Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1907-11-27
TO Get MILLIONS
Grandsons of G. RI. Deere, by
His Will, will Eventually Re-
ceive Entire Estate.
TO BE HELD IN TRUST
Income for Education, and Principal
to Be Paid Over in InstaIlments,
Last at the Age of so.

Two Moline boys are made million
aires by the terms of the will of the
late c. II. Deere While the will is
still pending in the county court and
no official announcement has been
made of its contents, the substance of
its contents has been learned from
an authoritative source The petition
for the probate of the will is set for
hearing Nov. 80, and if this is approx
ed. the entire instrument becomes a
matter of public record.
Minor Requests.
The first part of the will of the Mo
line manufacturer contains the GUS
tomary provisions for the payment of
debts. funeral expenses and the ex-
penses of his last illness. and then
makes minor requests. The sum of
$4,000 is to be paid to Rev. George
Deere, a cousin of C. H. Deere. who
resides at Riverside Cal. Rev. George
Deere is the last male member of the
Deere family The sum of $1,000 is
also bequeathed to Miss Daisy Taylor
of Evanston, H., and also to Miss Nat
tie NJ. Atkinson of Newberry, VT
In these minor requests, provision
is made for the household servants at
Mr.. Deere's home. Overlook. it being
stated that the sum of 500 is given
to each servant for each year of ser
vice, and a proportionate sum for any
part of a year of employment.
Provides for wife.
The sum of 100000 is to be paid TO
Trust company of Chicago for invest
ment, and the income is to be paid
over to Mr. Wiman during his life
and upon his death the principal is to
revert to the general or residuary
estate.
The remainder of the estate is to
be held in trust, and One-third of the
income will be paid over to Mrs
Deere. during her life time, one-third
to Mrs. William ButterwOrth, daugh
ter. and the remaining one-third is to
be used in the support and education
of the grandchildren, Charles Deere
Wiman and Dwight z. Wiman. 1t is
provided that if the income so given
to Mrs. Deere and Mrs. Butterworth
is insufficient for their support, ad
vancements may be made from the
principal by the trustees, and power
is also conferred on each of them tC
dispose of portions of the principal by
will or otherwise.
Bulk to Grandson.
The shares held in trust for the
grandsons are to be paid over to them
in three installments. At the age Of
80 each will receive % per cent of his
share. at the age of 40 a second 2
per cent is to be paid over, and wher
they reach the age of 80 they are tC
receive the remainder. They will alsi
receive. after the death CT Mrs. Deere
and Mrs. Butterworth, the remainder
of their shares. so that the entire es
tate, with the exception of the small
requests of Mr.. Deere. and the por
tons disposed of by Mrs. Deere ant
Mrs. Butterworth, will eventually g
to them.
Associate Managers.
1t is also provided that the grand
sons shall, upon attaining the age o
25. become associated with the trus
tees then managing the estate. Unit
that time. William Butterworth ant
Burton F. Peek are to be the trustees
under the will. No bond or other sc
curity is to be required of the trus
tees. and they are given complet
power to make all sales or oth,r dis
positions of the property and in ger
eral to manage the estate, according
to their own Judgment.
There are no restrictions IN IN
will and the funds held in trust ar
so placed that the persons for who's
benefit they are set aside will have
voice in the management and inves
ment of the funds.
AS stated yesterday in The Argu
the stockholders of Deere & Co. nav
elected William Butterworth presider
and have made B. F. Peek dlrecto
and treasurer of the company.