The state chronicle. [volume] (Raleigh, N.C.) 1891-1893, 1892-12-08
Hue LEFT IT BEHIND.
JAY GOCLD'S WILL rs MADE
PUBLIC.
1T Provides for the Division Of his
Estate-Speciai Requests to Fa-
vored Ones. but not Cent
to Charity.

A1sSdtc-SptcIhI 10 ga
Vored Ones. but not Cent
to Charity.
By Telegraph to State Chronicle
New YoRK, Dec. THE following
is synopsis Of the will of the late Jay
Gould, dated February i, 1894, with
three codicils the first dated February
16, 1899 and two dated November q,
1892.
There is given to his sister Mrs. Nor
throp and her daughters the three lots
of ground in Camden, n J., on which
his sister lives The re is also a specific
bequest to Mrs. NorthrOp Of $25, 900
and the further sum of So 600 annually
to be paid to her during her life in
equal quarterly payments His sister,
Mrs. c. Hough and Mrs Elizabeth Palen
and to his brother Abraham Gould,
there is given the sum of $25, 900 each
and also the further sum of 1000 an
nually during their lives, payable in equal
payments.
To his daughter, Helen NJ. Gould he
gives in fee simple absolute the house in
which he lived, No. $40 Fifth ave 1ue
and silver, plate and household contents
| therein.
To his son Edwin he gives in fee simple
absolute the house No. l, East 47th
street, with all the furniture and house
hold contents therein
To his daughter Helen he made specific
bequest of his portrait painted by
Herkimer. He also gives to his daughter
Helen, until his youngest child shall
arrive at age, the use Of his residence at
Irvington, commonly called "Lynd-
hurst" free of taxes, and all of the
household contents, also the sum of
So, 600 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 GeorgeJ Gould, he gives
the sum Of $500, 600 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 the said
grandson, and to pay one fourth Of the
same to him at the age Of 20, one fourth
at the age of 30 and the remaining half
at 35, with power to pay the same at
earlier periods, in the discretion of his
father
To his son George j. Gould, he makes
a bequest substantially as follows: "My
beloved son, George J. Gould, having
developed remarkable business ability,
and having twelve years devoted himself
entirely to my business and during the
past five years taken entire charge Of al
my difficult interests, | hereby fix the
value CT his services at s., 900, coo pay
able as follows: $500, 900 in cash, less
the amount advanced by me for the pur
chase of house for hin on Fifth avenue
New York city; $500, 900 in Missouri
Pacific per cent mortgage bonds; 5000,
900 in ST. Louis, Iron Mountain anC
) Southern railway company consolidated
5 per cent bonds; $500 600 in Missouri
Pacific railway trust per cent bonds
10000 shares Of Manhattan railway
stock; 1O, 1000 shares OF Western UnioI
9 stock, ana 10, 900 shares of Missouri
E Pacific stock, eli to be taken and treated
as worth par"
f He appoints as executors and trustees
t of his will his sons George j., Edwin
r and Howard Gould, and his daughte
D Helen NJ. Gould, with provision tha
e in case a vacancy shall happen by deati
: or otherwise, his son Frank J. G uld i
/, to be an executor aud trustee when h
J., shall have reached the age of 21 years
o and in case of any other vacancy he ap
: points his daughter Auna Gould to fl
t such vacancy when she shall have reaches
III - 70 no rl
l. quired of the executors and trustees
S George J and Helen NJ. Gould are az
b pointed guardians of Anna and Frank J
!, Gould during their minority.
} All the rest of his estate is devised an
# bequeathed to the said executors sn
Il trustees. to divide the same into 81
l. equal parts or shares and to hold one {
such shares for each of his said children
George j., Edwin, Howard, Frank J
Helen NJ and Anna Gould with authorl!
to collect and receive, pay and apply 8
f. the income thereof to each child for If
,r with power to each to dispose OF Il
er same by will in favor OF issue, and
/. case of death without issue, the share
/. the one so dying to go to the survlvlr
Of brother and sister AMI the Issue OF al
r deceased childs share, and share alik
e; per stripes and not per capita.
a; All trusts shall be kept separate al
I'd distinct and no deductions shall be MAJ
in by reason of gifts heretofore made.
lp The codicil of November 21, 1S9
H. provides that all stock in any incorpora
On company shall be voted by the truste
go and executors as unit and in case III
k do not concur as to how it shall be vote
on the Judgment of George j. Gould sh
1g control
ry There is the usual provision in the W
ty that the property of his daughters is
their sole and separate use, free ire
any estate or control of their HUSBAND
and prohibiting all dispositions
changes by any of the legatoes by W
,se of anticipation or otherwise. There i.
en- provision that if any Of his chlidr
ial shall marry without the consent OF n
on iority of the executors and trustees, tn
ii. the share allotted to such child shall
he reduced one half and the other hatI
av such share shall be transferred to 81
Of persons as under the laws of the sta e
,lv New York would take the sane il
m testator had died iEtestate.
lso m
at NECKOLOGECAL.
ic-