New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-11-01
GEORGE j. GOULD TRUSTEE.
PLACED IN CHARGE OF HIS SISTERS PROP
ERTY-COUNT BONI DE CAsTELLANE's
DERTS AND EXPENDITURES

DEBTS AND EXPENDITURES.
! Paris. Oct 3l.-The Civil Tribunal has appointed
George J. Gould trustee for the Countess of Cas-
tellane. his sister According to the pleadngs in
the case. her husband. Count Boni de Castellane.
spent 100000 francs ($4,6oo00o) In four years,
whereas his income from his wifes fortune IS only
5000 900 francs
The action in the the result OF suit
brought by MI Gould against his sister. The Court
granted his request and appointed him trustee.
The proceedings conducted In session,
only the bare decision being announced. The Cas-
tellanes are in the country.
Maftre Bonnet, when applying for the trustee
ship informed the President of the Court that the
Countess herself recognized that the expenditure
had been too lavish, and that It necessary for
some one OF experience and authority to
her affairs. He went 70 say that. although the
| Countess was a conserving party to the trustee
ship it was desirable that he should furnish pre-
else details.
The income OF the Countess. ne went 10 set
forth. was 100000 francs. Since the marriage 49,
0ooo00 francs had been expended, and the debts
now amounted to 10000 francs. The Gould fam
/ lily had met IN consultation and unanimously de-
cided 10 authorize George J. Gould TO make the
present application.
The debts, Maftre Bonnet said, were the follow
ing: Three million seven hundred and two thou
sand francs in connection with the Charity Bazaar
Building and the hotel in the Rue Malakof. etc;
65S526O francs mortgages. payable from 1909 10
1900; 4292155 francs bills. money loaned 100000
francs SI1,s owing cQrio dealers .u. 49,. 49,. ..,
tors distraned on the Seine Ct Disc property and
that the family had TO intervene to prevent the
Win regard to fitness Of George Gould to be trus-
was larger -fa fhar If The Countess mat AMI nor
ity based Oh affection would be great anc that no
who was appointed executor of his fathers will
! OF the debts would take a nurnner of years and
that therefore it would be Wis, to economize and
IF 5g9s 'ang this bs1 view d ofhe the ne plain
B
Il appears that the Countess who was not pres
ent IN court today, was questioned BY President
Ex-Judge John F. Dillon. counsel for the Gouds
said yesterday afternoon tHat he had heard Moth
ing about the reported action Of the Paris Court
but that might very well be true, the placing
OF property in the hands of trustee was very
common proceeding in France, and cast rehec-
ton upon the persons whose property
. treated
Judge Dillon declined comment further upon
the dispatch. but from other sources 1t learned
that the alleged to have been spent is proba-
bly, not q little exaggerated BY the VIII OF
Jay Gould. who died in December, 1882, his
estate, after the payment of the specific legacies
was devised to his executors and trustees in trust
70 be divided by them into six equal shares, for
each Of his children, and each child was eceive
the income of share for life. The value OF the
residuary estimated at about $50 600 600
so that the Countess Castellane has been in re-
ceipt OF the income from sl0,Oo0O00,
The will also directed that the property of the
testators daughters for their sole and separate
use free from any control of their husbands so
that Count has time controlled his wife's
fortune He has however. IL is assumed. exercised
practical control her income, and in addition
has piled up vast debts the credit given him
the husband Of a woman wealthy the former
Miss Anna Gould. The decree OF the Paris Tribu-
nal gives George J. Gould control OF the Of
his younger sister estimated bout $500 900
year. OF this sum. il IS understood, Mr.. Gould will
pay the Casteanes what he thinks necessary
living expenses, applying the rest the
satisfaction Of the Countess's debts. When these
aNtipg SbHdH hAju md
the Countess is not liable for her husbands indi-
vIdual debts). IT is said the trusteeship may be
terminated. The executors and trustees Of the Jay
Gould estate Georf1 =, Edwin. Howard and
Frank ]. Gould and Miss Helen NJ Gould.