Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-12-13

dlateIy appeared before Probate Clerk
Ctarles Beckett, for the purpose of fling
toe will OF VIM. II. Vanderbilt. The fol
lowing is copy of the document;
The VIII.
'I, Wm. H. Wander Bilt of the city of
New York, do make and publish my last will and
"First-I devise into my beloved wife, Maria
louita, for ana during her natural life. the
dwelling-horse in which now reside and the lot
Alter describing the property the will con-
tinues:
and during her natural life, the three lots of
land on tie uortaea stcrly corner Of Madison 49,
enus and Fifty second street IN the city of New
e9tK, together with the stables and implements
thereon erected. also give and bequea to her,
for and during her natural ie all the paintings,
pictures, statuary and works Of art viii n may
own at the time of my decease, except the por-
trait and the marble bust of my father, which
have beGueaihed 70 my son C0rncllus. also give
eud bequeath to her, for and during her natural
life, all the furnitrre ofevery description, inc ud
IDg plate, silver library, ornaments, mus cal in
Etruments, and other articles of household use
which II y at the time OF my decease be in ap-
puTteH3ut to my present residence, and also all
horses, carriages, ha ness, stable furniture, and
such implements which may h ave on hand at the
time of my decease, and usually kent in my said
stables on Madison averus and Fifty eeond
street; and / empower my wife, during her life
to exchange or dispose of any o. my said house
ures, ST ituary and works Of art. also z We md
bequfth 20 my said wife an annuity o. SIC. 90
per mum duflng her ngtu'al lif-s bs COM
pGJed from the date oi my Dc case and D id to
her in equal q1artSriy Yearly payments there
after. And / c.roct faat "a sum suficieIt to pro-
duce such sEnu''y be set apart, ami at ali times
safely lnve.tcd uy my executors, for II pur-
posesdgFtnE the lie of nv wife; and endow her
y "-sp0ie by VIII, OF SJto,OU OF the plncipai of
sns same a directed, 20 ne Sc apart in any nan
ncr she may desire, and w7ich shall be legal.
All taxes, asse sments and charges which may be
imposed on the real estate devised to my wife for
life shall be pay BILE by her dU ing the saue pe
riOd; and | declare that the foregoing d-visAs
10 % bB ~ H.
SecOnd-i devise unto my iauzktsr, Margaret
LOUISA, wife OF + iiotJ L. shepard, her heirs aud
sides, and the lot on which it stlad- (which ot
The, W Il then desedbssl, at Fiity-second stree
and titJN Sygnue, southwest corner, tpgetht r
with ali my right in fifth avenue and Fifty-sec-
Npa street IN front OF said premises.
IhlrdI7I cevise TO my daughter, Emily Thorn.
wlie Of william sloane, her heirs and assigns,
the middle oUe Of the three no uses erected by ne
on the westerly side OF Fifth avenue, between
huty- hrst and Eiity-second Streets and the lot
On which il stands,
Fourth-I devise unto my diurhter. Florence
Adele, wife of Hamilton Mex, TwOm h7ey her
heirs and assigns forever, the lot of lard en .he
southwest corner OF Fifth svenue AMI Fifty
fourth streot, in said ety, and rart OF the LOT in
the rear thereof, fronting on Fifty-fourth sire,
I hese pr misCs ara then described Hnd the will
contlnues}, toscther with the dwelIins-hnnes
erected on sad property, and all my right, title
and interes and TO the street and ayenue
bound NJ said premises.
Fifth devise unto my daughter EIizaO wife
Of W N. ,; Nebp' Z heir aud assigns. fOrevar
the lot 81 land on tho west side OF Fifth averuo,
~
scrIbed in the mex. Preceding fourth cause of
this will and ESQ the ming part of said rear
& ,IC Lroh-s on Fourth street; tne strip cflsnd on
the "aSteriy sldc CT SAID lot fronting on Fifty
tgdtth street, = given TO my daughter Eliza o..
and the o4Sterly line OF said lot be sh .ped in
such mannnr as shan be- or has been, devised by
che architect in charge Of the erection OF said two
aeuses, bat keeping as neary as possible in ths
b mePsions hereiH be ore de cribed.
5iXth-Sh luld the dwelling he src5 now being
erected for my daughters, florence Adele an d
Eliza o., upon the tRa lots of land devised them
n IN | a
that they he completed As soon as possible there
sEer et the eXpeose of my est sts.
Seventh 1 give aud bequeu h to @ trusIees
hrrein ttter appointed $4,000 of bonds of the
United 5 ates o. Terica be ring interest at the
ing que in ih5 year 1907: . 09006 Of second
mortg 80 bonds of the LAKE Snure and Mich, "a n
SHGthe1n Hailroad Company, due in the year
At5' hefflnR interest 1t the rate of per cent.
