The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1912-05-10
ASTOR'S SON IS
CHIEF LECATEE
Will Provides $5,000,000 TO
Widow.
ST. PAUL'S SCHOOL $4,000
Daughter Gets $5,ooo,e and S3,ooo,-
600 Is Left for Posthumous Child.
Widow Also Gets 100000
Outright.

New York--Counsel for the family
have made public the will of John
Jacob Astor, as drawn in this city
last September, only a few days after
his marriage 10 Miss Madeleine Tai
mage Force and approximately seven
months before he perished with the
sinking of the Titanic. Vincent Astor,
a son. who will come OF age within
the year, is made the principal bene-
ficiary and residuary legatee.
Nothing as TO the value Of the great
estate is given, and by the creation OF
trust funds the testator has followed
as far as possible the customs of his
forebears in keeping the vast Astor
real estate holdings intact. Valua-
tions OF the estate run anywhere
from $75, 600, 600 TO $l50,000.O0O.
close friend Of the family says that
in his opinion the smaller figure is
nearer the correct estimate.
Aside from provisions for Vincent
Astor, the will provides for uncondi-
tional bequests OF only $27G,50O.
Among these there is but one OF
charitable nature. This is $4,000 to
St. Pauls school at Concord, n. IL.
The remainder of the legacies are TO
relatives, friends and faithful serv-
ants.
Nearly all the other provisions OF
the will, as made public. deal with
the trust funds, of which there are
three: $5,0O0,000 FOR the young
widow; s5,OO00O0 for the colonels
Young daughter Muriel the child OF
his former wife, Ava Willing Astor,
and $4,000, 900 for the expected post.
humous child OF the present widow
This last clause provides each child
who shall survive the testatOr other
than his son William Vincent and his
daughter Ava Alice Muriel
No provision is made for the VIE
who divorced him, and if the young
widow dies or marries again. the S5,-
900 600 trust fund, and the town house
and other property left to her, re-
verts TO Vincent Astor. She receives,
however, 100000 outright. without
further stipulation, and until the IN
come from the trust fund shall be-
come available. the trustees are di'
rected to pay her an income Of $780,
600 a year
There was an ante-nutial settle
ment which she accepted in lieu or
dover rights. The amount of this has
never been made public. Rumors
have placed il at S5OOO,OOO.
The will gives to his son, William
Vincent Astor. outright all the lands
and personal property at Rhinebeck,
n. Y, over which the testator was
given a power Of appointment by ms
fathers will: all the lands and per-
sonal property at Rhinebeck Whlch
belonged to him absolutely at the
time of his death, the house ana
grounds at Newport, II. l., with all
personal property; all the pictures
and statuary left to him for life by
his fathers will with power OF APP
pointment. and all his jowelry, wear
,ng apparel, personal effects, yachts
and boats
The trust OF $5,OO0,OO0 for his
daughter. Ava Alice Muriel Astor, is
to be applied to her support, mainte-
nance ana euuCdllOn DIS Nie NA"S''''
ieem proper. and on attaining the
age of q the daughter is TO receive
this fund, with its accumulations' ao-
solutely.
Nicholas Biddle of Philadelphia re-
ceives legacy OF 100000; Robert H.
NJ. Ferguson. close friend ana
trustee of his fathers estate, ana now
living In Silver City, y. M, gets $lo'-
GOO, Douglas Robinson, a 0rother-ih-
law of Theodore Roosevelt, Is be-
Queathed $4,000. and a similar sum
goes to the testators brotherin'law.
James Roosevelt Roosevelt OF this
city
The executors are James Roose-
welt Roosevelt, Douglas Robinson.
Nicholas Biddle and Vincent Astor,
upon the latter attaining the age OF
81. The same persons are also ap-
pointed trustees Of the several trusts
created by the will.
ROOSEVELT IN MARYLAND,