Arizona silver belt., 1893-05-20
WILLS OF RICH MEN.
HOW SEVERAL WEALTHY MEN DIS.
 POSED OF THEIR ESTATES.

T. Stewart Gave His Property to nj,
 wife-His Other Requests.
 The small bequests by Jay Gould to his brother and sister call attention anew 10 the fact that the financial results of the creation of fortune in family are apt to be small to the collateral branches and heavy to the direct line of issue.
 The wills of the heads of the Astot family do not point moral in this re. spect, because the family has followed a rule designed for the perpetuation of q great family estate in two parcels. Side bequests if considerable. would have prevented the execution of this plan The distribution of the late Samuel J Tildens fortune is not Illustrative of the common custom. because he was bach elor
 A T Stewart, the great mprchan, prince, made simple will in the sec ond paragraph of the document opened after his death iu 1876 he wrote simply, All my property and estate of every kind and description and wherever sit uated give, devise and beqneath to my dear wife. Corneha II Stewart. her heirs and assigns forever In the next paragraph he appointed Henry Hilton to manage. close and wind mp bis partner ship business and affairs He made ex. Judge Hilton. the widow and William Libbey his executors, and he bequeathcd to Mr Hilton the sum of Si ,000,000 as mark Of regard
 in codicil to the will he bequeatheh various sums of from S20000 to $500 to as many faithful employees in his busi ness. and other sums of $9 ZOO to $500 tn seven househuld servants. To two sis ters named Marrou at whose father house and hands be had enjoyed hospital. ity he gave $i2.000 year and house in this city To Henry Hilton's wife he gave 5000 In a second codicil he gave $l0Go0 each 10 four persons Of the name of Clinch who were relatives Of his wife 10 two of whom he gave q house in town and to Sarah smith and her daughter hg gave $l0,0O0 each He willed that all persons who had remained in his employ during twenty years should have $l GOO and all who had worked for him ten years $)00 A letter to his wife accom-. panied the will. and in that be said that he hapeil to liye To carry out his charlta- hle schemes but if he died before doing s0 he would depend on her To do so with the adyice and assistance of their frieud Henry Hilton
 Mr Stewart had DO children If be had no relatives either bis will is moi q case ID pmut Dut. on the other hand, if ii is tlnc ss many claimants assert thai be had number Of cousins and other kiE iu lrellnd his absolute farsetfulnes of them or refusal to benefit them is Fc naraably opposite
 Commodore Vanderbilt, who died in January ls53 made many bequests Co others than his children To his wife he gave $500 600 and all the contents Of hi house in Washington place tue use Of which wa8 hers for fife To his brother Jacob II Vanderbilt h. gave $50Of0 To his sister Phusbe be gave Sl 200 q year during her fife To his pieces and neph- ews be g.gye yarioas sums ranging from %24 600 and %!0000 down 10 $500 and 500 n year But eR.vp one grand nephew sa5 OJO and another SOL Ii- doctor got sl0GJ0 and faithful old cla%. goi so O0) To aA uncle hr ,-ive / fta1 and tue wife ol a nephew .r ee.g.i $95.0g0
 Wlya hu came b consider his eh.idfeE the situation WAS altered To William T his eldest son, hr handed down the buk of his magnificent property. the yalue ol this gift being estimated at 800, el@G3o The whole property bad been considered as worth Gi0J.UJ9Oa0 assl ,f ihr flI0)3g19 that William r dil at gpJ oHehaIf went 10 Williams sal5. tle oldest one Cornelius. getting greatly l1e largest share He seemed thus to i..ii- cafe belief tbat young Corapiius who n4,I already shown ability as q .iis,ncjcr wuull l'ecoine the head Of the hoaae ip the thlrl generation
 To his own less worthy son Gornelius be gave merely the interest on $200 GOO He divided 5 953 GOO equally among five daughters and two Of these he further enriched the one with the interest on Si0g coo and Inc other with the interest on Ej0o000 Enriched is scarely the term tn usc, for il was evident that he ntende only to insure Co each of them tne comforts of a competency
 When 1t came time to open the will of William II Vanderbilt it was found that he had given toa nephew W Y Kissam $3o00Q to bis unyle Jacob the dividends on .00Q shares of New York Central. to his aunt Phnbe and to each of twelve other relatives annmties of $l,e00 The grcat bull; of the increased estate went to tbe children There were eight Of them and each got S5,000000 outright, together with the interest during life on another 5000 coo, the eighth part O. trust fund of Si0,000.000 The prin- cipal in this legacy was to go to his grandchildren when his children died To his eldest son, Cornelius, he gave au additional $2 2,000000 outright, and to bis fayorite grandson, William H., the son Of Cornelius, be gave $l GOO, ,000 outright The youngest son. George. was to have the family mansion and works of art when his mother should die To his own widow he left yearly allowance ut $200,000 and the right 10 give away $500 coo howsoeyer CT to whomsoever she pleased. To oach of his four daughters he gave the house in which she was liv. ing when he died Having thus disposed Of only about half of this great property, which was said to be sufficient to give four dollars to every man, woman and child in the country Mir Vanderbilt gave the rest to his first and second sons, Cor. nelius and William K, or about $j0 ,oOQ. 600 each. New York Sun
 Placer county Ney., lays claim to a valuable specimen of petrified vegeta- tion. It consists of two pieces of rock which are believed to have been water. melons, as they have the exact shape