The Providence news. (Providence [R.I.]) 1891-1906, 1900-09-12

I'm perpetual trust TO be held and invested
by the city as "A permanent fund the net
annual income accruing therefrom TO
be applied to the purchase of micro
scopes. microscopical instruments and
books on microscopy, for use i'm the
English and scientific department OF the
High schools in the CITY of Providence.
or To the giving OF lectures 10 the pupils
I'm said department-such purchases to be
made and lectures given in the discretion
and under the direction OF David w Hoyt.
so long as he shall occupy the position of
principal OF the Providence High school.
or of any department of the High schools
of the city of Providence, and after he
shall cease to occupy such position, then
I'm the discretion and under the direction
of the superintendent Of schools.
Brown University will receive the sum
OF $1,000. In perpetual. trust to be invested
as n permanent fund. the net annual in
come to be applied for the benefit OF the
department OF botany in said university.
I'm such manner as shall be approved by
the senior professor OF botany In said
university.
Brown University will also get the sum
OF $500, the same 10 be added TO Mr.
Smiths former gift of $500 to the Lyman
Gymnasium Maintenance fund OF said
university.
The Home for tho Aged of the Little
Sisters of the Poor of the city OF Paw
tucket I'm the state of Rhode Island 'be-
cause of the breadth and liberality" of it's
charitable principles, will get the
sum OF $1,000. in perpetual trust.
The document. as modified by the codi-
ell. directs the trustees. James +. Free
man, Harry s. Hathaway and Walter r.
Angel, 10 convert all personal property
not otherwise bequeathed into real state
I'm the city OF Providence.
rel and Charles H. Smith, Jr.. is TO be
added 10 all the trust property be-
aueathed 10 the city of Providence. and
is directed 10 be held in perpetual trust
by the city. the net income to he applied
in the purchasing and planting OF trees.
plants. vines, shrubs. the construction of
greenhouses in Roger Williams Park, or
In additions that may be made 10 the
park.
IT is further directed that when the
income of real estate shall amount to
s25, 600. instead OF purchasing real estate.
Ia apply same. with tho advice and direc-
tion Of superintendent OF parks and the
senior professor OF botany of Brown Uni
versity, In the purchase or bulbs. seeds.
foreign and domestic. trees. plants and
vines. 10 be planted In the park -
Should the city refuse the beduest
with its provisions. one Of which Is
that nll specimens shall be exhibited
seven days I'm the week. then it Is 10 go
TO Harvard University with it's like
powers. 10 he applied by the university
TO the payment OF scholarships. az the
governing board may see III. preference
20 be given to Rhode Island boys
Mr.. Smiths estate. II Is sroughlv esti-
mated. is valued at from 500. 900 TO $780,
o0O Under the provisions OF the will the
income Of the cstate.which is left after
tho minor bequests arc paid Is 60 20 20
the park when IL reaches $4,000 at the
option of the trustees.
t-nder the terms or the will. n is not
obligatory upon the trustees to turn the
income over 10 the park I'm rump sums ~
ss5 0ao the fine Of transfer Of tIh accrued
interest being lcft to their Judgment. Mr..
Smiths money is very wisely Invested.
and " r. probable that the estate may
furnish an income Of $4,000 Avery two or
three years.
Mr.. Smiths generous legacy brings the
bequcsts OF the mark during the past
wear mn 10 about Nno 00n the other
large beduest bcing that of Ann Man.
which. although In LITIGATION ~ present.
will doubtless be settled In a manner sat-
isfactory 70 the city.