New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-03-15
VASSAR HEIRS COMPROMISE.
AN AGREEMENT REACHED IN THE WILL
CONTEST
vAssAR COLLEGE RETAINS 100000 AND 100000
Is HANDED OVER TO THE EIGHTEEN
NEXT-OFKIN-THEY WANT
VASSAR COL
lBY TELEGRAPM TO TIE TRIBUNE

lBY TELEGgAPu TO TIE TRDuNaJ
Poughkecpsie y. l., March 14.-All last week. both
lIers and at Albany the greatest effort was MADE oy
attorneys to compromise with yas,ar college. 50 that
the next Of kin Of John Guy Vasaar would not contest
that portion Of his Will which gives the college $780,
600 It being clarncd by the rcxtofkin that the be
quest was Illegal because Vassar cannot have an IN
come OF $4,000 per annum. me appear Oh
the construction OF the will was to have been d's"Vu
In the Court OF Appeals last Thursday but II was ho'
reached and cannot be argued until Mohday' J" INV
meantime last Thursday night state Assessor James L.
Williams attorney for one Of The next-ofkln Homer
A. Nelson attorney for the WILL and Robert E. Taylor
one Of the board OF trustees OF the college, met In
room at the Deevan House. made another effort Tor
a compromise and a settlement was agreed upon Oh the
basis that the college should pay the eighteen Srs-
two ones having turned up-the $l4o'ooo named
in the first proposition. That agreement was carried
out late this afternoon IN the Office OF the executors In
Markct-st.. thirteen attorneys being present
The final negotiations lasted all day, and at p M
seated at long table in the Office were Joseph fe
tretch, OF New-York. attorny for Carolin Vassar ;
Henry NJ. Taylor, Of POughkcepsie attorney Toy
Matthew Vassar, I'd Cyrus swan, attorney for Nassar
College. and Willard Dean, treasurer OF Nassar Coheso'
Behind them President Taylor Of the collegs, ana
standing in groups about them al tho rest Of the
attorneys. The executors Of John Guy Nassars estate
handed 10 Treasurer Dean certified check for t!Ooooc
dlteI WHICH MI Dean MADE Ont eighleeh ccI'ANS'
checks for $500 81 each, all drawn on tho Farmers
and Manufacturers Bank OF this city. That being
done. he laid the checks I'm pile before him, and as
Cyrus Swan called ont each attorneys name, the one
called stepped forward and received his check for the
amount named, each one having previously signed II
release, and thus the muchvcXcd question came to
final settlement and the lawyers departed, both sides
satisfied with the final results.
THIS settlement Will leave NaSsar College ont entire
y In the argument before the Court Of Appeals, and
gives to the college about 100000
In the talk this afternoon Frank Hasbrouch attor
ney FOR the vassar orphan Home, said, whether
loosely IS not known that he would settle with the
neKtofkn far as the proposed Vassar Orphan Homo
Is concerned by giving them % per cent Of the
100000 set apart by Mr. Vassar for thst insutoA.
But he added "they won't consent they want
the whole The main argument In the Court Of
Appeals Monday will Ice on that particular point.
The objection 10 the l"gacieS given 70 the orphan
Asylum that they made dependent upon the
incorporation OF asylum by the Legislature with
authority take the gifts for the SurpOScs stated In
the Will. There Was, of course, 10 orphan asylum
in existence al the time of the death Of John Guy
Nassar The neXtof kin claim that this contingency
OF the Incorporation the orphan aSYlum viti1tos
the legaci" for the that their vcsting is made
dependent upon time and not upon lives in being az
the death of the t"stntOr the statute requires y
they break this part Of the will the eighteen next ofkin
will have 500, 900 more divided among them