Wichita eagle., 1888-08-08
LARGE CITY ESTATES.
PROPERTIES TIED UP IN THE HANKS
OF TRUSTEES.

Tendency of Large Estates in the City Of
Boston-Life and Individuality of Prop
erty-why It Is So Frequently Held
Gin Trust"
The early part of the century, from
1912 down to 1913. was the era when
many of the later millionaires were either
young men just beginning at the lower
rounds of fortunes ladder. or had ascend
ed the first most difficult steps of the
same, and began to see the prospect of in
dependence within satisfactory reach.
Some were of Boston origin, but many of
these men had started out of homes of
large families on some New England hill
side, or in the small towns where progress
was just beginning to change the PRINT
i've order of things to more modern methods
and conditions. Sturdy and rugged, in
ured to hard labor, and early Taught
economy in the school of actual expert
ence with a fair amount of schooling,
such as it was-and it was good and
thorough as far as it went-and light
heart and scanty wardrobe. these boys
went out in the world To seek their fort
une. Many of them found it in Boston,
where from the humblest capacities they
rose to be heads of mercantile, manu-
featuring and other enterprises of char
acter and extent that were simply sur
prising. They became simply active
instruments III the development of the
business and resources of the country
when the railway system began to make
available their wonderful extent and
riches.
To this class of adventurous. industri-
Gus and successful men of affairs came
riches and possessions of various kinds,
among them being real estate III the best
business and residential sections of the
growing city. some, more clear headed
than others. went more largely into the
acquisition of real estate. judging that.
with the inevitable large increase in pop
ulation, land must become very valuable.
Events justified their Judgment. Some
of these men returned to their early
homes for wives, but the majority Of
them obtained helpmeets from among the
families of their new homes. Children
were born to them, for in those days il
had not become questionable to have fam
lilies, and in cases large ones at that.
These children had to 10 educated ia
way superior 10 that of their parents,
and in the course of this process acquired
new tastes and habits. The sons. espe-
cially, must have college course. with
all that that often means To the sons of
rich men who have large expectat ions
Of course 1t was not alone the sons of
men who had come TO Boston to seek
fortune that filed the colleges The
early Bostonians were also thrifty and
money making. and raised large families,
and left extensive estates. Many of their
sons, rs well as those of the former, in
herited enough of the paternal energy
and ambition to impel them to go into
their fathers counting rooms and be-
come, in turn. great merchants or man
ufacturers; and it is to the credit Of
some Of these families that even up 10
the present day their representatives are
to be found in spicuous positions
either in trade or III tho learned probes
sions.
But it often happened that where the
sons of wealthy parents settled down 10
trade the grandsons did not. and in time
We find old familiar names fading out from
the activities OF orr city. 70 be replaced
by new ones. 1t is. perhaps, fact that
the majority of the so;is Of our wealthy
people are little heard Of after college
graduation. Many Of them have a dis
taste for trade; many choose professions
where they only letter among workers.,
having 10 real incentive, lacking snbi-
ton to work; while others become mere
educated nobodies, with strong tendency
to live extravagsntly, and spend sn the
money they can command The fathers Of
these drones, noting their unwilling
ness or incapacity for business Affairs.
will not leave them the control Of
property which they do not know how TO
manage, and, therefore, n their villa.
leave their property Il the trust OF nea
or corporate bodies II whom they have
for the benefit Of these heirs,
with, perhaps, reversion t. their children.
The incomes derived support these useA-
and, if they marry, tbeir families. IN good
style In some cases these legatAes. hay
Ing scholarly or artistic tastes, 60 abroad.
live and bring up families OF un-AEnerican
children IN England or ca the continent Of
Of Europe. Cases Of tbs kid are lot III /
frequent.
Then tbere is the matter 81 sex IN /
descent. and g. daughters constitute !
abou: one-hslf the total Of the caaiidren Of /
rich people. their provizion Is quite a.
important factor ia the creation Of /
trus. properties. Daughters Of rsch rsea /
are much sought after By daehing but st /
veuturous wife hunters. Exyerseaoe has 4
shown TIA. 70 dover . wife q hex ora 4
control or marriage - 20 practically give I
her fortune 70 hm h1s6&a6. Hov 10 /
guard this property far her own beaef1. /
and for thAs 81 k11 children, Ia la oo1-
side:srsoa Of tie prodcu- father. II his
viii, therefore. h leaves tie dazahSers
share of els property L EEt f1 h<r ben
EFT. o. for that Of her children. With the
night Of reveFxi0o 70 .Ae latter n tie evszt
o! he1 death. .hs krshaxd 20 hav. 20 CO..
trol OF tie sAoe, end tie i1oors 70 10
pad directly 20 ks- q % hsr cAikrs1 ru-
der rcTe-son- Bat even tais Ar~.ul
method Wa found detective Wbe-s -es
husband vac unscrupulous aid sr<,icao1z.
md TIC revsss.on 20 rz.-so1 e..ldrea en-
ah.ed him 20 obtain eortrol Of tie prCp-
srty - tneir natural guAr1ix. II The even.
O. lis vites death. cases ooczzr-ed where
death vas hasseoed BY cruelty AID L.
usage OF bis part To o9s@s tAlz. q oua-
sa6ezAase rsusss5ssG s1kae RQp.yy vss