Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14
newspapers TO HIS BOYS
FAMILY, EDITORS AND NEAR
FRIENDS FARE WELD BY
IT'S TERMS.
many PRIZES ENUMERATED
Prizes Are to Be Given for Best Re-
porter Best Newspaper, Best
Novel-Terms Unique.

NEW YORK. Nov, 1S,-Tho terms
of the will OF Joseph Pultixer, which
will be filed for probate tomorrow,
were made public tonight. Its con-
spicuous features are the reatification
of the gift OF s1.000,00O to Columbia
university for the school OF Journal
ism, and the ratification Of an addi-
tional sum of s1,000.000 for the same
purpose, which, If not complied with
by Columbia before the amount Is paid
over, will result In the sum going to
Harvard university, one-half Of it for
a school of journalism, and one-half
for many unusual prizes and scholar
ships as set forth In the will.
In addition to outlining at length,
the school of journalism plan. the will
set forth a large number of interest
ing bequests not previously known.
Among these is s250,000 for schol-
arship fund at Columbia university;
$780, to the Philharmonic society
of New York; 100000 to his faith
full valet, James Cunningham; $780,
900 TO the Metropolitan museum of
art; 100000 to be distributed by the
executors among his personal secre-
taries, readers, and companions and
certain editorial writer's employed on
the World; $4,000 for the erection of
fountain in Central park; $4,000 for
the erection of a statute of Thomas
Jefferson in New York, and some mi
nor bequests.
Capital Stock In Trust.
The capital stock of his two news
papers, the New York World and st.
Louis Post-Dispatch, are left In trust
for his sons and their male issue
during their lives for two generations
A codicil attached in 1909 divides the
interest as follows:
'' To Herbert, youngest son, six
tenths; to Ralph, two-tenths; to JOS
eph. one-tenth," and the remainder to
be held for the benefit of the prin-
cipal editors and managers of the
newspaper whom the trustees may re-
gard as the most deserving and val
liable from time to time, and upon
the expiration of the trust estate, that
one-tenth of the stock of each COM
pany shall be sold to one or more of
the principal editors or managers of |
each of said newspapers whom the
trustees may consider most deserving |
in point of ability and integrity"
Well-KnOwn Trustees.
The trustees of the stock of the two
newspapers are recommended as
George l.. Rives, president of the
board of trustees of Columbia univer-
sity; Charles e. Hughes, justice of
the United States supreme court, who
has expressed his intention not to ac-
cept owing to his public duties JUS
tice Knapp, of the New York supreme
court Frederick N. Judson of st.
Louis, and j. Angus Shaw of New
York Mr.. Judson is to serve only
until Joseph Pulitzer arrives at the age
of so, when he is to take Mr. Judson's
place; and Mr.. Shaw is to serve only
until Herbert Pulitzer, now Is years
old, shall reach the age of 81. when
he will take Mr.. Shaw's place.
Provides for His Family.
The will was executed in April,
1904. with several later changes In the
codicil. In addition to the provisions
for the two sons, Mrs. Pulitzer is given
Income of a fund estimated at s2,500,-
600, and two daughters are provided
for by an income of a fund of s1,500,-
0OO. ,
X If at any time within seven years s
after the death of Mr.. Pulitzer the ox- !
ecutors shall determine that the school {
Df journalism at Columbia is a sue
cess, then they shall carry out the I
Provisions Of the codicil as follows: {
q One thousand dollars for the best !
paper on the future development and |
Improvement of the school Of Journal
sm.
Z Gold medals costing $4,000 for the {
most disinterested and meritorlus SER S
dee rendered by any American news {
nper during the year. r
a Much Given for Education. I
<tOne thousand dollars for the best
STORY services to the public by the
nerican press during the year. !,
Hive annual travelling scholarships :.
A $1,000 each.
1|One thousand dollars for the best ;,
ample of a reporters work during :.
;. year. the best being strict accu- :,
ey, terseness, the accomplishment Of ?
me public good. -. :,
For Best Novel, $1,000. ls
Dne thousand for the best Amerl- j
novel published during the year N
lch shall best present the whole at W
pphere OF American life. d,
ne thousand dollars for the best h