Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1892-12-15
eouLD.s WILL

The Great Estate Kept In the Family
George Gould Gets $4,000 For His
Services In Managing His Fathers Bust
ness.
New YORK, Dec. s.-The following
abstract of the will 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 Decembe "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-
airy 16, 1889, executed thesfrst codicil to
his will, making such changes as be-
came necessary by the death of his
wife. A second and third codicil to his
will were made on November 81, 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. Ncrthrop, ard
her daughters the three lots Of ground
IN Camden, II. j., on which his sister
lives. There is also specific beuuest
to Mrs Northrop OF SO. 900 and the fur
Their SUM Of - 0C0 annually to be paid
to her during her life in equal quarterly
payments. To his sisters, Mrs. Anna
u. Hough and Mrs. Elizabeth Palen,
and to his brother, Abraham Gould,
there is given the sum of S25, 600 each
and also the further sum OF 81, 900 an
nually during their lives, payable in
equal quarterly payments.
To his daugh ter, Helen II. Gould, he
gives in fee simple absolute the house
in which he lived at SO Fifth avenue,
and all OF the furniture, books, pain &
ings. statuary, silver plate and house
hold contents therein. To his son Ed
win he gives in fee simple absolute the
house at 1 East FOrty-seventh street,
with all the furniture ana household
contents therein. To his daughter he
made specific bequest OF MS portrait
painted by Herkincr. He also gives to
his daughter Helen until his youngest
child shall arrive of age the use of his
residence at IrvingtOn, called Lind
hurst free of taxes, and all of the fur
niture, books, paintings and household
contents therein, and also the sum OF
$4,000 per NOTWITHSTANDING that this was
done in the expectation that his minor
children, Anna and Frank j., as well 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, he 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 one-fourth of
he same to him at the age of %, one
fourth at the age of 50 and the remain
ing half at So, with. power to pay the
same at earlier periods in the discretion
of the father.
TO his son George j. Gould he gives
$1,000 900 for his services in managing
his business for twelve years, $500, 900
payable in cash and the remainder in
securities lie appoints George j., Ed
win, Howard and Helen NJ Gould, his
children. executors without bond. The
remainder o. the estate is beQueathed
to the executors in trust for the benefit
of his children.