Savannah morning news. [volume] (Savannah) 1868-1887, 1886-08-10
TILDEN'S WILL.
One-third of the Estate Left for Rel
atives and the Rest for the Public.

One-third of the Estate Left for Rel
atives and the Rest for the Public.
NEW YORK, Aug. 9.-The will of Sam
uel j. Tilden was read at Greystone this
afternoon by lawyer James c. Carter OF
this city, in the presence of all the rela-
tives except those in the West. The docu-
ment is long one, containing about TO-
900 words and would occupy about
i've columns in nonpareil type in any one
OF the great dailies. Besides the family
there were present the Hon. John Bige-
low, Andrew Ii. Green and Mr. Tilden's
private secretary, George w. Smith. Hon.
John BigelOw was seen by reporter at
his house, No. 81 Gramercy place, and
from him was learned the following facts
about the will Mr.. Bigelow, Andrew Ii.
Green and George w. Smith are named
as executors and trustees.
ALL HIS KINDRED PROVIDED FOR.
All of Mr.. Tilden's kindred are gerer-
ously provided for in this way. The
whole estate is placed in the hands Of the
executors as trustees. Each heir is to
receive an equal share In the line of his
or her cOnsanguinity. That is, nephews
and nieces equal amounts, and
their children certain amounts; but they
are to receive only the income derived
from an equal separate specific
sum, the principal at their death to
be disposed OF in a manner which Mr.
BigelOw could not state. None Of his
relatives, he said, except Mrs. Mary b.
PeltOn, his sister, are given any specific
bequest forever. To her he bequeaths
the residence No. 80 West Thirty eighth
street and the sum of 100000 to live
upon. All of his real estate except this
is placed in his executors hands to be
disposed of as they see fit, either by sale,
rental or exchange, the Greystone and
Gramercy Park property falling under
the same rule.
DUTIES OF THE EXECUTORS.
The executors are first charged with
the duty of setting apart for his relatives
the sums named for them from which
several incomes are to be derived. This
done 1t becomes the duty of the executors
and trustees to carry out his wishes re-
garding certain public benehciaries.
They are charged with the duty first OF
establishing a free library in his native
village, New Lebanon, and also III
Yonkers, and If in the discretion of
the trustees they choose to establish
a free library in this city they may do so,
and If not they are at liberty to use the
funds that the free library would cost in
theprOmOtion of any charitable or edu-
cationaI cause. A great deal Is left to the
discretion of the trustees. In general
terms the relatives are handsomely taken
care OF by the receipt of specific incomes,
which consumes, Mr.. Bigelow says, an
amount not to exceed one-third of his
estate.
PRO BONO PUBLICO.
All the rest and residue is devoted to
public good, and the trustees are charged
with the responsible duty OF choosing
such methods as shall prove the greatest
good to the public in the disposition of
this property. The estate is not as large
as estimated by some people. It's value
has been placed at $40, ,000, 900, but Mr.. Bige-
low says this is double its actual
value. AS regards public Ii
brary for this city, that matter
is left to the discretion of the trustees,
both as to location, size, equipment and
cost. Hence, the city will have the
library If the trustees think that the
funds in their hands cannot be used for
the public to better advantage. The in
strument will most likely be offered tor
probate in this city, the law giving the
executors the right to choose the place
of probate, where a person owns
property III more than one county. Cita
tions will be issued from thei Surrogate's
Court to all the relatives to be present at
the probate. Mr.. Bigelow returned to
Grevstone tonight. Col Tilden, George
Fl. Tilden. Mrs. PeltOn, Misses Ruby and
Susan Tilden and Mrs. Hazard are at
Greystone.