The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1909-11-06
MANY MILLIONS
ARE GIVEN AWAY
John 5. Kennedy Bequeathes
$25,OOO,OOO.
WILL OF RICH new YORKER
Presbyterian Institutions Get the
Bulk Of h.
In the List Of Colleges Remembered
NJ Modest Banker is Tuskegee
Institute. which VIII RE-
ceive 100000 From
WILL OF RICH new YORKER

New York. Nov. 5-John Stewart
Kennedy. one of Americas little
known rich men, who died OF whooping
cough in his New York residence on
Sunday last. left requests of more
than s25,0o0.000 to religious. charit-
able and educational institutions In
his will. filed for probate here today.
The gift is the largest single contri-
button of its kind ever made. and the
benefciaries include fifty-nine educa-
tional and church institutions In all
parts of the United States and several
abroad.
Nearly half Of the s25. 100000 goes to
Institutions connected with the Pres
byterian Church, of which Mr.. Ken
nedy had been an active member for
many years. other large heneficiaries
are the American Bible Society. the
Metropolitan Museum OF Art. the New
York Public Library. the United Char
tiles of New York. Columbia Univer-
sity, and Robert College. CONSTANT
nople.
Aside from these gifts. Mr.. Kennedy
left approximately s35.U0o.e0o to his
wife and relatives and great number
widows share will be about s1s.-
100000.
All of the testator's employees re-
reived gifts of from $500 to $4,000
each. The charitable, religious and
educational institutions which re-
ceive the largest requests are to share
the residue Of the estate left after
definite gifts OF approximately $4,000.
900 have been paid out
Gifts to institutions.
Their shares are estimated bv coun-
sci for the executors as follows:
Presbyterian Board Of Foreign Mis-
sions, s2.250,00e: Presbyterian Board
OF Home Missions. $3.50. O00s< Presby-
terrain Church Extension Fund, $2,2b0.-
600: Presbyterian Hospital. New York,
$3.50, 000;$ Robert College. Constants
nople, $1.bo0,0o0: PRESBYTERIAN Board
Sfia sss cslssss, $4,000 49,. Gr Metre IT,
25O.e00; New York Public Library. So
250.00o Columbia University. s2,s5ust
600; United Charities. New York. ST.
SOC, 700 American Bible Society. $780,
600; Charity Organizations Society,
New York. $4,000.
The smaller gifts made by specific
bequests are as follows: Yale Col
lege, 100000: Amherst College. $780,
coo; Williams College. 100000: Dart
mouth College, 100000; Bowdofn Col
lege. 100000: Hamilton College. $780,
600; University OF Glasgow, Scotland.
("where, from my infancy. 1 resided
until / came to this country $780,
600: Tuskegee Normal and Industrial
Institute. 100000; Hampton Normal
School and Agricultural Institute, $780,
600; Lafayette College, Easton, Pa,
$4,000; Oberlin College. oberlin. Ohio.
$4,000: wellesley College, $4,000:
College columbia University, $4,000;
Elmira College. for Women, Elmira,
N. Y, $4,000; Northfieid Seminary,
Northfield, Mass, $4,000; Mount Her
mon Boys School, Gill, Mass. $4,000;
Anatolic College. Marsova. Turkey.
$50 700; Syrian Protestant College, Bel
rut. Syria. $4,000; American School at
Smyrna. Turkey. $4,000; Lake Forest
University, Lake Forest. ILL.,. $4,000;
Centre College, Danville. Ky, $4,000;
Berea College. Kentucky, $4,000; Pres
byterian Board of Relief for Disabled
Ministers, $4,000.
There are also numerous requests of
from $1,000 to $4,000 generally to
local religious and charitable organi-
zations.
Mrs. Kennedy, besides receiving the
million dollar residence. the summer
home at Bar Harbor, and the bankers
valuable library and art collections. al
so innerits 100000 In cash and a
s12.@OOOo share in the residuary es-
tate
To relatives bequests of from $4,000
to $4,000 each are made. while a
share Of the residuary estate. valued
at about s12.750. 900. is to be divided
among them. Stephen Baker. for many
years Mr.. Kennedy's private secre-
tary, receives $4,000. and the wife of
Rev. A. F. Schaufier gets 100000.
Opposed to Publicity.
Mr.. Kennedy, whose death on Sum
day occurred with only brief comment
by the press was one of the Million
aire philanthropists whose gifts though
measured in millions. were made with
as little publicity as possible. AS he
gave. so he lived, unostentatlously.
and made his princeiy fortune with lit
tie blare of trumpets. Besides being
a banker he was one Of the country's
chief builders of railroads. a patron of
art and education and in his own quiet
way, one of New York's foremost adj
vocates OF scientifically organized char
ity.
Although well known to the great
financial leaders as well as to those
most active in the great benevolent
works Of the day. his way OF doing
business and of doing good was so
quiet that the public heard little about
him.
Many of his great benefaetions prob
ably never were made public but he
figured in recent years as the giver Of
the $4,000 home for the United Char
tiles in this city. Of $1,000. 900 to the
Presbyterian hospital; $250.0O0 to the
school Of philanthropy; 100000 to
Columbia University, and 100000 to
a nurses home. for the Presbyterian
hospital.
Many, even among the well inform
ed had little idea as to the real wealth
of the retired banker. Early this
year an interviewer was sent to the
bankers house on his birthday to ask
II he had any million dollar gifts to
announce in honor of his anniversary
mo SIR" exclaimed Mr.. Kennedy.
with true Scotch caution. TIN giving
no money away today. 1t pretty near
lv cleaned me out when 1 gave that
fund to the hospital last October"
On Wall street Mr.. Kennedy had the
reputation of keeping the largest cash
balance in his bank accounts of any
New York fnancier.
As a banker and investor he always
showed great interest in the develop
ment OF the Northwest He was iden-
tilted with J. Pierpont Morgan and
James ]. Hill In the Northern Pacific
and Great Northern Railway eompan-
les for many years and was director