The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1909-04-29
CHARITY WILL
GET 100000
Late Louis A. Heinsheimer's Brother
Will Waive Conditions Imposed
in His Will.


may prove legally impracticabie 10
carry out the exact provisions Of the
will of Louis A. Helnsheimer. who lief.
81 100000 for the benefit OF the six
largest Jewish benevolent institutions
in the city, conditioned upon their
either consolidating or forming q cor
poration which would act as collect
ing and distributing center for their
funds, yet the $1,000 900 fund Will be
used for the benefit OF the Jewish
charities in which Mr.. Heinsheime-
was interested.
Alfred NJ Heinsheimer, who as re-
& duary legatee will inherit the mil
lion dollar fund should the proposed
consolidation or feueration nc. tage
riace, has indicated to the trustees of
the six institutions concerned his per
feet willingness 70 waive whatever
technical legal objections may stand
in the way OF carrying out his
brothers wishes.
And IL this offer cannot be taken ad.
vantage Of, as now seems most proba-
bile. Mr. Heinsheimer has stated thet
when he shall como into possession OF
the fund, as reeiduary legatee he will
take the necessary steps to insure that
the money will be used for the benefit
OF the institutions named by his
brother. This means that Mr.. ieins-
heimer will not touch the 81 100000
fund himself. but will put II In trust in
some way TO be decided on later, so
that the Income from the fund VIII
go absolutely to the institutions.
Left More Than $1,000, 900.
II the provisional Request lapses and
the fund reverts to Alfred Helms
heimer, the will provides that out of
the 81 600, 900 set aside 100000 is to
go absolutely to the United Hebrew
Charities and $4,000 to the MontefiOre
home Mr. Heinsheimer has indicated
that he will make DIP this $125.C00 out
of the balance OF the residrary estate.
which is very large. so that the full!
81 ,000. 900 will be available for such
plans as may be finally agreed upon.
Louis A. Heinsheimer was a member
Of the banking house of Kuehn, Loeb
& Co., and died on Jan. / last. Ills
estate has been estimated ut well over
SIS, 900 900. His will has been probated
and the executors are Jacob II. SchiT.
Paul NJ Warburg. ilfred Nj. Helms
ntIulcf, FtuA anu AstOiti
mer l.. Schiff The entire estate Ia
largely composed OF gilt-edged stocks
and bonds, besides Mr.. Heinshelmers
interest in Kuehn, Loeb 81 Co. The
will directed his executors to set aside
the $1000,0OO fund, the income to be
used for one of the two following pur-
poses.
First-The consolidation OF jewish
BENEVOLENT institutions in New YORK
city, such consolidation 10 include
Mount Sinai hospital. the Hebrew .'e-
nevolent Orphan Asylum Society Of the
city OF New York, the Mon.efiore
Home for Chronic lnvalids and CoUn-
try Sanitarium for Ccnsumptives, the
Educational Alliance. the Home for
Aged and Infrm Hebrews of New
York and the United Hebrew Chart
ties: or.
Second-The founding of a corpora
tion-or federation--which shall have
as it's object the systematic collection
and distribution OF funds Of Jewish
benevolent institutions in the city.
Such a federation to include the six
organizations named.
Opposition 10 the Plan.
From the first strenuous opposition
developed to the plan of consolidation.
Many benefactors threatened tina. II
the Heinsheimer scheme were put
through they would withdraw Their
patronage. which would mean a fa-
more serious loss OF money to the
charities than would accrue from the
interest on the s1,O00.000 fund.
SO many and various were the OBJ
jections presented that the consolida-
tion plan was laid aside as impossible
rnd the alternative Of corporation to
collect and distribute the funds de-
voted 10 Jewish charity throughout the
city, was taken up and considered
Several meetings have been held in
the last three months. though under
the terms OF the Will the executors
were given a full year from the date
az Mr.. Heinsheimer's death TO carry
ont his wishes.
At some OF these meetings the vari.
Gus trustees have spoken their views
right out. and some of them have not
treated Mr.. Heinshcimer's two alter
natives very kindly. though recogniz.
ing that he had at heart the best in
terests OF the Jewish race In America
Discussion OF the legal phases of the
disclosed that in the minds
Of some OF the ablest lawyers IN the
city Mr. Heinsheimer's will is invalid