Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-11-04
PULLMAN.s WEALTH.

The VIII of the Late millionaire Pro-
b@ted-An Unequal Division of Prop
erty The Daughters the Reslduary
Heirs while the Sons are Cut ON with q
Comparative PEttance-The Requests.
CHICAGO. Oct 28.-The will of the
late George III. Pullman was fled in
the probate court yesterday. Norman
B. Ream and Robert T. Lincoln are
named as executors, his wife not being
appointed because of his wish to re-
lieve her from the labors. cares and
responsibilities of the position.
The bulk of the estate goes to the
two daughters, Mrs. Frank o. Lowden,
of Chicago, and Mrs. Frank Carolan,
of San Francisco, who receive 81, OO0.-
900 each and also the residuary estate,
the amount of which is now unknown
except to the executors. The home
stead at the corner of Prairie avenue
and Eighteenth street, the construc-
ton of which cost $500, 900, with fur
niture, pictures. ETC., is devised to his
wife for life, and she IS also to receive
$50, 900 for the first year, and thereaf-
ter, during her life, the income of ST.
$50, 900.
Castle Rest" on one of the Thou
sand Islands, is given to his daughter
Florence Mrs Lowden), with the furni-
ture, for life. She is requested to keep
Castle Rest" open from July &c to Au-
gust Il for the accommodation of all de-
scendants of the testator's parents, and
is authorized to designate in her will
who shall have the property after her
death. a sum of 500, 900 is left in
trust for its maintenance.
The sum of 81, O0O. 600 is left in trust
for the daughters until they are IS
years old, when each is to receive $780,
600 to become hers absolutely, the
other 81, 600, 900 to be still held in trust,
the income going to them. II either
daughter leave issue the sum held in
trust is to become absolutely the prop
erty of such issue.
In case of the death of either daugh-
ter, leaving no issue but leaving hus-
band. one-half of the property then
held in trust for such daughter is to be
absolutely the property of such hus-
band, the other half becoming a part
of the residuary estate.
The eighth provision of the will is as.
follows.
'Inasmuch neither of my sons has de-
veloped such a sense of responsibility as in my
judgment is requisite for the wise use of
large properties and considerable sums of
money, am painfully compelled, as have ex-
plicitly stated to them, to limit my testament
airy provisions for their benefit to trusts pro-
oucing only such income as deem reasonable
for their support. Accordingly Idirect that out
OF the remainder of my estate, after satisfy
ing the provisions hereinbefore made for my
wife and daughters, and with respect to
said island and Castle Rest my executors
shall set apart bonds, stocks, and notes or
other securities in two portions, each of such
estimated value will, in the judgment of my
executors, yield an annual income of S., 900; and
I give and bequeath said portions separately to
the Illinois Trust and Saving Bank in trust to
receive the income and profits of each portion
and of all property substituted therefor and to
apply the net income and profits from the time
of my death, of one of said portions to the
use of my son, George NJ Pullman, Jr.,
during his life, and of the other of said portion
to the use of my son, Walter Sanger Pullman
during his life; and upon the death of either
sop, leaving issue of marriage the property
then held in trust hereunder for each son shall
become absolutely the property of such issue
in equal shares, the child or children of any de-
ceased child of said to take the share the
parent would have taken If living; otherwise
such property shall then become part of my
reSiduary estate.
The brothers, Royal Henry Pullman
and John NJ. Pullman, and the sisters,
Helen Pullman West and Emma Pull
man Fluhrer, are bequeathed $50, 900
apiece. The sisters are given equal
shares in the furniture, pictures, ETC.,
in the Belgravia apartment house in
the city of New York.
The wife of his brother Charles L.
Pullman, is given the income of $685.
tho TO f0 her William
Pullman, upon her death.
Other requests are:
Florence Sanger, $40, 600; Stuart
West, SIS, 600; Bertha West, $1,000;
Helen Fluhrer, SIS, 600; Lewis Pullman
Fluhrer. 5000; Mrs. Charles B. Smith,
s., 600; Mrs. Charles FL. Eaton, $40, 900;
VIM. A. Angel. SO, 600; Silas w. Bretz-
field, of New York, $40, 900; Charles s.
Sweet, $4,000 and Miss Maria Louise
Orr, $1,000.
The following amounts were left to
faithful employees" Arthur Wells,
SIS, 900; VIM. Wells, So, 900, and VIM. B.
Johnson, So, 600.
The household servants are to get
$3.50 to $500 apiece. Thirteen Chicago
charitable institutions are to receive
$40, 900 each.
The testator states that it was his
purpose to erect and endow at Pull
man, H., during his life, free school
of manual training for the benefit of
the children of persons living and en-
ployed at Pullman, and to expend at
least $500, 900 for lands, buildings and
apparatus, and to provide a fund of
81, 900, 900 for the maintenance, man
agement and endowment of the school.
His executors are directed to set aside
81, 200. 900 for this purpose. If the es-
tate shall be more than sufficient to
satisfy all the devises, trusts and lega-
cies, the executors are directed to di-
vide the excess into two equal shares
and to add the same respectively to the
two portions set apart in trust for the
two daughters, who are to receive all
the property which becomes a part of
the residuary estate. The Elberon
property was given to Mrs. Pullman
by her husband some time ago.
The exact value of the estate will not
be known until the inventory is fled
in the probate court two or three weeks
hence. About So, $50. 900 is bequeathed
by the will.