alter the date
f my death, while such stock is so
leld by the trustees and their sue
essors they shall pay net income
herefrom to said three children, who
re not only made the trustees, but
lso the execute, 8 of my will.
1t is understood that 10000 shares
1 81 Df hn oil l
Ohio railroad company, in refer
nee to which directions are given,
onstitute the individual holding OF
nat stock by the late John w.
Jarrett, and do not include the large
oldings of that stock by the firm of
.obert Garrett e. Sons, which . +.
ccOrding to announcements in
apers, is now constituted of Robert
Jarrett and Thomas Harrison Gar
ett.