New-York tribune., 1907-01-08
CASSATT WILL FILED.
Estate To Be Held Together-No
Public Benefactions.
TBy Telegraph to The Tribune. ]


Philadelphia. Jan. THE will of A. ]. Cas-
satt late president OF the Pennsylvania Railroad.
was MED for probate in the Office of the Register
oL Wits or Montgomery County at Norristown
THIS afternoon. 1t is estimated that the value
OF the estate is s1O,OO0OOO and it all goes TO the
family of the dead railroad man No public be-
quests appear. The document was framed with
a manifest determination on the part of Mr..
Cassatt to secure the perpetuation of his fortune
intact for so long the law viii: allow. No dis
trioution of the property is TO take place until
the death of Mr.. Cassatt's grandchildren. and
only small portion of the immense estate can
be disposed Of by Mrs. Cassatt and her children
by will at their death.
NO mention is made OF Mr.. Cassatts sster,
Miss Mary Cassatt. the artist, who is in Paris
or of J. Gardner Cassatt. his brother The onl
legacies in the will besides those to Mr. Cassatts
direct family are bequests Of $4,000 TO Dr.
James P. Hutchinson son-in-law. and $1,000
to r. Penn Smith. formerly manager OF the
Chesterbrook stock farm, owned by Mr. Cas-
satt' at Berwyn, provided he in the employ
of Mr.. Cassatt at the time of the latter's DEATH
Since Smith left Mr.. Cassatt's employ some time
ago the bequest is not effective.
No intimation is given in the will OF the exact
amount of the estate. Mr.. Cassatts wealth has
been variously estimated to be between five and
fifty millions. With the will was filed the Gus
ioHdry dppfalSeinent giving the value of the
estate as $4,000 and upward" The will was
executed on November 81. 1905 and codicil
on May 5. 1906. Mrs Cassatt is to receive all
the testatOr's books, horses, household goods
and other personal effects. She is also to have
during her life the Cassatt home In this city,
Chetwold, the home at Haverford. and Four
Acres, the summer home at Bar Harbor Me-
Mrs. Cassatt is to receive 40 per cent of the
income from the rest of the estate and 20
per cent is to go to each OF the three children,
Edward Buchanan Cassatt, Robert Keso Cas-
salt and Mrs Eliza Forster Stewart. who is the
Wife OF William Plunkitt Stewart. 1t is provided
that Mrs Cassatt. In her will. can dispose Of
one-tenth of the estate, and the remaining nine
tenthS is to be held in trust for her children and
grandchildren. IL is stipulated that all OF the
three children must. by WILL give two thirds of
their share to their children. to be held in trust
for them. and at their death the property must
be disposed of is required by law.
If Edward Buchanan Cassatt marrfes again
one-third of his share of the estate shall go to
his daughter, Lois Cassatt, who has made her
home with her grandparents in Rittenhouse
| Square.
The executors are the three children, the widow
and the Fidelity Trust Company The witnesses
| to the will William A. Patton, who was
assistant to the president Of the Pennsylvania
Railroad; o. J. Derousse, Mr.. Cassatt'S secretary,
and Nathan Spering
The cOdicil which was executed last May. pro-
vides that Mr.. Cassatt's daughter. Mrs. William
| Plunllttt Stewart, is to get house that is now
| in process Of construction at Chetwold- She
| is also to get Chetwold at the death of her
mother To Edward Buchanan Cassatt the
codcil bequeaths the Chesterbrook stock farm
| 1t Is mentioned In the codictl that Mr.. CaSSatt
! last year gave 10 Robert Kelso Cassatt and Mr..
Stewart each the OF 100000 to start them
in business, and Ii is stipulated that this amount
| be charged to Robert Kelso's share OF 20 per
cent of his fathers estate. 1t s decreed that the
| sum of 100000 already received by Mr. Stewart
shall neutralize the Wills stipulation Of $50 900
which otherwise would have gone to him.