The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1912-01-18
100000
FOR GENIUS.
Many Public BequastS In JO-
s9ph PuIitzGT'S Will
100000 TO MUSIC AND ART

Valet Gets 100000 and Provision /,
Also Made For Editors = Capita
Stock of His Two Newspapers Left
In Trust.
BY his will, just made public, the late
Joseph Pulitzer. who was owner OF
the New York World and the St Louis
Post Dispatch. ratified a previous gift
TO Columbia university of S1.OO0,O0C
for the establishment of a school OF
journalism. under an agreement with
the trustees of the university. and also
ratified an agreement for an additional
81 100000 and directed that it should
be paid by his executors to Columbia
university.
This second gift. however. was sub
iect to certain conditions which should
be complied with by Columbia univer-
sity before the amount should be paid
over, and in the event Of these condi-
tons not being complied with the
amount was to go to Harvard univer-
sity. one-half for a school of journal
ism and One-half for prizes and schOl-
arships as set forth in the will. He
also made bequest to the trustees Of
Columbia college Of S2J0O00 to found
a fund to be known as the Pulitzer
scholarship fund"
In addition to his requests to Co.
lumbia university Mr.. Pulitzer be-
queathed 100000 to the Metropolitan
Museum of Art and 100000 to the
Philharmonic society Of New York.
The testator leaves 100000 to the at
tendant who had been his constant
companion in his blindness and whom
he designates as my faithful valet,
Jabez Cunningham" Another $780,
600 is to be distributed at the discre
ton of the executors among his per-
sonal secretaries, readers and COM
panions and among certain editorial
writer's employed on the World.
There is a bequest Of $4,000 for
the erection of a memorial fountain at
some place in Central park.
For Statue of Jefferson.
The testator also sets aside $4,000
for the purpose of erecting a statue of
Thomas Jefferson somewhere in New
York city. and he expresses the hope
that an equal sum may be raised by
popular subscription and added to the
fund for that purpose.
The capital stock of his two news
papers is left in trust for his SONS and
their male issue during the lives of the
two youngest sons.
The trustees of the stock of the two
newspapers are the following, subject
to declination. remuneration, resigna-
ton or death:
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
his intention not to accept
owing TO his public duties; Harrington
Putnam. justice of the supreme court
in the Second judicial district. who is
appointed by the testatOr in one of his
,odicilS to take the place of Charles E.
Hughes in case he declines; Frederick
\. JudSoD of St Louis. a lawyer of
hat city and now president of the Pu-
itzer Publishing company, and J. An
gus Shaw Of New York. formerly
president of the Press Publishing com
lany. Mr. Judson is to serve only I'M
il Joseph Pulitzer arrives at the age
If thirty. when he is to take Mr.. Jud-
;ons place. J. Angus Shaw is to serve
,nly until Herbert Pulitzer, now if
cen years old. shall reach the age OF
wenty-one. when he will take Mr..
Shaw's place.
Dangers of Inherited Wealth.
In one of the codicils of his will Mr..
Pulitzer said:
My children should never forget the |
hangers which unfortunately attend |
be inheritance of large fortunes, even |
hough the money come from the pains
aking affections of father.
II beg them to remember that such 4
LANCER lies not only in the obvious |
emptations to enervating luxury. but |
u the inducement which a fortune
oming from another carries as to the
ecipient TO withdraw from the whole
ONE duty of vigorous. serious, useful
york. In my opinion a life not largely
edicated to such work cannot be
Apply and honorable. and to such
work it is my earnest hope and will be
o my death that my children shall.
o far as their strength permits. be
teadfastly devoted
Mr. PuitZer's widow receives the use
f the testator's residence in New York
uring her life. with remainder over at
er death TO his son Ralph and with
mother remainder over at Ralph's
cath to Ralph's brother Joseph. The
astator's summer residence at Bar
Iarbor. Me-. is also left to the widow
Or life.
The income of q fund of S2.500,0O0 Is
, be paid to the widow during her life.
nd after her death the fund is to be
attributed among the issue then Nv
~ An income OF fund of S1,5OO.0O0
left to his two daughters for life.
18th remainder TO their issue. If any:
not TO their brothers or their issue
The residuary estate is left in trust
,r the benefit of his grandchildren.
The children who are benefciaries
! the will are Ralph Pulitzer, thirty