Savannah morning news. [volume] (Savannah) 1868-1887, 1885-12-13


road Company, payable in 1881, bearing
interest at per cent. per annum; $3000,.
wv OF Ihe second mortgage bonds OF the
Lake shore and Michigan Southern Rail- |
road Company, payable in 1908, bearing
interest at per cent; $4,000, 600 OF the
mortgage bonds of the Pine Creek Rail-
ROAD Company, payable in 1882, bearing
interest at per cent; $4,000. 600 OF the
mortgage bonds of Pittsburg, McKeespOrt
and 1eoughany Railroad Company, pay
able In the year 1882 and bearing in
terest at the rate Of 7 per cent; $4,000
OVU OF de6enture bonds OF the Chicago
ana Northwestern Railroad Company,
payable in 1888 bearing interest at per
cent; $4,000, 900 of bonds OF the Dakota
central Railroad Company, payable in
19Oi, bearing interest at per cent and
guaranteed by the Chicago and North
western Railway Company; 10000 shares
OF the capital stock of the New York Gen.
tral and Hudson River Railroad Company;
50,OOO shares Of the capital preferred stock
OF the Chicago and Northwestern Railway
Company; $4,000 shares of the capital
stock of the Lake Shore and Michigan
Southern Railway Company, making, in
the aggregate, $40, 900, 900 Of securities at
par to be divided among eight children in.
such manner that equal amounts, as
nearly as may be, of each kind OF security
ELIAS BONDS.
He directs that the bonds and stocks
bequeathed TO his daughter Eliza o. DO
not delivered to her or placed under her
control till she attains the age of 30 years,
but that they be set apart and held for her
by the executors; in the meantime that
the interest accruing thereof be collected
by them and paid over to her as ii is re-
celyed until said bonds and stocks are
delivered to her. He then makes pro-
vision for dividing the funds If said
daughter Eliza o., should she die
before attaining the age of 30 years,
leaving children. Should she leave no
children the property is to revert to the
estate. He bequeaths to his son Cornelius
$2,00O,000 in addition to all the other
requests contained in the will. Upon the
decease Of his wife he devises to his son
George for and during his natural life the
property bequeathed to his wife for life;
also to his son George for and during mis-
natural life, all the pictures statuary, and
works of art, except the portrait and
marble bust of his father, which he be-
queaths to Cornelius; also to his
son George W. all the furniture, car
riages, and other chattels mentioned in
the first clause of the will, for and during
his natural lite, and after the decease OF
his wife and son George w. to his son or
sons, if he shall leave any.
A GRANDsoN's PROSPECTS.
In case his son George leaves no son
the property is to go to Mr.. Vanderbilps
grandson, William II. Vanderbilt, son of
Cornelius, and he is to also have 81, 900, 900
without regard to his son George dying.
He bequeaths Sl,000,000 to his grandson
William H. on his attaining the age OF 30
years, in case his son George w. shall
ha n cd NIT
William is not then living. The real
and personal estate so given to George
w. for lite shall after his death go to Mr..
Vanderbilts grandson Cornelius in fee,
and in that event also 81 ,000,0 600, the OBJ
ect being that Mr.. Vanderbilt's residence
and collection of works of art be retained
and maintained by a male descendant
bearing the name OF Vanderbilt. No de-
ductiOn shall be made from any of the
Iegacies to the children by reason of any
sums which have heretofore been given or
advanced to or for the account OF either of
them. He provides annuities OF from 49,.
600 to $4,000 per year 70 number Of dis
tant relatives.
VANDERBILT UNIVERSITY.
To the board of trustees Of Vanderbilt
University, of Nashville, Tenn, incorpOr-
ated under the laws OF the State Of Ten
nessee. $500, 000of second mortgage bonds
of the Lake Shore aud Michigan Southern
Railroad Company are left to be applied
to the uses and purposes Of said uniyer-
sity. He also says: II give and bequeath
to the following named societies and in
corporated bodies organized under the
laws OF the State of New York the sums
hereinafter specified, viz: To the DOmes-
tic and Foreign Missionary Society OF the
Protestant Episcopal Church Of the United
States OF America 100000 for domestic
purposes; to st. Luke's Hospital, in
corporated in the year 1850,
$1,000 to the Young Mems Christian
Association of the city OF New York
500, 900; to the General Theological Semi
nary of the Protestant Episcopal Church
in the city of New York, 50,000; to the
New York Bible aud Common Prayer
Book Society, whereof the Bishop is Presi-
dent, $50, 600; to the Home for Incurables,
incorporated in 1915, $4,000; to the Pro-
testant Episcopal Church Missionary So
ciety tor seamen, in the city and port of
New York, $4,000; to the New YORK
Home for Incorporate Men, $4,000; to
the New York Protestant Episcopal Mis-
sion Society of the city Of New DIRK. $780,
600: to the Metropolitan Museum of Art,
incorporated April 10, 1870, 100000; to
the American Museum Of National His
tory in the city OF New York. $50 600; TO
the Moravian Church in New Dorp Lane,
Staten Island, organized under the name
of the limited Brethren's Church." $780,
600.
THE BALANCE OF THE ESTATE.
All the rest, residue and remainder Of
all the property aud estate, real, personal
and mixed OF every description, and
wheresoever situated, he bequeaths unto
his two sons, Cornelius Vanderbilt and
William X. Vanderbilt, in equal shares,
and TO their heirs and assigns 70 their use
forever. Mr.. Vanderbilt's wife, bis sons
Cornelius, William X, Frederick w. ana
George W., are constituted the executriX
and executors of the Will and trustees
OF the trust fund created, pro.
viding. however, that neither OF
the sons shall be trustee OF the fund d.
rected 10 be set apart and held In trust for
him or for his benefit, but as 70 such fund
in case OF each son the trust shall be held
in and be executed by the others OF the
trustees.
The will bears date Of Sept. %, 1884 and
all former wills are revoked.
PRoBATING THE INSTRUMENT.
Chaunoey NJ. Depew and Henry II. An
dersOn are the attorneys representing the
state. On FRIDAY Mr.. Anderson appear
ed before Surrogate Rollins and spoke 70
him privately with reference TO the pro-
bate OF the viii, and arrangements were
made for fling the will az noon to-day.
Mr.. Anderson was given blank petition
erghf IN N