Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1908-12-22
REQUESTS ARE NoBLT
DIVIDED BY MRS. uTT
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to her not to dispose of tho LiIl-
burn property, if she can avoid
doing SO. and OF the Scott prop
erty, if 1t becomes necessary to
DISPOSE of the other, T direct that
my executors and trustee pay to-
ward her living expenses the fur
Their sum of $4,000 per month as
long as she holds one of the pieces
OF said property free from encum-
brance, but the payment of said
additional sum Of $4,000 per month
is to be suspended as soon as she
sells or encumbers without the
written consent of my trustee both
of said pieces of property, and the
payment of said additional sum
shall not again be resumed by my
trustee unless she becomes in ac-
tual need thereof. The payment,
or any part thereof, here in pro-
vided to be made for my said sis
ter may be suspended at the will
of my trustee if she ever rests I'M
der legal disability to conduct her
own affairs. Suspension shall
continue during the disability
Lucille McNair Chief Beneficiary.
Mrs. Utt's niece, Lucille McNair.
laughter of Mrs. Anna McNair, is the
.hiet beneficiary under the will. The
expenses of her schooling are to be
oaid, and after she reaches nineteen
years of age the trustee under the
will is to pay. all her necessary. ex-
penses and furnish money to her, but
the total amount expended in her be-
half shall not exceed the sum of $4,000
PER year, unless an additional amount
Is. rendered necessary by reason OF
sickness. Should the niece marry
then the payments for the purposes
above stated are to continue. but are
not to exceed the sum of 100000 per
year.
When the niece, Lucille McNair,
reaches thirty years of age she is to
receive 100000 out of the principal
fund of the trust estate and she is to
receive a like sum at the ages of
thirty-fi five. forty. and forty-tive When
she reaches fifty years of age she is
10 receive the entire trust estate. In
fasesthe niece should die, leaving
children surviving her, then the child
ZEN are. to take; the trust estate.
An Important Clause.
The sixteenth clause of. the will is
VI especial interest. and IS as follows:
eff my niece die without issue
before she has obtained her full
share aof my estate, I desire that
my estate then be divided into
twes.parts. and one. part. to be
giten tosthe Qttuinwa Hospital as
ISOLATION and the other part to be
devoted to the poor of Ottumwa,
Iowa, under the direction Of my
trustee. This division shall not
take: place until after the death Of
n1y...said sister and the trustee
hereinafter named but the net
proceeds of said funds shall be
given to the said beneficiaries.''
The testator leaves the Management
If the trust estate to her trustee. and
% prevent interference by anyone has
made the following provision:
1T Is my desire that my trustee
shall not be required to account
to Or report In any way to my sis
ter OF to any other beneficiary of
the estate. 1t is my wish that the
mana cement Of my trust estate be
left solely to the direction of my
trustee hereinafter named during
his control thereof IL any bene
f1ciars attempts to interfere by
court action or otherwise with the
conduct of my estate. or the trust
estate, the one so interfering shall
forfeit all rights to the payments
provided for said beneficiary that
would otherwise fall due during
the period of such contest or in
terference..'
WV, Coreyacf Ottunwa, and the
Aestator' S husband w. H. TIT, of
Thicago, are appointed executors of
The will, and Htfle Will directs when It
ian be done. the estate shall be closed
Ia the probate court, and shall be con-
tinued thereafter as a trust estate. w.
II. UT is appointed s. sole trustee to
take charge Of and to manage the
trust estate.
Upon the resignation or death of the
said trustee the jurisdiction and man
Rgemelt. of the trust estate is to be
transferred to Ottunwa, and the court
having jurisdiction of such matters is
asked to appoint as trustee some per-
scn to be designated ir writing by a
majority of the board Of directors of
The First National, Bank Of Ottumw-
wa.
The bequest to the Hospital asso-
station Of 100000 is to be paid as
soon as convenient. without waiting
for the estate to be closed in the pro-
bate court.