The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-12-13
GENEROUS CHICAGO PACKER
Phillip D. Armour Gives His City a
Christmas Gift Worth S1,500,000.
An Institute for Manual Training and Ample
Funds to Support It-Gould's VIII, Dispos-
ing of $72, ,000, 900. Filed for Probate.

CHICAGO, Dec. 12.-Philip Armour, the
millionaire packer. started this evening
for New York. on his way to Europe. leav-
ing behind him q Christmas gift of over
S1,5OO,OOO to the city of Chicago. Absolutely
unknown to the public work has been GO
ing on for year past toward the oonstruc-
ton of q magnificent building on Armour
avenue, and il ls now all but ready for
occupancy. This building will be known
as the Armour Institute. and will be to
Chicago all that the Drexel Instl-
tute is to Philadelphia aud the
Pratt Institute to Baltimore. This
is not all of the giJ,. In addition to this
Mr. Armour gives 81. 100000 for its main.
tenance. Allthat money and work can do
will go TO make il the greatest institution
for manual training in this country. 1t
will be school good enough for the richest.
and it will reach out for the poorest. Mr..
Armour's wealth came to him in Chicago
He now desires to do something for the
young men of this city. On his return
from Europe he will to a large extent
60 into q sort of partnership with the
young men and young women who have or
desire to have future. de conceived this
idea years ago and the plans have been
carefully gone over with George w. Childs,
John e. Black and Mr.. Armour's sons
Ogden and Philip. He desires above all
life beautiful, inspiring and useful to the
deserving young men end women of Chi
cago.
The building and the funds for Its sup
port are to be turned over to q board of
directors. 1t is expected that the school
will open on the 1st of next September.
During the next few months the most CON-
plete apparatus obtainable for every
branch and a library on every line of study
will be secured. In addition to the un-
rivaled building and elaborate apparatus
for teaching electricity. physics and chem
lstry, one of the finest Libraries in the
country and an absolutely perfect gym
naslum. Dir. Armour puts behind the insti-
tute and the Armour mission his gift of
400, ,000 thus giving to the former an an
nualincome of So, ,00O and the latter SIS 0C0.
While the general public has never been
allowed to know of Mr.. Armour's doings
those in position to know state that the
munificent gift is but slight intlmation
of the constantstream of philanthropy and
benevolence which Mr. Armour has been
sending out for years.
Jay Gould's Will Filed for Probate.
NEW YORK, Dec. ia will containing six
thousand words and disposing of seventy-two
million dollars worth Of property was filed for
probate In Surrogate Ransom's court this after
noon by Judge Dillon. 1t was that of the late
Jay Gould. Judge Dillon stated that the original
documents contained nothing new or additional
to the facts that have been already published.
Probate Clerk Tierney at once issued citations to
the heirs and next of kin for the probate of
the will. which are made returnable the latter
part OF this month. An affidavit of the execu-
tors-George j. Gould. Helen NJ. Gould. Edwin
and Howard Gould-was filed with Probate
Clerk Tferney. and 1t shows the value of the real
estate which Mr.. Gould left in this State to be
$2.O0O.OO and the value OF personal property
affidavit shows those who have an interest in the
estate, and what their interests consist Of They
are as follows: sarah b. Northrop S25. 900, life
annuity or $1,000 anG a life interest in real es-
state of the value OF $4,000 Ida Mary G. and
Alice Northrop. contingent interests under the
Will, the value of which Is not given. Anna q.
Hough, $25. 900 and life annuity of 81, 600.
Elizabeth Pollen, S25, 900 and life annuity of
$1,000. Abraham Gould, SIS 900 and q life an
unity of $4,000. Helen NJ. Gould, personal
property valued at 100000 and $4,000
per month during the minority of
her infant brothers and sisters. The
value OF Edwin Gould's devise Is put at $50. 900,
while young Jay Gould's is made $500, 900.
George Gould is given cash. bonds and stock of
the par value OF 50 1000, 900, less the amount ad-
vanced for the purchase OF the house. No. 857
Fifth avenue. kingGon. Marjorie c., Helen v.
children OF George ]. Gould. have a contingent
interest In the Will, the value of which is not
mentioned. The children. George j.. Edwin,
Helen NJ, Howard NJ, Anna and Frank j.
Gould. all have lie interest In the residue of
the estate, the value of which is not mentioned.