The Providence news. (Providence [R.I.]) 1891-1906, 1892-12-08
JAY G0ULD'S MILLIONS.
Abstracts From the viii and Codi'
ellis Of the Dead Wizard.
THE EXECUTORS AND TRUSTEES
His Sons and Daughter Occupy These Re
sponsibie Positions-The Last Codicii
to His VIII was Executed Nov. FL, 1892
His Favorite Son Remembered.
One vote for.

NEW YORK, Dec. s.-The following alb
Jtract OF the will and codicils 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.
The original will is dated Dec. "A, 1885,
during the lifetime OF his wife, Helen ID.
Gould. 1t made various provisions for
her benefit, which failed of effect by rea-
son OF her death before the death of her
husband. After and in consequence OF
her death, MIR. Gould, on the 10th day of
February, 1889, executed the first codicil
of his will-making such changes as be-
came necessary by the death of his wife.
A second and third codicil to his will
were executed on the 21st of November
1892.
Taking the will and codicils together,
the following is an accurate and full
summary of the scheme and provisions
thereof:
There is given to his sister, Mrs, North
rop and her daughters, the three lots OF
sister lives. There is also a specific be-
quest to Mrs. Northrop of $4,000 and
Further sum Of $4,000 Annually
to be paid to her during her life in equal
quarterly payments.
To his sisters, Mrs. Anna G. Hough and
Elizabeth Palen, and to his brother Abra-
ham Gould, there is given the sum of s25-
900 each, and also the further sum of 5000
annually during their lives, payable in
equal quarterly payments.
To his daughter, Helen M. Gould, he
gives the house in which he lived, No. 519
Fifth avenue, and all OF the furniture,
books, paintings, statuary, sffverpfute and
household contents therein. To his son,
Edwin, he gives the house No. East 47th
street, with all the furniture and house
hold contents therein.
To his daughter Helen he made speci-
nc bequest of his portrait painted by
llerkomer. He also gives to his daughter
Helen, unit, his youngest child shall ar
rive at age, the use OF his resi2snce at
lrvington, commonly called "Lyndhurst,"
free of taxes, and OF all the furniture,
books, paintings and household contents
therein and also the sum OF 5000 per
month stating that this was done in thu
expectation that his minor children, Anna
and Frank j., as well 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 George j. Gould, h
gives the sum of $4,000 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 tn,
said grandson, and to pay one-fourth o.
he same TO him at the age OF 25, one.
fourth at the age Of 80 and the remaining
half at thirty-five, with power to pay the
same at earlier periods in the discretion o.
his father.
To his son George j. Gould, he makes
bequest substantially in the following
words:
"My beloved son George j. Gould hav-
ng developed remarkable business abil-
ty and having for II years devoted him
'elf entirely TO my business and during
he past five years taken entire charge OF
VI my difficult interests, / hereby fix the
-alue of his services at 5000, 900, payable
Is follows: 100000 in cash, less the
mount advanced by me for the purchase
" house for him on Fifth avenue, New
York city; $500, 900 in Missouri Pacific
,er cent mortgage bonds 100000 in st.
1ouis, Iron Mountain x Southern Rail- |
way Co. consolidated 5 per cent bonds; |
100000 in Missouri Pacific Railway Trus, |
per cent bonds; 10000 shares of Manhat-
an Railway stock; 10000 shares OF West |
rn Union stock and 10000 shares OF mis-
ouri Pacific stock, all to be taken and