Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1899-10-27
vANDERBILT's WILL.
Continued from page ~

Gertrude, Alfred, Reginald and Gladys
the income thereof to be paid each foi
! life, and upon the death of the benefic-
larry the principal of his or her share
to be paid to the issue of such benefic-
larry in such proportions as may be APP
pointed by the will and in default OF
such appointment in equal shares to
such issue and failing issue then the
principal of such share is to be paid tt
| the survivors of the above named OF
| their issues.
Twelfth-The trustees of the severa
| trust funds are authorized in their dis
erection TO sell or hold the securities be-
LOGGING to the testator at the time OF
his death and to change investments
and are dirested to invest funds arising
therefrom in certain specified securi-
ties and classes of investment, with
additional authority to invest in the
mortgage bonds of any railroad APP
proved for that purpose by all the ex-
ecutors who may qualify. They are
further directed to hold securities in
which trust funds may be invested in
their names as trustees for the parties
respectively for whose benefit the trust
is created. keeping each trust separate
and distinct.
Thirteenth-Specific requests are
made as follows: VIM. X. Vanderbilt,
100000; Chauncey NJ. Depew, 5000, 900;
Edward V. w. Rossiter, $780, 600; John
Hone, $50, 900; Rev. DR.. Edward H.
Greer. $50, 900; Charles c. Clark, $4,000
Franklin Allen. $25 1000: Maud Gwynne
Shepherd. S25 900; John RUTGERS Leroy,
$40. 900: Charlef +. Cox. $4,000; Edgar
r Chapman, son of Rev. E. r. Chap
man. of Watervliet, n. Y, $4,000;
George r. Fearing, $4,000; Rev. DR..
VIM. S. Langford, $4,000: George A.
McBurney. dead $4,000: ]. r. Hat
maker, $4,000. Also the following an
nuities: Mrs. VIM. Turnbull, $1,000:
John G.. Eerles. $1,000; Mr.. jeremiah
Simonson, $1,000; Mrs. Sarah Simonson,
5000: Mrs. Cornelia Little, 5000.
Upon the death of each annuitant the
principal set apart for such annuity is
added to the residuary estate.
Also ii is provided that the judgment of
the executors shall be final in respect to
any division of the estate made by them.
ana each executor and trustee il relieved
from responsibility for the act or mis-
sions of any other and no bonds are re
quired from them security.
Fourteenth-A legacy Of 100000 is given
to the Young Mems Christian Association
| of New York City. ana the desire is eX
pressed that the income. 50 far as practi
cable. be used for Christian work among
railroad employees.
Also Il beduest of 100000 is given to the
rector. church wardens and vestrymen If
| St bartholomew church. to be kept in
vested By them ana the annual income
| applied to the missionary work of the
parish
There is a further Request of $2o,oo1 for
the erection Of a building for church pur
poses in said parish, contingent upon it,
not having been erected prior to the ties
tators death. the surplus, if any, to be
added to the beduest last named above.
Also the following requests: Yale Uni
versity. 100000; St. Luke's Hospital il
| New \ ork City. $4,000; the Domestic am
| Foreign Missionary Society Of the Prot
estant Episcopal church, $4,000; trustee:
of the Vanderbilt University, Nashville
Tenn, $4,000: the Redwood Library a
| Newport. $4,000; the Newport r. l., Hos
pital $4,000; the Christian Home for In
temperate Men in New York $4,000; th'
Manhattan Working Girls Society OF tn
CITY Of New York. $10GV0: the New Yorl
Bible and Common Prayerbook Society
$4,000: also the executors are directed t
nav to the Society of ST. Johnsland an
rualv the sum of $20000. and a beques
of $1,000 is made to the same society.
| Also the Protestant Episcopal SO
ciety for Seamen in the city of New
York. a beguest of $4,000 is given AM
Turner's painting of the Grand Canal
Venice, is given to the metropolitan
Museum of Art in New York City.
Fifteenth bequest of $1,000 is givel
to each of the family servants VIII
have been in the employ of the hous
or stable of the testator for two year
next preceding his death. Also tn
, following requests: John II. Demp
. sey. $4,000: Charles a. Whitaker, coach
= man. $1,000; Tony. his barber, $4,000
John Allen, his farmer, $4,000.
"Sixteeth-The gold medal voted b
Congress, in 1865, at the close of tn
;; Civil War. to Cornelius Vanderbilt, hi
grandfather is given to his son ALFRED
with the request that he leave it to hi
eldest son and so on down from eldes
l son to eldest son.
{ "Seventeenth-All the rest, residu
and remainder of the estate, includin
+ lapsed legacies and the principal of an
/ nuities. is given to the executors /
trust to hold and invest and collec
/ rents. income and profits for the use Q
his son, Alfred G., and to pay to hir
, the net income thereof as received. un
e til he becomes 50. when he is to com
g into possession Of one-half of said es
= tate, the income of the balance to b
q paid to him as before until he is y
4 when he is to come into full possessio
thereof.
! If he dies before coming into posses
sion of any or all of such estate an
i leaves children surviving him. the ur
: distributed portion is to be divided IN
= to equal shares and held in trust 10
i such children until they become of ag'
But in the event of there being no chi
dren living at the time of Alfred
death. or Of their dying before beconl
ing of age. then the testator's son, Reg
inald c.. is all respects as to the undls
II tributcd portion of such residuary es