The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-07-15
CHALONER ESTATE
GOES TO COLLEGES
CONTINUED From First PagcD

Continued From First Page)
merry 500 each. reduced to $40 oach)
standing IN the name Of the grantor.
! Inis company owns land ana water
power at Roanoke Rapids In the State
of North Cnroiina.
/ CD Promssary note OF the United
/ Instrial Company. dater August 10.
/ 1898, for $1,000 payable to the order of
INC srantot. secured by deed or trust
or mortgage made by said company to
/ Prescott Hall Butler. as trustee OF even
date with said note or upon the lands
'nd mill and buildings ana water rights
/ OF SAID company. situated at Roanoke
I ihplds. Halifax count. y c.
! ca second mortgaSe made py the
United Industrial Company 10 the
I stantor upon Its lands and min and
/ unildinss aud water rishts. situated at
/ kcanoke Rapids Halifax county. North
Carolina, dated September To- 1895. to
secure the payment OF s35.Il2.e4 on
September IL. 1899. and interest there
l cl . per cent. per annum subject TO
above mentioned first mortgage
Co The srantor's share In tho Cozlne
Farm IN New York City left him by
| his Grand Aunt Laurs Aastor Deiano.
I 60 Lot Of land with tho ten-story
Once building thereon situated 81 the
borough Of Manhattan. IN the city OF
New York and known by the street
number 2gs Broadway.
f) villa site OF about 500 acres on
the Hudson River III tac township OF
Rhine beck. Duchess county. No,v york.
90 y farm on tract Of land situated
no the town OF Red Hook in tho county
~ Duchess. Ia the Sia.e OF New YORK..
called the Spprriy Farm comprlsing
about sixty acres OF land WITH Z small
house and barn thereon
90 Tho 30o-acre more or less cot
tor plantation known as the Badger
Place. In ualifax voun.y. North caro-
lima, between the towns Of Roanoke
hapids ana Weldon. together with the
several parccIs OF real estate in Ron
ncke Rapids
Not Filled In Nc,, York.
Owing to said eona'tieu confronting
said srantor IT would be lmDracr'cable
20 NE this deco ia New York before
snid case of chalouer VS. Sherman is
finally determined SAID granior there
icre contents himself Win nl!ng SAID
decd ia Halifax. IiailfaN county Notth
carolina. ana with the county clctk Of
Albcmarle county Nls-ln!a. at Char
luttesville. Virginia
e9S BroadwaN New Yock CITY ls sub
.'ct TO third mortgage. owiu1 to the
aforesaid condition unsecoldcd. fully
provided for IN said grantor's last VIII
and tcstamcnt OF at least $4,000 TO the
E d Wv 'tfh44N = l4TtNiitl 4S4r4Nt OF iEt
Diocese OF Southern New York Jr his
successor In Office, in trust for a pri-
vate female orphan asylum owned by
said gsantor. known - saint Mar
earct's Home. situated at Red Hook
Dutchess county, Sew York. under CON
diiions fully set forth in sad gran
. ipra last VIII and touanent
Reserves FnIi Control
said Grantor reserves :ull control
81 all said properties and Tia, voting
power Of all said securities ass well as
I the enjoyment OF tho income thereof
tor his life. and the devising OF tio
said income thereof 10 various cCuca-
uonal institutions and 10 various leSa-
tees during the lives OF his two sui
cues trust under his last win and tcs-
lament. said educational institutions
being the Paris rrlze Fund. hy whicn
b. meant fund OF $4,000. or thrre-
uDuuis. originated by said grautor TO
which he and other ART patrons SUBJ
scrlbed OF which he subscribed $4,000
and others sums Of greater or lesser
amounts. IN lhso-lssi. :or the purpose
OF expanding the income thereof n
scholarships Of $4,000 each, spread over
7 a period Of ave years In Paris and else
where in Europe to arl students Of
both sexes, chosen by competitive ex-
animation. under the ouspIccs OF jury
representing the heads OF the various
I
York Said FUND has been since its in
ception in 1SG0-lS9l. IN the hands Of
thu United States Trust Company. Of
Wall street. New York. where q was
placed by said Srantor said time
and carried on the books of said com
pany as the Paris Prize Fund. BY the
above Is meant that q. legacy. TO be
specified IN grantors lns1 will and tes-
lament. is to be left to the United
states Trust Company in trust until
said Paris Prize Fund nhall have been
Incorporated for the purposes set forth
by said grantor In the interview he
gave out concerning same TO the lead
ing New York newspapers in the early
winter Of 1891 The amount IS not
named because 1T is unknown, since it
is IA certain percentage OF the iacome
Of grantors estate. which after q GER
tain time specified In said last viii and
testament OF said grantor. is to be an
nually set aside from the annual in
come Of said grantor's said estate. dur
ing the lives OF the said two cestui
oues trust, and until said estate vests
said sum Will be designated In said
grantors last Will and testament
Makes Nine Requests.
"To Columbia University Of New
York the sum of $4,000 to be in
vested by said institution and the in
come thereof to go to increasing the
'Chanler historical prize, founded by
John Winthrop Chanler. which IS given
annually to member of the junior
class Of the school of arts Of said uni
vorsity who writes the best essay on
4 given historical subject. The income
from the addition to the said prize
fund is to be distributed as foilows:'
500 thereof is to be given annually as
a second prize to the junior who writes
the second best essay on said snbjeci
each year; $50 of said income to be
given to the junior who writes the third
best essay on said subject each year.
The balance OF the income of said ad
dition goes to swell the size of the
first prize annually awarded.
ITO the Virginia Military Institute.
$40, 600. to be invested by said insti
tutc and the income thereof applied