Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-04-13
T.. l.. SHEPARD'S WILL.
He Left $f,35O,OOO--A Sunday
Clause About His Nevspapcr.

Tho will OF Elliott L. Shepard was
filed for probate on Tuesday, 18th instant.
IL was executed July Is. 1891, with
Lawyer William Irwin, Robert G. Alex
andor, Of AZ east Eleventh street. and
James Sinister, Of 400 Franklin
avenue. Brooklyn, for witnesses.
The executors are the widow, Mar
garct Louisa Vanderbilt Shepard
the testators brother. Augustus Den
mis- Shepard, and his son, Elliott
Fitch Shepard, jr., when he shall be-
come OF age. The Union Trust Com
pany is named as trustee should all the
Others retire. In petitionihg for the
probate Augustus ID. Shepard fixed the
realty at sS50,0J0 and the personally at
500, eco.
The public requests are as follows:
One hundred thousand dollars to
the trustees of the Presbytery of New
York for the general religious and evan
gel'cal purposes and objects Of the pres
bytery.
FIFTY thousand dollars more to the
same trustees 10 be expended by them
IN such manner as they shall think will
best benefit the Seventh Presbyterian
church Of Jesus Christ, corner Of Broome
and Ridge streets.
One hundred thousand dollars TO ST..
Paul's Institute at Tarsus. as Minor, a
body corporate under and by virtue Of
the laws Of the State OF New York.
lie gives his widow, in lieu OF dover,
all his real estate for life and bequeaths
~ her all his household effects, horses,
carriages, and stable furniture. To his
brother, Augustus Dennis Shepard, he
gives $50, coo.
He turns his residnary estate into a
trust, of which his executors are made
trustees, which is to be divided into as
many parts as lac has children. Five chill
dren survive him: Mrs. Maria Louisa
Schieficlin. Edith. Alice. Elliott Fitch,
and Marguerite Shepard. Al except
Mrs. Scmeftelin are under age. Each
child is TO have the income for life Of
one part Of the trust fund. The princi-
pal goes 10 such child's Issue unless the
child otherwise disposes OF the principal
by will Elliott Fitch shepard, Jr.. is
not 70 act as trustee OF his portion Of
the trust estate. The other trustees
must look after his life estate III tho
fund. Tho will says:
- hereby authorize my said eXecu-
tors and trustees and their survivor and
successor to retain as part Of the trust
funds the interest and shares OF which i
shall be possessed in the following
COrporations-uamely
1.-THE Mail and Express Publishing
Company, the New York Express Com
pany. and the Fifth-Ayenue Transports
ton Company Limited. in oil of which
| now have a controlling interest, so
long as said corporations shall not be
operated on the first day of the week,
known as the Lords Day, or Sunday, or
the Sabbath day, by the publication OF
any paper ON said day, or 10y the running
of stages or vehicles on the said day for
hire.
And hereby request my said trus-
tees and their survivor and success
sor that in case they or it shall
sell OF dispose Of the interest or
shares may hold il any of said corpo-
rstions at the time of my death, 1t shall
be on the condition that the purchaser
shall not operate such corporation or
corporations, nor permit such corpora
ton or corporations TO be operated, on
the said Sabbath day for the publica.
ton OF newspaper or the traffic of
transportation. W
The trustees have power to sell any
part or the whole OF the trust property
and reinyest the proceeds in the same
class of securities as he may leave the
trust property invested in or III the first
mortgage bonds OF any railroad in the
United States controlled by his brother
or his brother-n-law, or in such other
securities as the law Of the State of New
York makes it lawful to invest trust
funds il. The citations are returnable
ON Nav I'd.