St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-10-02
1882. 1t notes that the most of the work
this year is being done on branches and
short connecting or independent lines.
Garre,t,s Wfu.

BALTIMORE, Oct. 1.-The will Of John w.
Garrett was filed to-day. 1t is dated Deer
Park, Aug. s, 1884, and witnessed by An
drew Anderson, s. Spencer and W. s.
Townsend. He gives to his sons, Robert
and Thomas Harrison Garrett, and daugh-
ter, Mary Elizabeth Garrett, and survivors or
survivors of them and their heirs, all of his
estate, real, personal and mixed, subject to
certain trusts. One trust is to provide S5, 900
annually for the relief of the poor at Balti-
more. Another trust is that ''out Of the net
income of my estate to devote
ZOO annually to such objects
beneficiary to educational purposes, to aid
virtuous and struggling persons and to such
works of public charity as are calculated to
promote the happiness, usefulness and pro
gress of society,"" The will continues, ''as
in this clause Of my will dispose of certain
shares of my stock in the Baltimore s. Ohio
Railroad company, deem it proper to indi-
cate my reasons for making the disposition
of that stock as herein provided. While the
city of Baltimore holds its large interest in
the stock of that company. and the John
Hopkins university, following the advice and
recommendations of its founder, continues
to be the proprietor of such large proper
tion OF the company's shares, and while the
shares of stock which l bequeath to my
trustees remain in their hands or their sue
cessors, l feel confident that 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, desirious that said trustees and
their successors shall retain the ownership
of the shares of stock hereinafter mentioned,
in order to aid in carrying out the line of
policy which l believe has accomplished
great results, alike beneficial to the city of
Baltimore and to the state of Maryland, as
well as to many other states and communities
which have been brought by the Baltimore &
Ohio railroad into close business relations
with the city Of Baltimore. I believe the
policy of managing this road so as to bring
the granted benefits to that city has been
a wise one for the road and the city,
and also for the state and the communities
reached by it and its cooperating lines. My
children, who are my trustees, are well ac-
quainted with the lines of policy approve in
connection with the Baltimore d Ohio rail-
road, whose improvement and development
have constituted large part OF
the work of my life, and
l have confidence that in the presenting of
this stock they will, as far as it is in their
power, cooperate with the 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 share, out of my es-
tate, hold 10000 shares of the common stock
of the Baltimore u Ohio Railroad company
for twenty years after date of my death, at
which date the distribution of such stock, at
option of the parties interested shall
be made in equal parts to the
children before named or their heirs
During said period of twenty years after
date Of my death, while such stock is so held
by the trustees and their successors, they
shall pay the net income therefrom to said
three children who are not only my trustees
but also executors Of my will.
1t is understood the thirty thousand shares
of the common stock of the Boston & Ohio
Railway company, in reference to which the
directions are given, constitute the individ-
ual holding of that stock by the late John w.
! Garrett and do not include the large hold
ings of that stock by the firm of Robert Gar
rett 81 Sons, which, according to the an
nouucements in the papers, is now con-
stituted of Robert Garrett and Thomas Har-
rison Garrett.