Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1906-01-03
YOUNG is GUILTY BENEFITS PUBLIC
Will of Charles T. Yerkes Pro-
vides for Hospital and
Art Galleries.
ESTATE OVER $4,000, 600
Greater Part Conveyed for Life OF
eeneficiaries to Return EVentu-
ally to Charities.

New York, Jan. 3.-The will OF
Charles Tyson Yerkes, which disposes
of an estate valued at between $12,-
100000 and $15,000,0O0, was read TO
the immediate family at the Yerkes
home, S64 Fifth avenue, at noon yes
terday, by Clarence A. Knight, of Chi
cago. who drew it and who was Mr..
Yerkes' legal adviser
Mrs Mary Adelaide Yerkes, the wild
ow. gets 100000 absolutely, the
houses at Fifth avenue and Sixty
eighth street, together with their con-
tents during her lifetime, and the in
come from one-half of the residue of
the estate after specified bequests have
been satisfied. All the personal prop
erty excepting the art collections goes
to her and her assigns.
sons Portion.
Charles Edward Yerkes. the son, gets
100000 absolutely, and the right to
dispose by will of 100000 of the
estate. When certain bequests have
been satisfied he will receive the in
come from one-fourth of the residue.
Mrs. Bessie l.. Rondinelle, of Phila-
delphia. the daughter, RECEIVES $780,
900 absolutely and the right TO dispose
of 100000 of the estate by will. She
gets also the income from one-fourth of
the estate after the bequests mention
ed have been paid.
Homestead Wife's During Life.
The homestead at Fifth avenue and
Sixty-eighth street, together with it's
contents, paintings, bronzes, statuary.
tapestries, and the other objects of art
will be enjoyed by Mrs. Yerkes until
her death. the will provides, unless she
should be willing beforehand to turn
them over to a corporation which shall
maintain them as the Yerkes CALLER
les
Upon her death. if she has not al
ready carried out the will of Mr.
Yerkes on that point. the houses and
the art collections are TO go to a cor
poration organized under the laws of
the state of New York for the main
tenance and preservation of an art gal
lery on the premises. which is given
to the corporation.
Upon the death of Mrs. Yerkes, the
trustees are to pay over to the direc-
tors of the Yerkes galleries. out of tie
onehalf of the estate set aside for her, |
$3.50. 900 in cash for the maintenance
of the galleries.
Big Hospital Ia he Founded.
The will of Mr. Yerkes provides that
upon the death of Mrs. Yerkes there |
shall be established in this city, upon |
a site to be purchased in the Bronx. n |
hospital 10 be known as the "Yerkes |
hospital" 1t is provided that on the
death of Mrs. Yerkes a corporation
shall be formed for the purpose of
the hospital. which. it is
provided. shall cost in all not more
than 100000.
This amount is to be set aside from
the principal of the one-half of the es-
tate set aside for the use of Mrs.
Yerkes during her lifetime. after $780,
600 shall have been paid out of it for
the maintenance of the Yerkes CALLER
les. Then the hospital is to receive the
remaining portion of the wife's half. as
well as any accrued income remaining
to be invested.
Eventually the Yerkes hospital will
receive the quarter shares of the prin-
cipal set aside for the use of the son
and the daughter.
There are varying amounts left to
a number of the more distant relatives,
and also friends, for their use during
life. to revert at their death to the
body of the estate. Even the Servants
are well taken care of.