Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-02-22
The YERKES ESTATE
AMOUNT MAY BE SOMEWHERE
NEAR $4,000, 900.

The name of the late Charles T. Yerkes.
the traction magnate and millionaire, will
he before the public for some time to come
IL present indications materialize into some
thing tangible According to New YORK dis
patches the Yerkes estate will amount to
about S10,00o,000, instead of $500 900, as
was at first estimated.
That news of this startling discovery had
suddenly reached the ears of Mrs. Y erkes-
Miner seemed certain last night. when it
was learned that she had hurriedy revoked
her decision to withdraw as trustee under
the will, and that Louis s. Owsley, co-trus-
tee with her and her stepson Charles, had
rushed to New York from Chicago, sum
moned to a conference with her.
Mr.. Miners Statement.
ut has been ascertained," said friend of
Wilson Miner, the young husband who left
the house on ST. Valentines day, after q
tempestuous scene with his bride of less
than three weeks because, according to the
reports, she would not give million dollars
to him. that about $50, 10000 worth of
bonds and securities belonging to the Yerkcs
estate had been hidden. Wilson, who had
been a counselor to Mrs. Yerkes for more
than fourteen months before he married her
and In consequence was thoroughly con
Versant with most of the details of the
Yerkes fortune, on which Mrs Yerke5 Seot
herself well posted, had his suspicious
aroused Immediately after the estimate Of
the value of the estate had been made by
the lawyers and the other interested per-
sons. Quiet investigation begun at that
time reached the point yesterday where it
was indicated that his suspicious had foun-
alton IN fact"
The report that the Yerkes estate had
shrunk mysteriously was emphatically de-
MED by Louis S. Owsley. one of the trustees
know ShriullaPa
said and so far have not been able 30 tell
the value of the estate. OF course, nobody
can say what certain properties will bring
until these properties have been offered for
sale. So far as the London securities hold
by Mr.. Yerkes are concerned, I will say
that there has been no decrease in their
value. About the Chicago tractions-welI,
that's another story"
Hiding of Securities.
1t is not a shrinkage, however, in the
value of the securities that the MiZner Ieo-
pie hint at, but a deliberate hiding CT guam
titles of bonds 1t will be remembered that
general surprise was expressed when the
estimate of $15, 900 was given as the total
value of the Yerl1es estate at the time of
the traction magnates death, and it was
suggested then that millions in securities
had been given by him during his life to
Miss Grigsby and other young women ne
had befriended unknown to his wife. At
least half dozen young women, it was
learned after his death, had been the bene-
ficiaries of his lberality.
To what extent that liberality had depict
ed his fortune was not known. The major
ity of these young women had been educat-
ed for the stage or for literary pursuits by
Mr.. Yerkes, and the cost of their education
under the greatest masters and tutors in
Europe was enormous. In addition to that,
Mr.. Yerkes invariably installed them and
their families in establishments commensur-
ate with the wealth of a multi-millionalre.
1t is believed, however, that Mr.. Yerkes
critics in conjunction with partners, and
that these interests were In many cases in
the names of partners of whose identity he
alone knew. 1t has been suggested that
these properties are still in those hands,
and efforts to unearth them are to be made.