The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-02-28
JOHN JACOB AST0R.
The Full Text of His Last Will
and Testament.
THE MOST BEAUTIFUL WOMAN
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Especial to THE HERALD-Examiner Dispatchl
New YORK, Feb, 27.-The following is
the full text of the will of John Jacob
Astor, New Yorks wealthlest citizen:
1, John Jacob Astor, of the city of New York.
do hereby make, publish and declare this to be-
my last will and testament:
II give and bequeath to my friend Alexander
Hamilton, now residing at or near Irvington,
the sum of $4,000.
81 give and bequeath the following Iegacies,
namely: To the corporation known as st.
Luke's hospital 100000; to the corporation
known as the Metropolitan Museum of Art,
$4,000; to the corporation known as the New
York Cancer hospital, 100000; to my cousin,
James Simmons Armstrong, $4,000.
81 give to the corporation known as the
trustees OF the AStOrL1brary from my personal
estate the sum OF 100000 TO be paid at the ex-
piration of two years from my death, and TO be
invested and kept invested by said corporation
in any stocks or securities property OF any
other description whatever, either real or per-
sonal in the discretion OF the trustees of the
said corporation styled THE Trustees of the
AStor Library" and l will and direct that the
| net income of the said fund of 100000 from time
to time be applied to and be expended in the
purchase of books to be added to the library
and not to be used for the payment of
| or for the increase of the salaries
of officers employees, nor for the purchase OF
| furniture other current expenses, nor for any
other purpose than the purchase OF or binding
| of books. And | will and declare that the spec
| ial declaration above contained in this third
| ticle in relation to the investment of said be-
| quest permanent fund and the application
OF the income thereof as aforesaid are not TO be
| so construed as to create any trust
not legally permissible, nor so as to
impair the legal ownership and control
of the fund and its income and
| proceeds by the corporation as fully as may be
legally necessary to the validity of the beQueSt
| to it of the sum aforesaid.
| Al give and beQueath to the said corporation
| known as the Trustees of the AstOr Library the
| further sum of $4,000, and request that this
sum be by said corporation invested as perna-
nent fund and that the net income thereof be ap-
piled to paying the trustees of said corporation
| from time to time fees allowances for attend
ing the meetings of such trustees at the rate OF
$40 for each attending trustee at each
| meeting; and that if such payment
| shall be Inadequate authority is hereby given
so as to permit the raising the rate of such reg
ular fees and allowances; and the payment
thereof out of the rate of such regular fees or
allowances as may be made from time to time
by resolution of the board OF directors to such
extent as they, in their discretion may deem
tit, and as the net income of the fund, without
touching upon the capital of it, may suffice to
pay.
5-AIl the rest, residue and remainder of the
property and estate, as well real personal,
and wheresoever situated, which at the time Of
my .eath shall belong to me, and be subject to
my disposal by WILL give, devise and bequeath
unto my son, William Waldorf AStor abSo-
lutely and in fee simple to him, his heirs and as
signees forever, according to the nature of the
property.
| 6-I appoint my s. n, William Waldorf Astor,
and Charles Z. Southmayd, of the city OF New
York, to be executors of this, my Will.
In witness whereof l have hereunto set my
hand and seal the 9th day OF January, 1888.
| (Signed) j. j. ASTOR.