Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-03-03
JUDGE HAvDLEy's WILL.
winchester to Receive n Larger
Amount Tbnu nt First Reported.

A winchester special says: According
IN the fun text OF the will OF the late
Judge John Handley. Of Scranton, Pa
tho CITY OF winchester is TO receive
nuch larger portion Of the estate thhn
vac nj first reported. The lowest esti-
mate places the estate At AVeo'VV IN
value. The individual requests amount
IN less than S25Op. Then $4,000 is lett
10 the city Of Winchester for free
library. $4,000 is given to 81. Paufs Or
phan Asylum Of Scranton, and SO OU 10
House of the Good Shepherd OF that CITY.
Without considering minor details, the
provisions Of the will. so far as the IN
terests OF Winchester are concerned, are
substantially as follows:
First. Winchester gets quarter or a
million dollars. This sum, when received
is TO be invested by the city in Virginia
state bonds until said sum and interest
added" shall reach a half million, at
which period Of time" the tcstator directs
that the city shall erect and open pub
lie library which shall be free 10 the
people Of Winchester forever
The amount expended in the site and
building shall not exceed $4,000 the
net income from the residue, or so much
thereof as may be necessary, Is 10 he APP
piled TO the maintenance of the library.
should the net income on this sum be
more than sufficient TO meet the annual
expense OF maintenance, the surplus IL
TO be invested each year in United States
or Virginia bonds and added to the prin-
cipal fund. 1t Is expressly provided that
under no circumstances shall the city
sell. dispose of. or pledge as security"
any portion OF the principal fund - meet
the current expenses of this institution.
IL would seem TO have been the inten-
ton Of Judge Handley that no portion
Of his estate should be distrbutable with
In two years from the date OF his death.
During that period the estate is TO be
allowed TO accumulate. and at the end
OF the time there Is 10 be distribution
of the whole amount in hand. whether
arising from the sale OF his personality
or from the income OF his real estate,
IN which each legatee is 10 share In pro-
portion 10 the amount OF his legacy.
Annually thereafter these pro rata dis
,rlbutlons WI be made until the whole
amount Of each bequest has been paid.
When the principal amounts beqneathed
have IN this way been paid in full. the
two Institutions at Scranton and library
at Winchester Will continue for a period
OF twenty years from the death Of Judge
Hsndley 20 receive all the incomes arts
ing from the lease OF the coal. mineral,
and timber lands. Each OF these institu-
tions is TO receive one third Of these in
comes. and the same Is Ito be expended
and laid ont in paying the expenses from
time TO time" OF these three institutions.
Then, at The expiration OF this period
or twenty years. al the real estate is 10
be sold by the executors and the whole
amount or the proceeds thereof. as well
as the residuum of the personal estate
II not sooner paid. Is to be turned over to
the city OF Winchester. This fund is TO
be Invested In United States registered
bonds and income applied 10 "the erec-
ton OF sehooi-houses for the education Of
the poor"
II Is expressly provided that no portion
OF the requests 10 the city of winchester
shall be diverted from the two objects
designated.