New-York tribune., 1886-08-10
pFADING MIR. TILDEN'S WILL
MILLIONS BLQUEATHED TO HE PUBLIC.
INV MONEY FOR MS RELATIVES TO De BrLD IN
TiUsr FOR THEM.

INV MONEY FOR MS RELATIVES TO BE BrLD IN
TiUsT FOR THEM.
An air of suppressed excitement was apparent
.c,v.,on. Yesterday morning All the members Of
,n Tndep family the West were present, and they
evidently Ill at ease, for within few short honis
,h. mvstery surrounding the disposition OF Mr. III
dsn.. l,rge estate would be unravelisi. About noon
John Bigelow Andrew H. Green and James {. Carter
drove INTO the park entered the house. Immediately
., dinner ALI the family gathered the library where
.ever vrars ago Mr. Tllden dictated his will or the
amuy present were Colonel Sanufl J Iliden. G"or'e
"a Tlden Mr. nlden's nephew. Mrs. Mary B PeitonMr.
r,d.,s only Arriving sister. the Misses Ruhy AMI
sn.au Tiden and Mrs. Hazard ths uece~ Mrs Henry
= rlaen aud Mrs Moses Y Tiden. as well AS Mrs Pei.
en-. ghier were absent. Private Secretary Smith
AMI ex Park Commissioner Charles f. MssLean. w~re
present
The reading OF the will, which contained over 1900
words. consumed pwari OF an hour. II is mastery
document minute In detail and remark abe in scope 1t
,sunIersto ID that Mr. Tlden discussed niaul-y the
mos, .e problems OF finance associated with the
,rust he creates. The disposition OF the proo
srty created marked surprise 1t was known
mat he contemplated bestowlng large pub
uc benefactious. and many believed that the
Gtamercy Park house would be turned into sort OF
higher school OF and public library for the collection
of rare works OF reference This however. is miscon-
ception The family pledged not to divuse anv par
tcuars Of the Will, but the following facts are confirmed
nv Mr. Bigelow correct far AS they 20; Mr. Bige
low Andrew ii. Green and George ". Smith are named
ex-cutors and trustees with somewhat extraordinary
And uu precedented powers
In carving out his scheme OF public benefac:lon, Mr.
Trden has gvon. ultimately. his entire es'
tate the public with the eHcepr
top OF about Sl5O.O00 The estate Is appraised
nj about 900, although the es, ate Is ran' III
bond. with less fuctuating valne the tul value
nay DO an nnnhiri of the estate in separate equal
fhe maj
,,ss .,tsr. trs. mrs. Mary i. FeltOn. sioo,o3o ana
the house No. IS West Thirty elgnIhst. which lie said
be worth $4,000 acc rdin9 :" n ,ns esse m
tbe execu,ors Tor TIT during lie OF Colonel s'mnei
y Tt'aep george H. Tiiden Mrs COLONEL Pelton. Mrs.
ana MsIFS Mrs 'If Henry USE E % and Nose. T. Tden. But
they nrs to enjoy the "'srrS' %p %py rt'der,s sT
securities will bear. will give them each SlOoOo year
income. After death the sums held III irnsi f3r tne
the rusiees 1T for public beneiaeiions Inc sun I'M
MD ately available Tor public enterprises Is about
house at Gramercy Park. The houses are 10
be sold s1chsnged or rented ss appe"5s eesI ee
The only positive obligations laced upon the trustees
are The fodudlng OF libraries At Mr. 1ldens native iown
trustees, shall appear best to onpH panT @ mUray
in this city, steps are 10 he taken TO ths eh ne! "e
left free to select from the whole range OF Ar u'
education and charity In making use OF the money Ell
Last apparent that the rolatiyes at Gray
stone were disappointed. Mrs. Hazard Mrs Peion.
the Misses Tilden and both the nephews viii rem h
there for some day. 1t was confidently hoped , , 10y
would be divided among them. II ,,ha us even
believed by S S9'eS Goooe Tsep IE' ,o enjoy
(;raystone during life Others believe that he ana
the Masses Iden will rent the pace rom tne % 'O ,
be made known until {; Is filed for probate Wheh ha.
will he Secretary Smith declines to say Nelther -
known whether it will he prooated In iofA OF al
White Plains.