Mexico weekly ledger. (Mexico, Mo.) 1855-1956, 1892-12-15
JAY GOULD's WILL READ.
1t Organizes Family Corporation
The Adult Heirs Made Trustees.

New YORK, Dec. THE follow
ing abstract of the will and eodicils
of the late Jay Gould is given to the
press by Judge Dillon, the counsel
for the executors, who stated that it
was full and complete, and also that
it had not 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 provisions
for her benefit, which failed of
effect by reason of her death before
the death of her husband. After
and in consequence of her death,
Mr.. Gould, on the sixteenth day of
February, 1889, executed the first
codicil of his will, making such
changes as became necessary by the
death of his wife. Second and
third codicils to his will were execu-
ted on the 21st of November, 1892.
Taking the will and codicils TO-
gether the following is an accurate
and full summary of the scheme
and provisions thereof:
1. The specific legacies: There
is given to his sister, Mrs. Northrop,
and her daughters, the three lots of
ground in Camden, N. j., on which
his sister lives. There is also a
specific bequest to Mrs. Northrop of
$25, 900 and the further sum of
50 900 annually, to be paid to her
during her life in equal quarterly
payments. To his sisters, Mrs.
Anna G. Hough and Mrs. Eliza
beth Palen, and to his brother,
Abraham Gould there .is given the
sum of $25, 600 each, and also the
further sum of 81 900 annually dur
ing their lives, payable in equal
quarterly payments. To his daugh-
Tor, Eolea NJ Could, ho sivo0 in
fee simple absolute the house in
which he lived, No. $40 Fifth
avenue, and all of the furniture,
books, paintings, statuary, silver
plate and household contents there
in. To his son Edwin he gives in
fee simple absolute the house No.
1 East Forty-ninth street, with all
the furniture and household con-
tents therein. To his daughter
Helen he made a specific bequest
of his portrait, painted by Kerkimer.
He also gives to his daughter Helen
until his youngest child shall arrive
of age the use of his residence at
Irvington, commonly called "Lind-
hurst" free of taxes, and all the
furniture, books, paintings and
household contents therein, and al.
so the sum of $1,000 per month
stating that this was done in the
expectation that his minor children,
Anna and Frank j., as we'll as his
son Howard, will, during the period
above provided for, make Their
home with his daughter Helen. To
his namesake and grandson, Jay
Gould, son of Geo. Jay Gould, he
gives the sum of $500, 900, to be
held in trust for the said grandson
by George Jay Gould, with authority
to apply the same to the suppor
and education of said grandson, ant
to pay one-fourth of the same tt
him at the age of %, one-fourth a
the age of 80, and the remaining
half at 35, with power to pay tn
same at earlier periods in the dis
cretion of his father. To his sol
George Jay Gould he makes be
tquest substantially in the follewin
words:
GEORGE GoULD's SLICE.
"My beloved son George J. Goul'
having developed a remarkable bus
iness ability. and having for L
years devoted himself entirely t
my business, and during the pas
five years taken entire charge of al
my difficult interests, hereby fl,
the value of his services at IS 600
loco, payable as follows: $4,000
lin cash, less the amount advance
by me for the purchase Of hous
| for him on Fifth avenue, New Yor
City; $500, 900 in Missouri Pacific
6 percent mortgage bonds; $500
600 in st. Louis, Iron Mountain an
Southern Railway Company cor
solidated 5 per cent bonds; $500
loco in Missouri Pacific Railwa
trust 5 per cent bonds; 1000
shares of Manhattan Railway stock
10000 shares OF Western Unio
stock; 10000 shares Of Nilsson
Pacific stock, all to be taken an
treated as worth par. -