Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1888-01-06
THE WAY ESTATE.
It's Executors nnd It's Benenclaries.
Statement in Brief of Receipts and Eypcndi-
hnes-7He Trustees Hare Faithfully
Performed Their Duty--A Library
Buildino in Edrlv Po,peoL


absirNc, OF business matters pertaining to
the management of The Way estate, n,
certified by statements filed by the Trustees
of tlint esiaie In the Probate Office ut
Bowling Green. As this duty is purely
optional on my par,, permit me 10 spy
that the nct is prompted from desire 10
place before my fellow citizen few facis
with which in detail many are nnacquaint-
ed and which few others, misapp'ehend.
A history ol The Object whlch Mr.. Way
inlenied TO accomplish would In itself be
Of much interest to each llongliful per
son desiring the welfare Of their fellow
beings, aud brief outline may lie perti-
nent to illustrate the provisions OF his will,
and the methods OF administering II.
His Pailunitropic Objects and Method, for
AecOmplishing Them.
The primary objects Of Mr.. Ways be-
quests TO the cilizens of Perrysburg were
those ofplOcing such facilities within their
reach as should aid in the requirement Of
higher attainment in literature and science
and these advantages are placed within the
reach of all classes OF persons who may see
proper to avail themselves Of them. He
makes no dstinc,ion OF color or condition.
His objects cover humanity.
The method Of accomplishing this noble
purpose is indicated IN his will. BY the
bequest of 5000 to the Perrysburg Union
schools, the interest IRON which to be APP
piled in support OF the most efficient grad
uale of those schools in some higher insti-
tuition OF learning for period of four
years. The object OF this gift was TO ex-
cite the spirit Of emulation among the
scholars. so that its advantages might be
secured. II the conditions annexed 10 this
bequest are properly observed by the
authorities in control of the funds, this
benefit will accrue TO the successful scholars
in all lime coming. If the conditions are
not observed, this bequest becomes the
property Of his legal heirs.
The second and general object to be &c.
complished ia the bequest OF $4,000 10
the village Of Perrysburg and the further
benefit that will accrue to the Village as
the Residuary Legatee OF tile estate, ia
for the e-tahlishment of public library,
and the erection off, library building with
hall for lectures, etc.,-if his estate, a'
stated by himself, should furnish sufficient
means for that object in surplus over and
above the aggregate amount OF the be-
quests which had been previously named
by him in the will.
In these large beqnesis, which together
will probably aggregate $4,000, there are
absolute conditions TO be observed by the
Council as the legal representatives. Of the
village, and in case of failure in the per-
Torrance Of such obligations, the whole o
these bequests will revert to Mr.. Way'f
heirs-atlaw, in conformity with his will
Mvssrs. HolleI beck and Cook, the aclinl
trustees OF this estate, are well known a
having been the intimate personal friend
of Mr.. Way, and his confidence IN thei
judgment and integrity was such as in.
duced the testator to give them parole au.
thority in the settlement with his wife, au
also IN the sale OF his real estate. In vie'
OF this rn- question artses: Hav
these gentlemen faithfully performed thei
onerous duties? In answer will no
submit statement III general, Of the fact
concerning iheir management which, wit
vouchers aud ilenized detail. are now u
file in the Judge Of Probate's Office
Bowling Green, and are eligible for inspe,
ton by any interested citizen.
Abstract Of Statements Made 10 the Proba
; Judge by the Trustees Of Lie Way Estate /:
First statement made July 10, 1878.
shows amount received. 23,5ll
Balance on nhand....................S 6,523
Second statement made May 81, 1856,
, shows amount received with bal. $50, 23l
~, iO2
Balance on nhand.-.....................s2, 2,s2s
Third statement made Dec. 81, 1857,
: shows amount received with bal...S 5,l55.
Sslo
r Balance OH hand....-.................s l ,2ls
= Bequests and appropriations, Rnid.
To his heirsat- Jaw: 5000