New-York tribune., 1906-11-25
WILL FIGHT AVERTED.
OELRICHS HEIRS SETTLE.
Wido1O to Receive $1O0,OOO-Real
Estate for Son.

Mrs Theresa Fair OeIrichs, widow of Her
mann Oelrichs, has reached agreement with
Charles May Oelriohs, her brother-in-law and
the executor of her husbands estate, whereby,
in consideration Of bonds worth something over
100000 for herself and real estate valued at
more than $4,000 for her son. she has signed q
release of all rights to a further share in the
estate. Neither had a share in the estate under
the terms Of Mr.. Oelrichss will.
Jay Gambler counsel for William III.
Oelrichs yesterday filed with the Surrogate a
petition asking that he confirm the agreeme nj,
His sanction is necessary because minor is III
volved-Hermann Oelrichs. jr.. who is only
fifteen years old. All parties to the transaction
having reached an amicable agreement. ii Is be-
iieved that the Surrogate will interpose no OBJ
Jections when the petition comes before him on
Tuesday.
The next step in the settlement of the estate
Of Dir. Oelrichs will be withdrawal of the OBJ
jections interposed by Mrs. Oelrichs to the pro-
bate l~rhis county of the will of her husband, in
which both she and the son were cut off
Mr.. and Mrs Oelrichs had had some differ
ences prior to his death, which occurred on
shpbOard in the first week in September while
he returning from Europe week after
the funeral a will signed in June, 1906 was fled
for probate with the Surrogate of this county.
Mrs. Oelrichs had not known of its existence
but had in her possession Will made In Cali
fornia three years ago, in which she and the
son were the principal beneficiaries The latest
will had this 10 say about the wife and son:
AS my wife has ample fortune of her own. 1
make no bequest or devise to her
AS my son. Hermann Oelrichs. jr.. is the heir
and next of kin TO my wife, and will doubtless
be amply provided for by his mother in her last
will ana testament or by the law in the event of
her fnteStacy | make no beques. or devise to
him other than the specific bequest made in the
will
Mrs Oerichs did not contest the validity of
the second will, according to Mr Gambler, of Jay
& Gambler, but she did contend that the resi-
dence of her husband had been in California and
that under the laws of that state the estate was
a community estate. of which she entitled 70
at least one-half. She filed objections to ad-
mitting the will to probate in this state other
than for the purposes of paying such debts as
Mr. Oelrchs might have had here
William NJ. Oelrichs contended that at the
time of his death his brother resident Of
this city, having changed his residence after the
earthquake In San Francisco According to the
agreement Mrs. Oelrichs is to receive one hun
dred bonds of the Pacific Coast Company of the
par value of $1,000. There have been no recent
sales OF these bonds but the last quotation was
II bid IL asked This company runs several
steamship lines. and the Pacific Coast Railway,
and has many valuable concessions.
Hermann Oelrchs, jr, according to the agree
ment. is to receive a shooting ranch in the West,
known the Cygnus 1t consists of 975 acres,
and is valued at more than $4,000
The release signed by Mrs. William K. Van
derbilt sister of Mrs. Oelrichs. is simply a mat
ter of form. She surrenderS any claims she
might have the estate through her sisters
interest
Charles N. OelriChs out on Long Island
shooting yesterday, it could not be learned
which Of the benefiCiares of the will will suffer
result Of the compromise. one clause Of
the wll however, provided that in case the es-
tate decreases in value or depreciates so that II
will be insufficient to pay all the legacies and
bequests. the legacies shall be ratably and pro-
portlonatey decreased in amount. Some special
agreement will probably be made among the
heirs after the will has been admittd to probate
Under the terms of Mr.. Oelrichss viii. Lucy
Jay. his sister, and wife of William Jay, is TO
receive 100000. 70 two half sisters $4,000
and $4,000 respectively was left. Charles NJ
Oelrichs receive 100000 in fee simple,
and after number Of small bequests had been
paid he to get the residue Of the estate.