Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-11-06

Urinary for Women and Children go.
900; Bar Harbor Medical and Sureica'
hospital, Bar Harbor, $4,000; st. An
drews Society of the State OF NE"
| York. $4,000; New York City MISSION
and Tract Society $4,000.
The sum of $4,000 is given to each OF
| the following:
Manhattan Eye and Ear hospital
New York; New York Orthopaedic DIS
pensary; Home for Incurables, Ford
ham, NJ Y; New York Society for the
Relief or the Ruptured and Crippled
New York Charity Organization So
ciety; New York Association for Inn
proving the Condition of the Poor;
New York Children's Aid Society; New
York state Charities and Society;
Alumni Association of Nurses, Presby-
terrain hospital, New York.
The long list of gifts is prefaced in the
will by this brief paragraph:
Having greatly prospered in the bus
mess which I carried on for more than
80 years in this, my adopted country and
being DESTROYS of leaving some express
sion of my sympathy with its religious,
charitable, benevolent and educational
The executors Of the will are: Emma
B. Kennedy, William Stuart Tod, Rob-
ert Eliot Tod and Robert w. Deforest
Mrs Kennedy is his widow; William S.
Tod and Robert C. Tod are nephews, and
Mr. Deforest Is lifelong friend of Mr.
Kennedy.
Mrs. Kennedy besides receiving the
s., 100000 New York residence, the sum-
mer home at Bar Harbor, Me-, and the
bankers valuable library and are col
lections, also inherits under the terms of
the will $1,0OO,0O0 in cash and a $12,OVO,OoO
share in the residuary estate
To relatives requests of from $4,000 to
$3.50, 900 each are made while a share of
the residuary estate valued at about ST.
10000 is to be divided among them.
Among the friends and employees who
are to be remembered. Stephen Baker, for
many years Mr.. Kennedy's private secre-
tary, receives $4,000 and the wife of the
Rev A. F. Schauffler gets 100000.
Mr.. Kennedy, whose death on Sun
day had only comparatively brief COM
ment by the press. was one of the
philanthropists whose gifts though
measured in millions, We're made with
as little publicity as possible. AS he
gave quietly, so he lived unostenta-
tiously. Besides being a banker he was
one of the country's chief builders OF
railroads, a patron of education and
in his own unobtrusive way one of
New York's foremost advocates of sci
entifically organized charity.
His name obtained Il fleeing public
y,
publication of lists showing the prin-
cipal shareholders of American rail-
ways, showed him as the owner of
0.O0O 900 of Northern Pacific end So
900, COO of Great Northern. Many of his
great benefactions probably will never
be made public but he figured in recent
years as the giver Of $1,000,000 to the
Presbyterian hospital.
Many, even among the wcll-informed,
had little idea as to the real wealth of
the retired banker.
On Wall Street, Mr. Kennedy had
the reputation of keeping the largest
cash balance in his bank accounts of
any New York financier. AS banker
and investor he always showed great
interest in the development of the
Northwest. He was identified with J.
Piermont Morgan and James J. Hill in
the Northern Pacific and Great North
crn Railway Companies for many years
and was a director in many railroads
and banking institutions.
Born near Glasgow in 1880. Mr.. Ken
needy came to America in 1850 as agent
for an English iron and metal concern.
In 1875 he joined the New York bank
ing firm of NJ K Jesup & Co., and
about II years later established the
house of Kennedy & Co. He retired
from active participation in the bus
mess in 1883