The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1892-12-16
eouLo.s WILL.

The Great Estate Kept I'm the Family
George Gould Gets S5,OOO,0OO For His
Services In Managing His Fathers Bush
ness.
New YORK, Dec. S-The following
abstract of the viii of the late Jay
Gould was given to the press to-day by
Judge Dillon, the counsel for the exec
utors, who stated that it was full and
complete, and also that it had not yet
been determined when or where the
will would be presented for probate.
The original will is dated December "a,
1885, during the lifetime of his wife,
Helen ID. Gould 1t made various pro-
visions for her benefit, which failed of
effect by reason of her death before the
death of her husband. After, and in con-
sequence of her death. Mr.. Gould. Febru-
ary 16, 1889, executed the first codicil to
his will, making such changes as be-
came necessary by the death of his
wife. a second and third codicil to his
win were made on November q, 1892
Taking the will and codicils together,
the following is an accurate and full
summary of the scheme and provisions
thereof:
First in the specific legacies there IS
given to his sister, Mrs. Northrop. and
her daughters the three lots of ground
in Camden, y. j., on which his sister
lives. There IS also specific bequest
to Mrs Northrop of @25. COG and the fur
Their sum OF g, 600 annually to be paid
to her during her life IN equal quarterly
payments To his sisters, Mrs. Anna
q i n H. "a.
and to his brother, Abraham Gould,
there Is given the sum Of S25. coo each
and also the further sum OF s., 600 an
nually during their lives, payable in
equal quarterly payments.
To has daughter, Helen VI. Could. he
gives in fee simple absolute the house
in which he lived at 80 Fifth avenue.
and all OF the furniture, books. paint
ings. statuary, silver plate and house
hold contents therein. To his son Ed
win he gives in Zee simple absolute the
house at l East Forty-seventh street,
with all the furniture and household
contents therein. To his daughter he
made specific bequest Of his portrait
painted by Herl1imer. He also gives to
his daughter Helen until his Youngest
child shall arrive Of age the use OF his
residence at lrvington, called Lind
hurst" free Of taxes. and all of the fur
niture, books, paintings and household
contents therein, and also the sum of
$1,000 per NOTWITHSTANDING that this was
done in the expectation that his minor
children, Anna and Frank J., aswell as
his son Howard. would. during the
period above provided for. make their
home with his daughter Helen.
To his namesake and grandson, JAY
Gould, son OF George J. Gould, ne gives
the sum of 500. 900, to be held in trust
for the said grandson by George J.
Gould, with authority to apply the
same TO the support and education OF
said grandson and TO pay oue-fourth of
he same to MIN at the age OF p, one
fourth at the age of 30 and the remain
ing half at 81. with power to pay the
same at earlier periods in the discretion
OF the father
To his son George J. Gould he gives
5000. 600 Tor MS services in managing
his business for twelve years. 500. coo
payable in cash and the remainder in
securities. He appoints George J.. Ed
win, Howard and Helen Vi Gould. his
children. executors without bond. The
reIna iudcr Of the eState Is bequeathed
Il the executors in trust for the benefit
OF his children.