The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1889-10-03
JOHN w. LANES WILL.
The Bulk of the Estate Not to &c
Distributed for Many Years.
Hon. Nathan Webb to Act as the
Executor and Trustee.

The will of the late John W. Lane, which
has been looked forward to with great In
terest, was filed in the Probate Court In this
city, yesterday morning. 1t is estimated
that the present value of the property ranges
from $500, 900 to 100000.
The testator gives to his sister Mary N. S.
Pierce of Hollis, If she survives him 81, 900
in money; to hiS brother Stephen P. Laue of
Spottsylyania, Va, $1,000 in money; to
Elizabeth T. N. Lane, widow Of his brother
Marquis ID. l.. Lane, $500 annually during
her life. and after her decease that sum
shall be divided eqally, between her sons
George and Thomas to be paid them annual
ly during their lives, and, if one of the sons
dies. to be paid to the ether This sum is to
be paid Elizabeth, or her sons, annually, or
up to the time provided for the final distribu-
ton Of the testator's estate To his brother
Charles W. Lane, of Standish, he gives ST.
600 annually for life, at his death to be paid
to Charles's wife Maria and at her decease to
be divided equally between her two children
Margaret and john W., or their survivors, or
II dead, to their lawful issue, If any; and
this anuinity shall not continue beyond the
time fixed for the final distribution of the
estate.
He gives to his sister Almeda g vile of
Walter Higgins, $1,000 annually during her
life, at her decease to be paid to her children,
Maria, Rebecca L., Harriet Scoville-wife of
Geo. Scoville-and Mary l.. Love-wife If
William Loye-in equal proportions, and
| their issue, If any, under the same conditions
asthe other mentioned requests.
He gives his sister Susan M. P. Lane. of
Hollis, 1871 200 annually for life, and to his
sister Ellen b. Snow, the same amount on
| the same terms.
All the annuitles are to be paid semi
annually, and any annuitant will forfeit his
or her right to any further payment If they
shall anticipate, pledge or assign their right
to any semi-annual payment.
All the residue of the property is devised
to Nathan Webb of Portland as trustee, to
be managed until the testator's nephew,
John w. Lane, shall attain his majority.
The trustee shall use all the net-dividends,
rents, income, after deducting taxes, in
surance and repairs, and reasonable COM
pensation for his own services, to the pay
ment of the legacies and annui ties, and the
balance to the reduction of all the mortgages
ON tee testator's real estate until all the
mortgages are extinguished and the real
estate is unincumbered
At the decease Of the last survivor of the
| four persons named, to wit, brother Charles
and sisters Almeda, Susan and Ellen, the
| trustees shall convey and distrbute all the
residue Of the testatvr's estate and property
to his nephews and nieces. grandchildren of
| his parents) who may then be living, and
their lawful issue and lneal descendants
| SAID nephews and nieces and their descend
ants taking by right of representation and
not per capita, In order that each of the
| brothers and sisters of the testat0r may be
| represented by his or her lineal descendants.
at the death of the last survivor of the four
| persons above mentioned the final distribu-
tion Of the estate will be deferred, if any
| mortgage remains unextinguished, until the
| mortgage is paid.
The trustee will keep all property in good
| repair and rebuild buildings that may be de-
| stroyed by fire.
When John w. Lane, nephew of the tesla
tor, shall attain the age of q years, Judge
| Webb will hand over the trusteeship to him.
John W. Lane to have the same powers as
Judge Webb The trustees shall keep books,
penditures. If either shall die then the
Judge of Probate for Cumberland county
shall fill the vacancy. Neither Judge Webb
or John w. Lane as trustee will be required
ecutor, without bonds until John w. Lane
succeeds him, and John w. Lane will not
be required to give bonds.
The will is dated September 8, 1889. and is
witnessed by Henry OsCram, John r. Corey
and John F. Hutchinson.
by codicil dated Sept. 80, 1885, as testator's
nephew, John w. Lane, is unwilling to ac-
eept the position of trustee and executor,
when he attains the age of twenty one.
Nathan Webb is appointed sole trustee and
executor, without limit as to time, and with
out bonds, and with power to nominate his
successor subject, to the approval of the
Judge of Probate of Probate Of Cumberland
county. If hee should at any time desire to
by James A. Freer, M. d., John b. Olcott
and Helen II. Freer