The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-03-31
The HackfeId Stock Is
Placed in a Trust
Fund.
Money Owing by Corporation to
Be Withdrawn So as Not to
Embarrass 1t.

The win Of the late Faul Heinrich
FREDERICK Carl Isenberg was admitted
TO probate by Judge Gear yesterday.
The win is dated February Z. 1901, and
is witnessed by Clarence H. Cooke.
Frank c. Anterior. ana Augustine
Douglas McBryde.
The will provides after the payment
of the '.just debts and testamentary
expenses that to each of decedent's
sisters. Bertha Isenberg and Anna
strauch, is given for their joint lives
the sum of 5000 per annuIn, and to the
survivor Of them for life the sum of
$500 per annum.
| To Marie OGDEN. the widow of Memo
OGDEN. of Hanover. Empire of Ger
many. is given the sum of $500 per an
rum for life.
To the wife of the deceased. Beta
Margeretha Isenberg. is given the res
idence in Bremen. being No. 10 Contre-
scarpe street, and all the furniture.
painting and fittings therein.
All the rest and residue of the estate,
real. personal and mixed. including
life insurance policy for 10000 in the
New England Mutual Life Insurance
Company. of Boston, lexcepting the
interest Of deceased in the corporation
Known as II. Hackfeld & Co, and any
moneys loaned to that corporation is
hequeathed to the widow, Beta Marger-
etha Isenberg. and ito my eight chill
dren. to-wit, Mary Dorothea Rice Isen-
berg, Daniel Paul Rice Isenberg, Jo-
hannes Carl Isenberg, Henry Alexander
Isenberg, Julia Maria Pauline Barck-
hansen. nee Isenberg; Clara Marguerite
KaeIimaeole Wendroth, nee Isenberg;
Richard Memo and Paula Bertha Jo-
hanna Isenberg; to be apportioned
among them as follows:
ITO my wife. that portion and inter-
est in the real and personal estate COM |
prlsing said residue as under the laws |
OF the Territory of Hawaii existing at /
the date Of this will, she should receive |
as dover or otherwise as my wife IL |
died intestate leaving lawful issue, and |
20 my said children the balance of said /
residue. share and share alike. II any |
OF my said children shall die before |
RE. the share of such deceased child or |
children to go to his or her heirs at
law"
To the widow and to Henry Alexan-
der Isenberg and to John f. Hackfeid
are given all the shares owned by de-
cedent il H. HackfeId & Co., and any
moneys loaned to said corporation, in
I, ust for the following uses. To collect
the open account in sucn instaIlments
az they shall see fit, 1T being my desire
not to press said collections so as to
eInbarrass said corporation in the
maintenance or development Of its bus
mess. but 1 expressly direct that not
less than 100000 shall be collected of
said account annually. and as to such
shares to use up to one hundred and |
fifty of such shares at one time during
the continuance. of this trust in tenn
porary transfers thereof to employees of
said corporation while in It's employ. at
rar OF upon such terms rs they may
deem best" In accordance with it's
charter and bylaws and in conformity
with its custom.
The income and realization from
these shares is to be paid to the wife
and children, ana upon :he collection
of the open account from HackfeId &
Co the trust is &c cease. When the
trust is terminated. the shares in the
corporation are also to be divided
arncng the widow and children. 1t is
provided that the trustees shall first
provide for the life annuities specified
above.
It is provided that if at the time of the
Death of the testator any of his chill
dren shall be under the age of twenty
five years, the trustees above named
shall act as guardians of the property
CT said child.
The VIII provides further. that the
testator having advanced the sum of
100000 to each of his sons. Daniel Paul
Rice Isenberg ami Johannes Carl Isen-