The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1884-10-09
TESLA MENT.
MR. JOHN ". oARRErT's WILL
NE Love for baltimore aud the stat. oi
Maryland -roor Remembered -uis
Children His ueirs-Must
Retain Hallway shares.

BALTIMORE, oct. L.. Tho will Of th'
ate John w. Garrett was filed to-day
Il II dated Deer Park August :, lSsi
md IL Witnessed by Andrew Andor-
son Spencer aud ". :. Townsend.
lie gives 10 his sons, Robert and
Thomas Harrison Garrett, and 10 his
laughter, Mary Elizabeth Garrett, and
the survivors, or survivor, OF them
and their heirs, all of his estate, real,
personal aud mixed, subject To certain
trusts.
One trust Is To provide 5000 annually
for the relief of the poor OF Baltimore.
Another trust II that out Of the net In
come ofthe estate 10 devote $4,000 an
nuaily 10 such objects of b~eneyolence
and Ia educational purposes, 10 aid the
virtuOus and struggling persons and Ia
such works of public utility rs are cal.
culaled To promote the happiness, use
iulncss ana progress Of society. The
will continues:
"NS In this clause of my will | dis
pose of certain sharcsof my stock in the
Baltimore * Ohio Railroad company |
deem IL proper To indicate my reasons
for making disposition Of my stock rs
he elm provided. While the city of Bal
tim0re holds its large interests in the
stock of that company and the John
Hopkins University, the fol-
lowing advice and recommendations
Nf its founder continue 10 be
proprietor OF such large proportion OF
tho ~cOmpanS's SHARES, and while Tia"
shares of stock which | bequcath 10 my
trustee remain in their hands or their
successors, | feel confident these three
large prOprictOrS, cooperating with 9th
ers alike interested IN the welfare aud
he growth Of Baltimore, ~willcontrol the
management of the road in the inter
ests of that city. | am DESTROYS
that said trustees and their
successors still retain the ownership of
the shares hereinafter mentioned
in order to aid in carrying out the line
of policy which | believe has accom-
plishcd great results alike beneficial to
the city OF II stOn and 10 he state of
Maryland, as we'll ms To many
other States and commun-
tiles which have been
brought by the Baltimore ~ Ohio rail-
road into close business relations with
the city of Baltimore. | believe the
policy of managing this road so ~ To
bring the greatest benefits % that city
has been wise for the o and the city
alike, and also tor the States and the
communities reached by il,
and its cooperating lines. Ny
children who act rs my
trustees are well acquainted with the
lines Of policy ! approve in connection
with the Baltimore II Ohio road, whose
improvement and development has con-
Sn..t;f' a large R@1Grl of of, the
have confidence that in representing
this stock they will, as far as it is in
their power, cooperate with other pro-
prietors of the capital Of the company in
carrying out such Il policy. Ii is there
fore my will, and | order and di-
rect that the said trustees aud
their SUCCESSORS in this trust,
shall out of my estate hold
10000 shares of common stock of the
Baltimore IL Ohio railroad for twenty
years after the date of my death, Mt
which date a distribution and division
of such stock at the opt y 1 of the parties
interested shall be made in
I equal parts to the children before
named or their heirs, n until said
period of twenty years after the date OF
my death, while such stock is so held by
trustees and their successors, they shall
pay the net income tierofrom To said
three children, who are not only made
) trustees, but also executors Of my Will"
1t is understood that the 10000 shares
of common stock of the Baltimore Il
Ohio company, in reference to which
are these directions given, constitute
the individual stock of the late John W,
Garrett, and do not include the
large holdings of that stock by the firm
of Robert Garrett Il Sons, the member
shipo VI which, according to anno1ince-
ment in the papers, now consists OF
Robert Garrett and Thomas Harrison
Garrett.