Evening star. [volume] (Washington, D.C.) 1854-1972, 1911-11-14
PULITZER WILL READ
Nine Tenths of Newspaper
Stock in Trust for Sons.
GIFTS TO INSTITUTIONS
Total Value of Estate Probably Will
Reach $40. 900, 900.
NOVEL PRIZES PROVIDED FOR
Valet Gets S1oo.ooo-Sum of $685.
600 for Statue of Thomas
Jefferson.


L. Hornblower, counsel for the Pulitzer
estate made public Joseph Pulitzers will
last night He will offer the Instrument
for probate today. Reckoning the value
OF his New York and ST. Louis newspaper
holdings at 81, 600 600 the will disposes of
ST., coo 900 by direct provisions. The total
value OF the estate probably will reach
$50 10000.
The conspicuous features Of the Will are
the ratification of the gift of 100000 TO
Columbia University for the establish
Inent of a school OF joGrns ism, and also
the ratification OF al additional $4,000
for the same purpose, subject to certain
conditions which, X not complied with by
Columbia before the amount Is paid over,
will result I'm the sum going to Harvard
University, one-half OF 1t for q school OF
journalism and one-half for many I'M
usual prizes and scholarships as set forth
in the Will
Among tho other requests is one Of
100000 for a scholarship fund at Column
bia University: $4,000 10 the Metropoli-
harmonic Society OF New York: 100000
to MIR. Pulitzer's faithful valet, Jabez
Cunningham: $4,000 to be distributed
by the executors among his personal sec
tain editorial writer's employed on the
World: s5N,OO for the erection of foun-
tain in Central Park: $4,000 for the cree
ton OF a statue of Thomas Jefferson IN
New York city and some minor requests.
Left in Trust for Sons.
The capital stock Of his two news
papers. the World and ST. Louis Post
Dispatch are left in trust for his sons
and their male issue during the lives of
the two younger sons. 4 codicil at
tached in 1899 divides these interests as
follows: To Herbert the youngest son.
siN-tentls: to Ralph, two-ten,hs. TO Jo-
seph. one-tenth, land the remainder to
he held for the benefit OF the principal
editors and managers of the newspapers
whom the trustees may regard ds the
most deserving and valuable from time
to time. and upon the expiration OF the
trust estate that one-tenth of the stock
TO one or more OF Tire principal editors
or managers OF each of the said news
papers whom the trustees may consider
most deserving in point of ability and in
tegrity.
The use Of the income from the hold
ings is restricted to nominal sums in the
cases of Herbert and Joseph until they
reach the age of thirty years after which
they are entitled to the whole unreStrict-
ed income OF their respective shares. No
restriction IS placed upon the income
which Ralph may receive from his two
tenths interest. The excess earnings over
Herbert's and Josephs limitations will
go to Columbia University. the Metropoli-
tan Museum OF Art and the Philharmonic /
Society, subject to certain conditions.
Trustees of Stock.
The trustees OF the stock OF the two |
newspapers are recommended AZ George |
l.. Rives. president Of the board OF trus |
tees OF Columbia University; Charles T.. |
Hughes. justice Of the United States SUI |
pre,ne Court, who has expressed his in /
tention not to accept, owing TO his public I
duties: Harrington Putnam. Justice of /.
the supreme court OF New York stat.. !.
to take the place Of Justice Hughes in
case the latter resigns. Frederick y. JUG !
son OF ST. Louis and j. Angus Shaw OF
New York. Mr.. JUdson Is to serve only
until Joseph Pulitzer arrives at the age
of thirty. when he Is to take Mr.. Judson's
place, and Mr.. Shaw Is to serve only until
Herbert Pulitzer, now fifteen years old.
shall reach the age OF twenty-one. when
he will take Mr.. Shaw's place
The failure of the testator to name
Ralph Pulitzer. the eldest son, as one OF
the trustees, was made the subject OF a
statement by Ralph Pulitzer last night
In which he sad tina. his father lived and
died IN the conviction that lie had desig-
mated him az one of the executors and
trustees.
The will was executed IN April, 1901
with several later terms in codicil Mrs
Pulitzer is given tine income Of d fund Of |
S2.JOO,Uo. and two daughters are provid-
ed for by an income OF . fund OF $780,
OC.
The income of sl.UD.oG0 i st aside for
the peTpetuation Of schola alps at Barn
ard College. which Mir. Pultize. establish
ed some time ago IN menorE Of his
daughter, Lucille.