The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-10
CAN'T USE THE PRINCIPAL.
But THE BENEFICIARIEs MAY
SPEND THE INCOME FROM
CENTRAL STOCK.

George W. Skaters Requests to
Charitable Institutions May Hurry
Out the Central Reorganization
PIaB-He Asks That a Monument
Six Feet High BE Erected over
His Grave-His Estate Valued at
About $4,000.
The most unique will perhaps ever filed
was that Of George w Shafer. which
was filed yesterday.
Shaffer was a wen known old man of
this city. with many eccentricities and
peculiar habits which increased in his
old age, and as he grew older it was be
Iieved by many that his mind became
somewhat unbalanced.
Some years ago he was in the employ
of the Central railroad. and had worked
with that corporation quite a while when
ne retired with property enough to com
fortably support him in his declining
years. The estate left under his will is
estimated to be worth about $1,000, a good
deal Of it being in real estate.
The most peculiar feature of his be-
quest is the disposition he makes of his
Central railroad stock. No doubt when
the Wall street people learn that it has
been largely left to charitable institu-
lions. they will hurry out the plan of re-
organization, and see that the minority
stock gets a good square deal.
The will requires that the estate is to
left open for two years and the income
is to be applied as set forth. Two shares
of Central railroad stock are to be given
each to the Abrams Home and the Sa-
vannah Female Orphan Asylum, one
share to the Bethesda Home, one share
to the Trinity Methodist church, one
share to the Independent Presbyterian
church, and one share to the First Pres
byterian church, but these institutions
are to be allowed to use only the income
from this stock, and are denied the power
of selling or transferring it. At last ac-
counts Central railroad stock was selling
at 10. and a dividend had Not been paid
! in about five years.
If the new reorganization plan goes
through the income bonds which are to
| be exchanged for the stock will probably
be placed away in the treasures Of these
/ institutions to await the tide of times
] lldl Will bIluS an Interest payment on
! them.
Mr. Shaffer named Messrs. Randolph
/ Arson and Tracy G. Hunter as executors
/ of his will, but both declined to qualify,
/ and 1t was his request should such be
! the case that the ordinary should appoint
/ executors. Judge Ferrill however, will
| probably have to appoint an admins
| traitor with the will annexed, as the court
! does not take it upon itself in such cases
/ to name executors.
! Another section Of his will prescribes
| that a granite monument six feet high
/ shall be erected over his resting place.
! 1t is to bear the simple inscription George
! w. Shaffer"
He leaves to Georgia Thompson 800.
| Rosamond Thompson, 500, and the re-
/ mainder is to be divided into three parts,
one of which is to go to Mary S. Fox. one
| to Mrs. Lucy G. Danbey, and one to NJ.
/ L. Mann. Considerable interest, 1t seems,
/ has been taken in this will, and more
| than twenty-five people have called at the
office of the ordinary to know If it had
| been filed. From the provisions of the
will 1t seems that 1t was made some time
ago, and the testator did not consider
it necessary to change it. 1t is thought
/ the will will be contested in the courts.