rer an:.um SSOO,p]e Of the FIRST mortgage bonds
OF tno last named COMPANY, due in the year 1900,
Gearing tote est at the rate Of per cent per an
mum; s. t0J GOO of the sin ing fund bonds of tn
tlieagC and Northwestern COmUnny, due ia the
gear 1873, bear ns intcrest at tho rate of per
bon of the last n ined c)mpIny, due in thc year
1929 airing Ia crest at the ate of sereont per
nnnumi s2O0iU Of the genera consolidated sink
ing furi bends o. the last named COMPANY, due
in the year 1918, ecaIng interest at the rate OF
bonds cftho NowN ok Central Rail-, Dad COmI tny,
yea ia the year 1905, ctsiug interest 1t the rate
mortgage bonds of the \ ew York ana Harlem
Rlirt at Company, duy IL the year 1900, bea ring
saSns IN IN y ss es g c $685. Of Ref bS Snhg abo3c
named secaritie, at pa p, m trust. to divide the
Same ~ eight equal parcels, of s5,n01,JO0 each,
anu each 4 said parcels to contain an Uqu2i
amount of each above spe siGcd kinds of bonds, 10
get art and hold one Of so' parcels in tru for
lex, jr., aud Georgo W. Vanderbilt, ana Que Of
sad parcels m trust for escl Of a. four daugh-
ters rytnhclurs name 2, aud to 60 lect and re-
Ceiye the inc me OF zach aud eight rust funds,
and pay the sling over as II ryes and Is cu :
Cd sl ne tHF "a FGN
dirort tn & 90 payment be mace in ntic '.st OF,
vt such Income, ami that no part OF the principal
over "r altenatc or transfer cd .duri :
the lifetime ct the child entitled to tn
each yrmy said childr. dire tho priucip,l OF
The tunu 80 81 apart an cid in tru fo- him or
SHARES = proportions as he or sh, may by last
viii Nave directed OF appointed. au' in ueto ull
81 such test lmeutary direction direct that such
iuud be clylded among hls or her lawful l7sue IN
the proportions in which they would be by law
EMIT ed thereto had my child 50 d5iaG die p .
Sc sed III reot in h 5 OF her shs lutte owner hip,
In ease q ither OF my CONS should leave no lawful
issue direct that the iund 50 held IN tru .oI
him be divided among his brothers surviving him
an. The sue Of any OF hi, brothers who M ~
have died bot re him, such issue to take tic
share which the brother 50 dyiug would have
taken II living, and should either of my s i'd
dauIhters leave no lawful issue her surviving
direct that the fund 50 held 10 trust for her be
divided among her sis ers living at the time o
her death, or should any of her sisters have died
before her leaving Is ue, such is ne shall tak'
taken 4 living.
E.shth-I authorize the trustees of the said
several trust funds to receive and Teinves
the proceeds Of the bonds so given to them il
trust as they mature, and also IN their discretion
toc'ooge from time to tile the investment o
said trust funds, but direct that they do ut al
times keep the said prime pal of the said severa
trust bon securely invested during the continu
ance ot said trusts, rgspechvcly,'ln bonds OF th'
United states Of America, OF Of the ST te or cit,
OF Nov No-k, or IN mo tgIre bonds of the New
York aud Harlem Railroad Company, the LAX,
M'cllggn
or the Oh cacp A. q Nor hweStern Railroad Com
pany, or bonds guaranteed by il, or some one ol
more of said specified securities. They may
change such iay sStme nts fro n time to time, anC
may also invest in bonds and mortgages on un n
md they may upuly TO tho trust roinvestments o
the princiDal OF said trust funds, ot either o
Spesifed which may have on hand at the tim
Of my doeease at their market value at tine time 0
in which said trust funds shalt from time tim
be invested be taken and held by said trustees II
ly, for whose bsuth fit the fuud- are severally Sc
apart aud held so thai each OF sad fund
others. aud the accounts thereof shalt be sepa
rateiy sept. Should not have on hand, ut -
the descriptions Of bonds specified to make up IA
amouuis in tha seventh clause, direct hat III
deficiency be ,uPplied with bonds Of the Ne'
York and Harlem Railroad Company at par, o
other bonds may have.
Ninth give and hcqueath unto my four sou
and my 'our daughters bareinbcfore named, to b
equally divided among them, SIC, 0,00O, 900 OF bond
of the United States OF America, be rR interes
at the rate Of per cent. per apnum, the prlncipa
falling due in the year 1907; S92O,uO of the bo nd
of tho New York Contra Railroad Company, pay
rate Off per cCns per apuum; S eco of the mort
Fsse boads 4 tue New York aud Harlem kHi rOa
Company, plyab,e in the year 1900, aud bearIn
interest ~ the rate Of : Ter cent. per annuH
SlOoh,'t0 of the b. ads of g Detroit and Ba Cit
hall-oad 9 C'mpaGy pay-ble in the year 1881, an
beaTiny interest at the rata OF per cent per an
nun; S,OOt.0Ol of ihc second Uu-tl age bonds O
the Lake hore and Nich'gna Southern hailroa
Compluy, payable ia tho year 1903, an
per aunum: SS,Ol10Ol of the mortgag
buuis OF the Pine Creek Railroad Company, pay
able in the ye laS2, a-d be ring inter 81 at tn
rate ot6 per cent Per annum; S2,0ou,i0l of III
mort-HFe ho d. OF the PiJtsbu g, Mcke Sp1r
and NoughlovhnCy Rail- Dad Com pany, payall
the year 1882, and bearing interest at the rat
OF per cent. per unuum; S3,Ol0.on of the de
beuture nos OF tas CD cagO and Nerthwr sterl
Raj road Company, payable in tie ye 1882, an
mum; s., coo 90 Of the bonds the Dakota Cen
trail Railroad Company, payable in the year 1891
and bOaring inler.st at the Ia'c o. per cent pe
annu ; 4O,OU shares st the nit
It ck OF the New York Ceutfsl and Hudson kive
Rliirosd Company, $1,000 shares % tn capi
preferred stock of the Chi ago and Nor hweSyor
Rrircsd Company. hn,tO0 shares of the capiti
Rtllcoad Company, icrkiog. IN the sggreFst,
Si1 0Q,,SJ OF secuQdss AZ par, . Do divide
among my q, to.s named el hit children in sue
mRnaot 10 equa' amount rs nearly $ may
Of ch sind at securities shalt he allotted
each child. Should l not have oa hand at II
time of my doeease 4 sufficient amount of bone
and stocks of all the above descriptions name