The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-26
Mr.. PULLMAN'S MILLIONS
GOSSIP ABOUT THE DISPOSITION OF
THE GREAT ESTATE.
Sons VIII Get a Share If They Behave
for Five Years--PrObabIy Many
Public requests.

CHICAGO, Oct. 25.-The will of the late
George M. Pullman, the palace car mag
nate, will be probated on Tuesday or
Wednesday next. 1t was read to the Pull
man family Saturday night, after their re-
turn from the funeral, and was placed in
the hands Of Robert Il. Lincoln. The will
covers five sheets of foolscap paper, distrib-
utes sos, 000, 900 in money, real estate, bonds
mortgages and notes, and names Robert t.
Lincoln and Norman B. Ream as executors.
Mr. Lincoln says the document is very sim
pie, considering the extensive interests in
volved. He will not give out the details I'M
til it is probated.
1t is understood however, that the bulk
of the estate will go to the widow This
will be held by her until her DEATH when
it will revert to the children, under certain
conditions for the boys. Mrs. Florence Low
den, one of the daughters, and regarded
as the late money kings favorite child, will
be made through the beneficiary one of the
wealthiest women in Chicago. A consider
able portion of the estate will likewise be
inherited by her on the death of her mother
Mrs Frank j. Caroan, the other daughter,
Will come in for nearly $l,O0O,O00, but is not
so literally endowed her sister
George NJ. and Walter Sanger Pullman,
the twin brothers, and only sons, will have
to undergo a period of probation before
they Will be intrusted with any portion of
the late milliolaire's fortune 1t is learned
through a close friend of the family who
has seen the will, that neither of the boys
Will lack pocket money. A number of shares
in the Pullman Car Company and other
business will be turned over to the trustees
Who Will provide them from 81, 900 to S. 900
a year for five years. Should their conduct
be pleasing to their mother and other men,
bers OF the family they will then receive a
number or valuable securities outright. The
VIII was drawn two weeks ago, the esca-
padeS of his sons causing Mr. Pullman to
make new testament
Both Robert Lincoln and Norman b
Ream, executors of the estate of the multi
millionaire, said to-day that the property
left is so vast that 1T will take several days
70 estimate its value as the law requires.
All sorts of stories are current in financial
positively that the estate was not worth
over $2OOO0,0OO or $25, 100000. Some we'll
known La Salle-street men, however. say
that George M. Pullman's income has
averaged SlOUO,OO annually for a number
of years. Mr.. Lincoln said to-day that
there We're great number of public be-
guests. but refused to give them out.
Neither of the executors of the will would
confirm or deny the statement that Mr.
Pullman had disinherited his two sons,
George M and Sanger w. Pullman. Neither
of the young men is said to be violently
that reason it has been declared that the
bulk of the property is left to the widow
and Mrs. Frank Lowden, daughter of the
decedent. The university comes in for
large amount, it is also said. According to
one report Mrs Frank Carolan, of San
daughters, will receive not to exceed
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