Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1892-12-15
JAY GOULD'S WILL.
The Manner IN Which the Millions
Win DO Distributed


would be presented for probate.
The original will Is dated December
-. lass. during the lifetime Of his wife.
Helen y. Gould 7, mad. various pro-
visions for her benefit. which failed OF
effect BY reason Of her death. Nr.
Could. on the 18th day OF February.
1850, executed the first codiciI To his
will making such changes rs became
nsces-ary by the death Of his wife. A
second and third coIicil To his viii
were executed on the aIst Of November.
1904
Taking the will and codicils together.
the following Is an accurate and full
summary Of the scheme and provisions
thereof.
First. the specific Iegacies. 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 il also a specific beuue.t
to Mrs Northrop of SIS. 600 and the
further sum of $500 annually to be
pail 10 her during Life in equal quar-
terIy payments
To his sisters. Mrs Anna c. Hugh and
Mrs. Elizabeth Patten, and 70 his
brother, Abram Gould. there is given
the sum of $4,000 each, and also the
sum of 1900 annually during their
lives. payable in equal quarterly pay
ments
To his daughter. Helen NJ eloud.
he gives in fee simple the house in
which he lived. 5GT Fifth avenue. and
4 y egf
statuary, silver plate aud household
contents therein. To his son Edwin.
he gives in fee simple absolute tbs.
house No. I East Forty-se-enth street.
with all the furniture and household
contents therein. To his daughter
Helen he makes specific bequest Of his
portrait painted By IIerolxpr He also
xives TO his daughter Helen. until his
youngest child shall arrive at are. the
use OF his residence ut Irvingtou, com
monty called Lyndhurst. free of
taxes. and all OF the furniture.
books. paintings and household
contents therein. and also the
sum of o.. 900 ger month, stating that
this was done in the expectation that
his minor children. Anna and Frank J.
rs well a. his sou Howard. will. during
the period above provided for. make
their home with his daughter Helen.
To his namesaAe and grandson. jaw
Gould. son OF George J. Gould. he gives
the sum Of $500 600, 10 be held in trust
for the said grandson by George ].
Gould. with authority TO apply the
same To the support and education of
the said grandson. and to paw one
fourth Of the same To him at the are
Of twenty-five, one-faurth az the are
of thirty. and the remaining half at
thirty-h i've with power to pay the same
at earlier periods, in the discretion Of
| his father
To his son George +. Gould he makes
Il bequest substantially in the follow
ing words.
MY beloved son. George ]. Gould.
having for twelve years devoted him
self entirely to my business and DIR
ing the past five years taken entire
charge Of all my difficult interests. I
hereby tx the value Of his SERVICES at
$1,000. 900 payable as follows Five
hundred thousand dollars IN cash. loss
the amount advanced by me for the
purchase Of house for him on Fifth
avenue. New York city; $500. eco in
Missouri Pacific Is per cent mortyare
boudss 100000 in ST. Louis Iron Noun
tain and Southern Railway CONSOLE
dated 5-per-eent. bonds. 800. 900 in Mis-
souri, Pacific Railroad Trust 5-per-cent.
bonds. 1000 shares of Manhattan rail
wav stock: 10000 shares of Western
Union stock and 10. 600 shares of Mis-
souri, Pacific stock: all to be. taken and
treated as worth par
He appoints As executors and trustees
of his will his sons George J. Gould.
Edwin Could and Howard Gould and
his daughter Helen NJ. Gould. with
provision that IN case n vacancy shall
happen by death or otherwise, his son.
Frank j. Could is TO be an executor
and trustee when he shall have reached
the age of 81 years, and in case of an
other vacancy he appoints his daughter
Anna Gould. to fill such vacancy when
she shall have reached the are of 81
years. no bonds TO be required of the
executors and trustees
George j. Gould and Helen VI. Gould
are appointed guardians Of Anna Gould
and Frank j. Gould during their
minority
AL the rest OF his estate is devised
and bequeathed To the said executors
and trustees. first to divide the same
into SIX equal parts or shares and to
hold one of such shares for each of hi,
said children, George J. Gould. Edwin
Gould. Howard Gould. Frank j. Gould.
Helen NJ Gould and Anna Gould. with
authority To collect and receive, paw
and apply all the income thereof to
each child for life. with power to each
TO dispose of same by will IN favor of
issue,and IN case of death without issue
the share OF the one dying shall go to
the surviving brothers and sisters.
share and share alike. lie df-
reefs that these trusts shall be kent
separate and distinct and that the ac-
counts thereof shall be separately
Kept that no deductions shall be made
BY reason Of any gifts or ARRANGEMENTS
heretofore made To or for anv of his
children In case of differences Of
opinion among the executors and trus-
tees As to holding and retaining securi-
ties or Investments in managing the
estate. he directs that SO long as there
shall be five executors and trustees.
the decision OF four shall be conclusive,
and when four that the decision Of
three shall be conciusiveswith further
provision in the eoslieH Of November Il.
1872, ~ follows.
The better % Protect and eunssrvs the values
% ny property Il i my d-ssrs. ami 80 direct