New-York tribune., 1907-05-09
SMITHS HEIR TO STAY.
FORTUNE IN RAILWAYS
Dead Man Care Asoay Millions
During Lifetime.

George Grant Mason, the most favored nephew
- the late James Henry Smith, who receives
rz,o-thirds Of his uncle's residuary estate. has
been living with his wife at the Hotel Neither
land since they came to New York several weeks
ago He said last evening 10 a Tribune reporter
hat he expected 10 remain here for at least a
YEAR as il would take that long to settle up his
--rele's estate. Mrs. Mason viii soon go to their
former home In Aberdeen. s. D., to bring TO
New York their two little children. and it is
nrobable that the family Will make home per-
manenIly in this city.
AT present haven't much 10 say about my
Mans" Mr. Mason said, In reply TO an inquiry
'T came here on leave OF absence with the
knowledge that I should be one Of the executors
of my uncle's estate. The position OF division
superintendent Of the Chicago, Milwaukee & St
Paul Railroad at Aberdeen is left open to me If
should to return to IT. do not yet know
II 1 shall become a director OF the company. al
though think all the ST. Paul holdings OF my
uncle viii remain in the family
It has been known that most of the fortune of
James Henry Smith was IN railway stocks and
bonds chiefly st. Paul securities. Executors Of
Mr. Smiths will said yesterday that probably
the heirs would take their shares Of the estate
in those securities and hold them intact. Her
man S. lie Roy. Mr.. Smiths manager at No. 10
Wall street, was made a st. Paul director IN
SfnlInS place last summer, before the latter
started on his trip around the world. AS one Of
the executors of the estate, Mr.. lie Roy Will re-
main a ST. Paul director for a year.
Mr. Mason gave the information that George
Simpson Eddy. of the five executors of the
estate, was a lawyer OF Chicago. Mr.. Eddy,
who was second cousin Of Mr.. Smith. receives
$4,000 under the will
Executors of the Smith estate yesterday ex-
planned why the estate. which reported to
exceed SJ0,000,000 at the time OF Mr.. Smiths
death was somewhat less than S30O000O0 at
present. They said the reports were known to
them to be exaggerated at the time they ap-
peared in the newspapers. As a matter of fact
they said, James Henry Smith received only
one-half Of the estate Of his cousin. George
Smith. who died in London. The other half
went 10 Sir George Cooper, who married James
Henry Smiths sister. and also was related
through his mother 10 George Smith.
There also was explanation why be-
guests were made in James Henry Smiths will
10 his old mother and his two living brothers.
George 4. Smith and John Yule Smith. 1t was
that ample provision for them had been made
while Mr.. Smith was alive The amounts of the
gifts to them were not told. but one of the X
ecutors said:
George A Smith and John Yule Smith Will
receive citations before the will of James Henry
Smith is pro5ated and It is certain that they
will give waivers on account OF what they have
already received. There will be complete una
nimity among the heirs in the application for
the probate OF the will"
Executors said yesterday that while Mr.. Smith
gave relatives several millions before his
death, HIS gifts had not greatly depleted his
estate which nearly as large at the time OF
his death as IL was when he received 81 from his
cousin. II known, however, that Mr.. Smith
had planned 10 give 10 his relatives IN his life
tine even larger sums than they had received.
1T must be remembered" said one Of the eX
scutors, that when Mr.. Smith made his VIII he
was In the prime of life and IN vigorous health,
expecting 10 live many years The will Was
made partly for the protection Of his newly
welded wife"
II was ascertained yesterday that Mrs. Smiths
son, William Rhinelander Stewart jr.. did not
enter 81. Bartholomew's Church Tuesday at
the funeral OF Mr. Smith. He had promised his
father who has full custody OF him under the
terms of the divorce. that he would not attend
the funeral. He went TO the church with his
mother IN q carriage. because she was Ill and
feared collapse. but he remained on the sidewalk
during the service. After the service, as she
was not able 10 go TO the cemetery, he took her
home n the carriage.