Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1901-11-02
Estimated That She win Receive
About $4,000 Yearly From
Husbands Estate.
SEVERAL BIG INSURANCE POLICIES
One Held by Late President for $4,000
Interesting story Touching the
Personal Effects OF Dead
Executive.

or the estimates have been furnished
by persons who. for one reason or an
other were personally interested In
fixing the figures at the sum named by
them.
According to the Insurance Press,
which conducted an impartial investi-
cation, the late president carried the
following insurance:
New York Life, $50, 900; Connecticut
Mutual, 10000; Michigan Mutual, ST.
600; Equitable, -. The Equitable
policy, the amount of which could not
be learned, was written through the
Columbus agency in 1892. and was paid
by the company on Monday last.
The Connecticut Mutual policies were
two in number, for s., 1000 each. One
was written by Captain Robert II. KEEL
logg of Cincinnati: the other by j. A.
Strobhart of Canton.
The president carried two policies
In the Michigan Mutual Life Insurance
company. one of $4,000, issued October
2, 1878, and another OF S., 900, issued
December 20. 1884. Both Of these poll
cies were so'icited by his uncle, Joseph
s. SaXton of Canton, who has been the
agent of this company for the past
twenty years. At one time, while Mr..
Mckinley was practicing Law in Can
ton, he was employed by the Michigan
Mutual as a~bstraCter and attorney, and
1t was In that company that he took
u his first insurance.
President Mckinley was insured IN
the New York Life for the first time
I'm 1888, on the ordinary life, ten-year
accumulation plan, for SO, 900. He ac-
cepted the cash value due on his policy,
No. III, 0S1, In 1898. He was insured a
second time on the ordinary life, ten
year accumulation plan, May IA, 1885,
for SO, 900, and received the cash value
que In 1896.
One Policy for $4,000.
in 1896 he was again insured for $50
900 ordinary life plan, tifteen-year ac-
emulation, premium $2,167.50. This
policy was changed to a f~ifteen-year
endowment, f~ifteen-year accumulation
plan, premium, $4,125, August, 1897. This
policy was in force at the time of the
presidents death and was No. 1857.
On July %, 1901, Secretary Cortelyou
sent from Canton a check for S4,125, the
amount due July 2S, TO President Nc
Call of the New York Life.
An intimate personal friend of the
president in Washington, who, while
having no active part in The late presi-
dents affairs, was in a position to
know, confirmed the statement that
Mrs. McKinley's income would prob
ably amount to about $l3, 900 a year.
Secretary Cortelyou Will go to Cam
ton within a few days for the purpose
of disposing Of the effects in the Nc
Kinley home and to attend TO some im-
portant matters in connection with the
late presidents estate. When Mr.. Cor
telyou succeeded John Addison Porter
as the presidents secretary he was
asked by President Mckinley one day
to write some checks for him TO which
he later placed his w signature.
This was the beginning OF a partici-
patton in Mr.. McKinley's private af-
fairs, which Mr.. Cortelyou entered into
fully within a short time. He became
the presidents business manager so far
as his private affairs were concerned.
1t became known to many Of the presi-
cents personal friends some time ago,
although not through any breach Of
faith on the part OF Mr.. Cortelyou, that
Mr.. McKinley's personal affairs were in
bad shape. While his devotion to the
business Of the nation was such as to
arouse the highest admiration, his
methods in tr%ansacting his personal
business were easy going. 1t should
be said, however, that these methods
did not apply to his obligations TO 9TH
ers, for he had paid his bills promptly,
and when he died he had not q debt
in the world. His debtors, however,
were not always so careful, and, until
MI WI w Noi ii' oooANN'iih'
many persons owed Mr.. Mckinley
money for a long time, without ever
having been disturbed by a request to
pay
White House Effects Packed.
When President Roosevelt took up
his residence In the white house Mon
day the last of the personal effects Of
Mrs. Mckinley and of her lamented
husband had been packed away in box-
A, 10 tho No cnf,Nnft nf fhn m foCin1
ready for shipment to Canton Tuesday.
The work Of collecting and packing
these effects was performed by the
trusted servants of the late president
and Mrs. Mckinley, under the super
vision OF Secretary Cortelyou and Col
onel Bingham, superintendent Of pub
lie buildings and grounds.
Various boxes and pieces of furniture,
of which there are a large number, will
be sent by express, addressed to Mrs.
Mckinley.
Present Mckinley and his wife had
only q little furniture Of their own in
the white house, all necessary articles
of that sort being provided by the gov
eminent, but Of clothing and brlc-a-
brac and various valuable souvenir
of William McKinley's term in office
there is a large stock.
Some OF the articles are of consider
able intrinsic value, and among the
number are at least a score or two thai
will be dearly priced by Mrs. Mckinley
as memories of her husbands great ca
reer and as reminders of the loving es-
TEEN in which he was held by the peo-
pie.
Although some of the presents of
great intrinsic value which have been
given President Mckinley during the
last five years were stored away in
other places for safe keeping, there are
still a large number of things In the
white house which represent a large
value even as old gold and silver.
Among these are the beautiful vases
presented to the late president by the
president OF France, a solid gold plate
weighing at least two or three pounds,
presented to Mr.. Mckinley last spring
by the knights Templar OF California,
and other articles made of precious
metals, deliberately embossed and en-
graved with appropriate inscriptions.
Kept Presents In View.
All these presents Mr.. Mckinley kept
In his library In the white house, some
OF them in plain view of such visiting
intimate friends as he sometimes re-
ceived there.
The late president also had a consid-
cradle number of books in this library
and in other rooms In the private part
of the mansion which were his person
al property, and which will be shipped
TO the Canton home of his widow.
During the first three years of his ad-
ministration the president had a num-
her OF pieces of furniture in the pri-
vate apartments of the white house,
but when his Canton home was remod-
eled and enlarged these were removed
thither so that there Is now practically
nothing in the way of chairs, tables,
bureaus, or other pieces of household
furniture remaining in the executive
mansion.