Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1891-02-26
MILLIONS GIVEN AWAY.
The Fayerweather Executors
Spring a Big Surprise.
COLLEGES AND HOSPITALS AIDED.

COLLEGES AND HOSPITALS AIDED
A Surprise for Every One in the Grea,
win Contest-rhe Fight win BE Con.
tinued, However, Despite This New
Move on the Part OF the Executors.
New YORK. Feb 26.-when the will Of
Daniel b. Fayerweather was offered for
probate last December the interest excited
by his large bequests to colleges and hos
pitals was presently dwarfed by the dis
covery that his executors, as residuary
legatees, would get several millions Of his
estate absolutely Ii was said that they
would hold them in trust only to carry
out privately expressed wishes OF the tes-
tator, but there was nothing to bind them
50 TO do and the viii contest followed. II
came out yesterday that on Tuesday the
three executors executed an instrument by
which they relinquish all their rights Ia
the residuary estate, and distribute il
among relatives and among colleges and
hospitals
What the Executors say.
They say. Prompted by our determine
ton that we win not retain for our own
use any part Of the residuary estate left 10
us by his will, and by the desire to make
such disposition Of his said residuary es
tate as in our judgment will best honor
his memory, do dispose of so much OF the
same as shall remain after the payment OF
all lawful fees, expenses and charges a.
follows. :" What follows is in ten clauses,
IN one OF which they reserve the right to
make and the right to assent TO any en-
largement that Mrs. Fayerweather may
desire OF her $4,000 year under the will
Various other bequests to relatives and
servants of the deceased are also given.
Given to Hospitals
The following amounts are given to hos
pitfalls tthe amount already given TO any 10y
the will is in parentheses);
Mount Sinai hospital Sl50W CSl0m0.
Presbyterian hospital, $1,000 CS2i lO0
Women hospital, sa0000 $1,000
Manhattan Eye and Ear hospital. S25.OW
CS25010
New York Eye and Ear infirmary 5000
Manhattan dispensary, $1,000
Montefare Home for Chronic lnvalids, s25 O00
Methodist hospital of Brooklyn. Sg5.001
St Luke's hospital SS50 fSsj0Op
New York Cancer hospital S2l0n
society OF ~. Vincent de Haui the CITY Of
New York, S5000
All these gifts are without interest are
reducible ratably if there is not money
enough to pay in full, and are to be used
to endow beds or in some other way to
perpetuate Mr.. Fayerweather's memory.
All these being paid in fun the following
gifts are made to colleges (when any col
lege was already beneficiary under the
will the amount so given is in parenthe
ses):
Union college AZ Schenectady. Sl00OO0
Haverford college, Montgomery county Pa.
s50t0O
University Of the City Of New York $4,000
University Of Pennsylvania, S520Oo
Brown university, Providence, $4,000.
Harvard college $l00,U00
Wesleyan university, Middietovn, s50o0
CSlO0,0D)
Rutgers college, SIC0,O
Wells Female college, Aurora $1,000
Elmira Female college, $4,000
Barnard School for Women, $4,000
The Cooper union las permanent fund. the
income to be used so far as necessary for the
support Of the Women's Art school, San00c
Shattuek school At Faribault, MINI, S25,Oo0
La Fayatte college, Easton Pa, 5000
(s5ooO.
Maryvine college, $4,000 100000.
Trinity college, Hartford $4,000
YaIe's Big Request
The amount in each case TO be used as
Fayerweather fund in some distinctive
manner, either for the erection of build
ings the establishment of scholarships. OF
other use, which ia the Judgment Of the
authorities will be Of the greatest practical
benefit, the mode OF use to be subject to
the approval of the executors
n, Ne1 u n psia 81 tfnn u
preferably in the erection Of FayerweatheI
building, but il the authorities think best, foi
the general purpose Of the college
All these gifts are reducible ratably il
the money will not go around The res
idue if any, TO be divided into ten parts
of which Yale, Columbia, Harvard, Prince.
ton and the Presbyterian hospital get one
each, and the Womens hospital five parts
Il is designed that the money given to the
Women's hospital shall be used to build
Fayerweather pavilion. Until it is SCI
used the income is to pay for caring for
poor patients.
The Executors Sole Design.
The executors add:
The foregoing gifts are subject to our powers
As executors 10 our rights as executors dew
sees and legatees to turn the general estate into
money to the payment out OF the general estate
OF the collateral inheritance tax or any other
tax provided by law and are subject further Il
our rights in the event Of any question az iden.
tiacation or designation Of either Of the forego
ing donees to determine the same We execute
this instrument recognizing that there Is pend
ing contest in proceedings for the probate Of
Mr.. Fayerweather's Will. and recognizing fur
ther that if such contest shah not prevail
question may be made about our legal rights as
devisees and legatees.
We assume no responsibility for any such
contest or Of any such question or for the acts
or omissions Of each other OF for the amount OF
fr, ,f enf1 fr3,-n,