Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-12-14

OUO Ci the hrst mortgage bonds OF the last
named company due in the year 1900
bearing interes, at the rate of ! per cent
per annum; $1,000 900 Of the sinking fund
bonds OF the Chicago and Northwestern
Railway Company, due in the yeat 1929,
bearing interest at the rate OF . per cent.
per aunum; 81, 900 900 OF the sinking fund
bonds of the last named company due in
the wear 1929, bearing interest at the rate
Of ) Der cent. per snnum; 81, 00O, 600 OF
the general consolidated sinking fund
bonds OF the last named company,
due in the year 1915, bearing interest at
the rate Of I per cent per annum; $1,000
GOO of the mortgage bonds OF the New
York Central Railroad Company, due in
the year 1909, bearing interest at the rate
of : per cent per annum and 81 GOO, 600
Of the mortgage bonds OF the New York n
Harlem Railroad Company, Due in the
wear 1900. bearing interest at the rate OF I
per cent per snnum, making in the aggre-
gate $40, 0UO, 900 Of the above named BE-
c%urities at par in trust, to divide the same
into eight equal parcels of ) 5,OOO,O 600
each, and each of said parcels to contain
an equal amount of each Of the above
| specified kinds Of bonds set apart,
and hold one Of said parcels in
trust for each of my four sons, Cornelius,
William h, Frederick W. and George ".
Vanderbilt and one Of the said parcels in
trust for each Of my four daughters herein.
before named, and 10 collect and receive
the income of each Of said eight trust funds
and pay the same over "a it accrues and
is collected 10 the beneficiary for whom it
is set apart during the natural life Of such
beneficiary, and direct that no payment
be made in anticipation Of such income,
and that no part Of the part of the princi-
psi Of either of said trust funds be paid
over or slienated or transferred during the
lifetime Of the child entitled to
the income thereof. And upon
the death Of each Of my said
cbildrsn-I direct that the principal OF the
, fund so set apart and held in trust for him
O. her be paid to his or her lawful issue in
such shares or proportions as he or she
may by last will have directed or appoint
ed, and in default OF such testimeptsry di
r~ection, | direct hat such fund De divided
among his or her lawful issue in the pro
portions iu which they would be By law Ell
utled hereto had my child so dying, died
possessed thereof 10 his or her absolute
ownership. In case either OF my sons
should have no lawful issue | direct that
the fund so held in trust for him, be di
yided among his brothers, him
survi ing, and the issue Of any
O! his brothers who may have
died before him such issue to take the
share. which the brother SO dying would
asye taken if hying, and should either OF
nv daughters leave no lawful issue her
. surviving, | direct that the fund so held in
;rust for her be divided among her sisters
living a. the time of her death, or should
any Of her sisters have died before her,
leaving issue, such issue shall take the
share which such deceased sister would
have taken ii living.
Eighth authorize the trustees OF the
said several trust funds TO receive and re
invest the proceeds Of the bonds SO given
10 them in trust, as they mature, and also
in their discretion 10 change from time to
time the investments Of said funds, but
direct that thew at all times keep the said
priucipal of the said several trust funds re-
. spsctively in bonds Of the nited States oil
America. or Of the State or city OF New
York, or in mortgage bonds OF the New
York Central and Hudson River Railroad
Compapy, the New York and Harlem
Railroad Company, the Lake Shore and
Michigan Central Railroad Company or
the Chicago and Northwestern Rail
way Company, or bonds guaranteed By 1t
or some one or more OF said specific &C.
c%urities. They may change such invest
ments from time to time and may also invest
in bond and mortgage on unincumbered
real estate in the State Of New lork, and
they may apply to the Refreshments OF the
principal of said trust funds or either Of
them any OF the securities Of the classes
! above specified which | may have on hand
at the time Of my decease at their market
value, OF the time of such application aud
| direct that all securities In which such
trusts shall from time 10 time be invested,
ne taken and held By said trustees IN the
names Of trustees Tor the parties re'pec
lively for whose benefit the
funds are severally set apart and
held go that each OF said
eight trus, funds shall be kept separate and
distinct from the others and the accounts
thereof shall be separately kept. Should
not have on hand at the date OF my De
cease a sufficient amount Of each OF the
descriptions of bonds specified 10 make up
the amounts in the seventh claus, | dlrec'
that the deficiency be supplied with BONDS
Of The New York and Harlem Railroad
Company at par or any other bonds may
have.
N;nth--I give anG Ue4Geath auto nay
four sons and my foar daughters herein
before named to be equally divided smong
them so, 600, 900 of bonds OF the urlteo
States Of America bearing interest at tbs
rate Of four per cent. per snnum. The prin
Scipsl falling due in the year 1907, Ss2V,OOt
Of the bonds Of the New Contra
Railroad Company. payable n the
year 1868 and bearing intereS
at the rate of I per cent. per snnum; $50
!. 600 of the mortgage bonds. OF the New
: York aud Harlem Railroad Company, Pay
= able in the year 1900, and bearing lnteres
: AZ the rate of 7 per cent. per snnum
$1,000 900 Of the bonds Of the Detroit an
Bay City Railroad Company, payable in tn
year 1891, and bearing interest at the rat
Of ) per cent. per annum; $4,000 600 o
the second mortgage bonds Of the Lax
= Shore and Michigan Southern Raltroa'
E Company, payable in the year 1905 an.
hssring interest at the rate Of : per cent
:. psr asnum; 81. 900, 900 Of the mortsas
bonds OF the Pine Creek Railroad Company
\ PAYABLE in the year 1892, and bearing IL
h crest Of the rate of 6 per cent. per annum
81 100000 Of the mortgage bonds OF ID
j, Pittsburg, McKeesport and oughioshsR
: Railroad Company, payable IN u
year 1882, and bearing interest q
Inc rate of : per per annIm
c 81 900 O0O Of the debenture bonds OF 10
. CHICAGO and Northwestern Railway TO
. PAYABLE in the year 1899, and bearin
interest at the rnte Of 81 per cent. per 81
a nun; q O0O, 600 Of the bonds OF the OAK
h IL Central Railroad Co, payable IN II
year 1907, bearing interest st the rate
/ Der cent. per snnumi 400, 900 shares
!, ,bee ~rsnital stock of the New York Centre
, and Hudson River Railroad Co, 5000
shares of the capital preferred stock OF Il
CHICAGO and Northwestern Railway Ci
aNNER n z 2