The Providence news. (Providence [R.I.]) 1891-1906, 1902-08-26
$4,000 A
YEAR FOR BOY
Court Asked TO Grant That A.
IoWance to Young Whaley.
IA YEARS OLD AND 6 FEET TALL
Present Allowance Of $1,000 a Year Not
Sufficient, He Claims Wants Horse
and Gold Watch.
IA YEARS OLD AND 6 FEET TALL

New York. Aug 2s.--How much money
is Il necessary TO spend each year upon
the education and maintenance or Ia
year-old boy, six feet tall, who Is pre-
pairing for Harvard university?
This is the problem the supreme court
is called upon TO solve In the shape OF
decision on an application made by Mary
Whaley Chsolm, who says that sIOo
year is totally inadequate for the sup
port, maintenance and education OF her
nephew, Francis Marion Whaley. and
who, through her lawyer. Clifford w.
Hartridge. asks the supreme court TO Is
sue an order increasing the boys allow
ance to $4,000 a year.
Francis Marion Whaley although only
fourteen years old, Is lad OF stalwart
growth He Is said TO be now nearly six
feet TALL and he has several years yet In
which to add to his stature. He is the
only child OF Louistne W Whaley, VINO
was daughter Of Nathaniel l. Nc
dent OF the Old Domondon Steamship
company. =
The iatter's grandson is the boy I'm
whose behalf the application Ia made 70
the supreme court. and who when ne
comes OF age will be a millionaire In MS
own right
HIS INHERITANCE.
Mr McCready, the boys grandfather.
died In lsS7, lsavins s1 estate valued az
nearly 81. 900, 900, one-third OF which went
Whaiey. R SUBJECT to her conaributins a
like proportion TO a fund OF $4,000 TO be
paid annually TO Caroline A. McCready.
MI Mrs %sssy dssd M,dO% ON tSr Sst me 1882
years and a week after her father. leav-
Ing a husband. william WhaIey' and the the
son, Francis Marion Whaley, whose
nse1s nse%. are seurS 70 @haeg H
the entire estate left BY her father in
trust for her TO hsr only Ghiid: tne ne ogS
the hands of the Farmers Loan and
Trust company. 1t has in It's possession
$500 Of capital and about $4,000 In &C
crued interest and accumulauons or IN
come 49,
The boy under his mothers will Is en-
titled during his minority to the accu-
nuai income from the trust fund. sub
1ect to the payment OF oneLthird OF the
annual sum OF $4,000 to his grandmother
YEARLY INCOME $4,000.
The estate left him by his mother =
| now producing an income OF about yHuV
| When he attains his majority ne VIII y
trust fund now held by the Farmers
l Loan and Trust company. together WIZ
/ all the accumulations Of income. suplect
| however to the charge In tavor OF "rs
| Upon the death Of his grandmothe
young Whaley will inherit a large sun sun
| OF money and other large legacies WI
| fall TO him upon the death of an unci
Mrs Chisoim and the boy have until
recently been residing in Charleston
| 8. c.. but to better prepare him Tor en-
| trance 10 Harvard she not long ag
| moved to Cambridge. Mass. where he J
taking a course in a preparatory scnooi;
| Mrs Chisolm asserts that she and IN
| bows father believe that he should no
be kept down In the matter Of his ex
pendNures, but should be made aecus
toned to handling money, so mat wne
he comes OF age he will not be temple
/ to run into exceeses as many other youn
men of fortune have done In the past
Mrs. chisolm adds that Is sSoes neoessat Z
nroyided with a horse for his own pr
vate use at cost Of not less less thar than siS syS
and asks permission Of the court
| make these purchases. a.
| The question Of the Increase IN tn
| ,ad's allowance will. as Is usual in sue
cases, be submitted TO n referee.