Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-01-25
FIELD WILL Is PROBATED
Eight Million Dollars Left in Trust for the
Columbia Museum.
BUSINESS WILL Be CONTINUED
seventeen Millions Distributed I'm
special Beuuests and Balance of
Estate Left in Trust for
Grandchildren.

CHICAGO Jan. A.-By the will Of the
late Marshall Field, which was filed late
today in the probate court. the city of Chi
caso is made the beneficiary TO the extent
of So 10000, which is to be used for the en-
dowment OF the Field Columbian museum,
now situated in Jackson park.
The entire bequest for museum, how
over. Is made upon the express condition
that within six years from the date OF the
death of Mr. Field there shall be provided
for the museum, without cost to it, lands
which shall be satisfactory to the trustees
as the site for the permanent home of the
museum. II within the six years the site
has not been provided the $4,000 is to re-
vert TO and become part of the residuary
estate.
In addition to the sum left for the museum
various requests, aggregating sl7,6sO0Oo, are
made to relatives and friends OF the tesla
tor. with these exceptions the entire es-
tate is to be kept intact until one OF the
two sons OF Marshall Field, jr, shall have
reached the age of 50 years. They are now
8 and " years of age respectively Marshall
Field. jr., died on November Il. 1906. OF a
bullet wound accidentally inflicted while
handling revolver.
Three Executors Appointed.
The executors Of the will are the Mer-
chants Loan and Trust company. bank in
which Mr.. Field held great amount of
stock; Chauncey Keep, an old friend of Mr..
Fields and Arthur Il. Jones. who has for
many years been Mr.. Fields secretary and
confidential man. In one instance the
United States Trust company of New York
is made trustee for fund of 100000: the
Illinois Trust and Savings bank and the
Northern Trust company, both of Chicago,
are also included among the trustees, but
the bulk of the estate is to be managed by
the three trustees first mentioned.
The business of Marshall Field & Co is
10 he maintained as a portion of the resid-
uary estate That portion of the will re-
latlng to it reads follows:
My executors and residuary trustees are
directed to recognize and promote the per-
Torrance Of any contract that may exist at
my deoease and may have been made by
me for the continuance In the business OF
Marshall Field & Co.. incorpora ted. or any
part of my resources therein.
Because of the failure TO file petition for
tho appointment of administra tors the value
Of the estate was not furnished To tho court
and even the executors themselves are not
able to at this time estimate It with ac-
euracy. Tho failure to file the petition with
the will is because of the great extent of
the property held by Mr.. Field and because
much time will he required for it's appraise-
ment. 1t will probably he several weeks
before the probate court is officially in
formed OF its value.
document Carefully Drawn.
The will of Mr.. Field is an extensive docu-
ment. covering thrty-two typewriter pages
and including with two codicls something
over 1900 words. 1t is drawn with the ut
most care and it is difficult to imagine any
contingency which may arise hereafter
which has not been foreseen by Mr.. Field
Tho will provides not only for the specific
manner in which each bequest Is to be paid
but states exactly what Is TO he done with
the funds of any particular trust II the
beneficiary shall die before or after his OF
her legal heirs. AS an instance Of tho care
with which the will is drawn In this par
ticular II may he stated that the residuary
estate, which is to tho two grandsons OF
Mr.. Field. is covered in all details of man
ascment and disposition down to the grand