The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1898-09-13
Mr.. DAVIES WILL
Disposition Of Great Fortune is
Made Public.
IRON WORKS TO SON CLIVE
Trustees and ExeCutors-MuCh Pro-
perty in the IsIands-FOreign
HoIdings-Many Gifts.

The will of the late TheO. H Davies
was filed yesterday. 1t created an i'm
sense sensation in the court on account
of the very large amount of Hawaiian
property owned by the deceased gen
tIeman. 1t was generally known that
Mr.. Davies was quite wealthy, but few
supposed that his Honolulu valuations
would approach $4,000, 900. AS sugar
and other stocks are listed in the will
at par, it is clear that the real total
value is even far above the round fig
ure given.
F. NJ. Swanzy applies for letters tes-
tamentary in the Islands. In his peti-
tion he gives the value of real estate
as $4,000 and personal property, in
Guiding stocks and bonds, as $1,674,OOO
October IA is the date set by the Court
for hearing the petition
In the will a set of executors and
also a board of trustees are named. The
care of and handling of most of the
estate is left to the latter r. Rain
"
and George f. Davies are named as
trustees. All except Mr.. Swanzy have
qualified in England. The permanent
board of trustees appointed are: Mary
Ellen Davies, the widow; T. Give
Davies, George F. Davies, Frederick J.
Jackson and Thomas Rain Walker.
These selections were made and the
will was signed in 1896
To his widow Mr.. Davies leaves all
of his personal effects in England. The
English homestead, known as "Sun-
down. goes to the trustees and is to
be preserved and used by the family
as a homestead as tenants at will
European, Indian, and Canadian stocks
and bonds go to the trustees for the
benefit of the several trusts named in
lie will
''Craigside," in Honolulu, and the
adjoining land, recently purchased, go
into the hands of the trustees to be
preserved as a Hawaiian home for the
family, to be used by the widow or any
one or all of the children at will
Sixty thousand pounds in English
bonds is to be invested for the benefit
of the widow, becoming an annuity,
and to continue during her lifetime.
At her death the interest accrues to
the children.
T. Give Davies is given all the in
terest of deceased in the Honolulu
Iron Works.
To George F. Davies he bequeathed
all the lands, buildings and other prop
erty belonging to the estate at Winni-
peg, Canada.
For the special benefit of the minor
children a trust of $4,000 pounds is es-
tablished, the interest upon which, up
to the time each attains the age of %,
is to be paid in the shape of annuities,
for the expense of education, etc. The
trust is divided into five parts of 10000
pounds each and is to be held for the
benefit of the following children: Ar
thur Wickliffe, TheO. Maxwell, Harry
Hanover, Alice Marian and Violet
Mary Davies This trust is to come out
of the following stocks held by Mr.
Davies:
Six thousand and sixty shares TheO.
H. Davies & Co.
Three hundred Debenture Theo. H.
Davies & Co, ; per cent, of 200 pounds
each.
Twenty shares Union Mill Co.
One thousand two hundred and fifty
shares Waiakea Mill Co.
One thousand two hundred shares Of
Hamakua Mill Co.
Four hundred and fifty shares Ka-
huku Plantation Co.
All shares LaupahOehOe Sugar Co.
Half interest in Kukaiau Mill Co.
In addition SO 900 pounds in Ameri-
can stocks is turned over to the trus-
tees, the profits upon which are to ac-
crue in equal proportions to the child
ren. This is the stock:
One hundred American Sugar Rein
cry Co.'S Z per cent bonds.
Three 1000 bonds of the East Ten
nessee, Virginia & Georgia Railway
Co., ) per cent, due in 1856.
Two $1,000 bonds Manhattan Rail-
way Co, 4 per cent gold, due in 1890.
Seven bonds Pacific Rolling Mill Co,
6 per cent.
Twenty bonds Spring Valley Water
Works Co, 4 per cent.
Twenty, same, 6 per cent.
One hundred shares of same, stock.
Ten bonds Park and Cliff House