The Washington times., 1901-10-09
THOMPSON ESTATE IN TRUST.
To BE Divided When Grant Children
Reach Maturity

! William A McKennev yesterday offered
, for probate the last will OF John w
| Thompson The document is dated July
! 8 Is and was on deposit in the vaults
! Of the american Security and Trust Com
pany which the testator named as execu-
! tor and trustee Of his estate.
In the document the testator states that
he leaves his eutire estate to the execu-
tor in trust to hold and TO manage. 1t
is directed by the terms of the viii that
the executor, at the end of each year
shall make an accounting of all rents, in
come, profits, and revenues, and after
deducting all costs and charges, and after
further deducting the amount payable to
his daughter. Mary ida Thompson, and
further deducting therefrom the sum pay
able to his son Ross Thompson. the re-
mande- of the rents, incomes and profits
shall be invested in good, safe and secure
interest-bearing di7idend-paying Sc
curities, either in the nature of bonds and
stocks, but not railway bonds stocks
or notes secured by first deeds of trust or
mortgages on real estate in the District
Of Columbia.
II Is directed that the executor shall
| pay to Mary Ida Thompson, the testator's $
daughter, the sum of 5000 annually iT
equal quarterly payments during her life
time or until the youngest Of the chill
dren of his son, Ross Th0Iarsoh- shall
reach his majority II is directed FUR
ther that the executor shall pdv~to Ross
Thompson the sum Of $4,000 annually IN
quarterly payments during his natural
life or until his youngest 'child should
reach tWenty-ODc years Of age When
the youngest child OF his son shall come
OF age the executor Is directed 10 de-
! liver TO Mary Ida Thompson and to Ross
/ Thompson, and 10 the child or children
Of the latter- and to tho survivor or sur
vivors 81 them, all the estate OF the ties
3 tgrnT in equal shares
On the event Cf the death Of Ross
| Thompson before his youngest child ar
riyes at the age Of n. the executors is in
structed to pay to the guardian Of his
child or children, the sum of 5000 an
nualiy, until the Youngest Of them ar
rtves at the age of maturity. II is further
. directed that the payment Of the 1900
annuity 10 his daughter ana the 81 Ogp TO
his son or his sons children shall be
made by the executor solely by checks
or drafts drawn to the order Of each of
his children, or grandchildren, as the
case may be, and requiring their pers5n:fI
endorsement No assign ment Of the
nhCle or any part Of such payments pro-
Vided to be made to them shall be rCcnl.-
! niZed by the executor, nor shall any
money be paid by the executor in resDcct
to any assignment, real or pretended, bv
the children or grandchildren, of any in
! terest which they may be, or may be
come entitled to, under the provisions of
the will
The testator further says that he has
made tho b,Gucsts mentioned. after care
ful consideration. with a view Of pro-
viding bis children and the issue Of his
son with an income, and TO prevent,
far possible. wasting Of the estate.
He therefore directs that, should any of
Tho persons named as benefciaries. at
tempt TO contest or set aside any OF the
provisions OF the VIII, such persons Will
not be entitled to receive any part of his
estate. and any bCuuests made them shall
b. revoked,