Morning journal and courier., 1892-07-19
ADDED TO YALE,S FUNDS.

How the Amount Left by the Late
Mr.. Fayerweather il Now to be
Finally Dispose of.
From the Fayerweather estate Yale is
again benefited, consequent upon the
death in Rutland, Vermont, of Mrs. Fayer-
weather, widow of the New York mil
Honaire leather merchant. Now the prin-
cipal held to afford her annuity will be
divided and distributed in accordance with
the provisions of her husbands will, and
thereby Yale will have received in ell
$500, 900 from the estate.
The contest over Daniel B. Fayer
weather's will, which became celebrated
case, is recalled by the death of the widow.
Mr.. Fayerweather died in November.
1891, leaving an estate valued at $780,
900, ten times as much as he was supposed
to be worth.
OF this amount 50, 49,, 900 was willed to
certain colleges and hospitals, Yale's por-
ton being 100000. An annuity of $751;
| cash were left to the widow. His nieces
were the only other individuals who bene-
fitted to any great extent by the will. They
were Mrs. Lucy J. Beardsley of Bridge
port, who got 500, 900; Mary W. Achter
and Emma G. Drury, who received $40, 600
each, and Anna Amelia Joyce, to whom
was bequeathed 1000 year.
The cause of the contest was that the
rest of the five and a half millions was left
absolutely to the executors of the estate,
with private understanding that they
were to distribute it among hospitals and
colleges. This disposition of the residuary
estate was naturally objected to, and in the
contest of the will by the widow which en-
sued the executors were held up to public
Reproduction on the ground that they had
| influenced the testator on his deathbed te
leave the So, 100000 in question to them
During the progress of the trial they ex
ecuted deed OF gift which gave So, O42, 00(
specifically to colleges and hospitals. L
gave to Mrs. Fayerweather any enlarge
ment of her annuity she might desire, t.
Drury and Mrs. Archer $40, 900 each NOR.
and to Miss Joyce 81 900 year more.
By the deed of gift the residue was di
|, vided into ten parts, Of which one went tt
Yale, one to Harvard, one to Princeton
; | one to Columbia, one to the Presbyterian
, hospital and five to the Woman's hospital
, To this deed Henry B. Vaughan, one o
the executors, added statement that b.
considered himself still indebted to tn
l 08tAbc LUZ AAAl d lul4k1Uu LUhL uo OW0u MI
Fayerweather. The contestants then with
drew their objections, but the terms o
settlement out of court are not exactl,
known. It il understood that Mrs Faye1
weather received $4,000 in cash, Will
, her income was increased to $25, 900.
J This arrangement left 81, 237 900 of tn
, estate for the hospitals and colleges. Mrs
Fayerweather's death will result in divid
. | ing the half million dollars from whicl
} her income of $4,000 year was derive
among six final residuary legatees nance
in the deed of gift as follows: Yale, Ha1
ward, Princeton and Columbia colleges an
the Presbyterian hospital, $780, 900 each
the Woman's hospital $3.50, 900. This raise
= the benefaction to the Woman's hospital t
I | $3.50, 900, while Yale gets $500, 900 alto
| 600 and the Presbyterian hospital 500, 00(
: All this is provided that the residue
: adequate to pay the gifts in full.