The Providence news. (Providence [R.I.]) 1891-1906, 1902-02-27
MllIleualra JsWeIer Practically
Cuts OH One Son.
COMMENTS IN A coOIcll.
Convinced II wsuld Be 0IsadVaniagssus 10
Burnett '. Tiffany 10 Have Income Adore
That Necessary for Support

New York, Feb. 27.-Charles l.. Tiffany.
the well-known jeweler and founder OF
Tiffany a Co., who left a fortune OF sew
veral million dollars, I'm codicil TO his
will filed with the surrogate yesterday.
after providing for all his children In a
most liberal manner. practically cut OFF
his son Burnett Y. Tiffany with $1,000 a
year.
This codicil was drawn in March. 1897,
the will bearing date of June 80 1896. In
the codicil Mr. Tiffany expressly limits
the income of his son, saying that he
does so because he does NOT think Bur-
nett Y. should have an income much
larger than is necessary for his support
On this point the aged merchant has this
To say.
MY observation OF the character of my
son Burnett Y. Tiffany convinces me that
1t may be greatly to his disadvantage to
be I'm receipt OF an income exceeding
what is actually necessary for his sup
port and maintenance"
TOUCH OF PITY FOR HIS SON.
Mr.. Tiffany then leaves 10 the execu-
tors $4,000 and fifty shares of the stock
OF Tiffany q Co. Ito apply such part OF
the same as in their discretion they shall
from time to time deem fit and proper.
which discretion shall not be in any man
ner interferred with by any court" for
the benefit OF his son Burnett for life
and the balance OF tho income for the use
and benefit of Louis c. Tiffany and Mrs.
Annie Mitchell
Upon Burnett's death" directs Mr.
Tiffany, II give and bequeath the sum of
s25O,OOO and said fifty shares of capital
stock OF Tiffany a. Co. 10 his issue other
than his issue by his present wife, IL any
then living, and IL not. 10 my son Louis
c., and my daughter Annie o., or the
survivor of them
And I'm my opinion, which, however, is
not TO control the discretion of my exec
utors unless radical change shall take
place In his life and habits. the sum of
5000 per annum, payable in monthly in
stalmentS, VIII be an ample amount for
his proper support and maintenance"
Charles L. Tiffany died a week ago at
his residence. 255 Madison avenue. after
having only few days earlier celebrated
his ninetieth birthday. The petition for
the probate of his will was made yester-
day by his son Louis c. Tiffany, who is
also an executor of the estate The other
executors are the widow. Harriet o. A
Tiffany; his son-in-law. Alfred Mitchell.
and his friends c. T. Cook and Charles F.
Miller
As the witnesses are dead il becomes
necessary for Probate Clerk Washburn
TO take evidence as to the authenticity OF
the signatures.
FAMILY HOME FOR WIDOW.
To Mrs Tiffany is given the family
residence at 235 Madison avenue with all
It's contents, silver and gold plate. horses
and carriages-everything I'm fact. save
MIR. Tiffany's gold watch. which is given
to his son, Louis G. Mrs Tiffany is also
given 100000 in cash and $50 shares OF the
capital stock of Tiffany a. Co., OF the par
value of $1,000 each. She also gets the in
come OF an additional $l50,O0O for life
Mrs. Annie O. Mitchell. the daughter.
receives 100000 I'm cash and l5O shares OF
Tiffany stock. A similar bequest is made
m favor of Louis G. Tiffany, the son
a trust fund OF $3.50 0o0 for Louise Tiff |
fany, a daughter, Is created