New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-08
Allowances TO Executors.

Colonel Astor made specific provision
for the allowance 10 he paid 10 the ey
ecutors he appointed for his will They
are Douglas Robinson. J. Roosevelt
Roosevelt and Nicholas Biddle. His son
will he an executor when he becomes
twenty one years old Colonel Astor
gave to the executors $4,000 each in
lieu Of commissions and 10000 each In
lieu Of the ..ggregate commission on the
capital OF all the trust funds. He also
gave them $500 year as long as they
might serve. Had no fixed compensa
tion for the executors been made. their
legal fees might have exceeded $1,000. 900
each.
In the petition accompanying the will
the value Of the estate was set forth AZ
more than $1,000 real estate and
more than $4,000" in personal prop
erty
The first clause Of the will and one on
which the copy given out by Garter.
Ledyard &; Milburn, attorneys for Colo
| mel Astor. did not dwell dealt with tho
disposition Of certain real and personal
property that figured in an ante -nuptiA
settlement which the will showed was
made between Colonel Astor and Miss
Ava Lowle Willing. who became his first
wife. and which now ends with the dis
position made OF that property by the
testator.
This agreement was made in 1881.
year before Colonel Astor came into the
residuary portion OF the estate Of his
father, William Astor. by whose will, in
| 1892, he also subsequently received n
large part OF the estate OF his grand
father, William b. Astor. Just what tho
purport OF this agreement was Is not
generally known, and there is no record
| of il on file In the Registers Office. The
| testator gave TO his son. Vincent Astor,
the property in trust under the agree
ment with his first wife, who divorced
| him.
First Ante -NuptiaI Agreement.
He said In his will regarding this ante
nuptial agreement to which his father
and mother were parties:
All Of the estate and property, both real
| and personal. which. by that certain ante
| nuntiaI settlement or deed OF trust, bearing
| the date OF the llth OF February. In the
| wear 1891 made by and between me as the
| marty of the first part. Ava Lowle willing.
| as marty OF the second part: William Astor
and Caroline w. Astor. his wife as par
| ties OF the third part, and the United states
Trust Company OF New YORK as party OF
| ,bo fourth part, | am authorized and en-
nowered to appoint and dispose or by law
give, devise and bequeath In fee simple
| and absolutely unto my son. Wlllanh YIN
cent Astor. II he shall survive me- or, n ne
| sbail die before me. to his issue who snail
survive me, per stripes and per capita or
| ~ shall leave neither my said son nor any
| issue of his surviving me, then 10 my
dauVhter Ava Alice Muriel Astor, or IL she
| shall not survive me. then to her issue.
| Who shall survive me, per STRIPES ana not
nar capita or should neither my sald son
pei r,Y said daughter nor any issue OF
| either OF them survive me- then 10 my o,he,
issue who shall survive me. per stirpes ana
not per capita
Colonel Astor confirmed in his VIII the
renort at the time Of his marriage with
Nies Madeleine Force last September
that he made an ante-nuptial settlement
for her benefit, but referred to 1t only as
certain provision for the beneht OF
my wife. Madeleine Talmadge Force AS
tor"
Second Ante -Nuptial Agreement.
There were, however, certain indica-
uons that this settlement commonly re-
| norted to have been anywhere from
soOO. 900 to S5,OOO,OOO. was nearer ths
latte figure than the first. This i'm
nression seemed to be borne out first by
the prov ision made by the testator for
his wife.
He gave her the income from $1,000
600 during her lifetime, or until she
sball remarry. II she does remarry," and
the uos of his Fifth avenue home under
the same c nditions. At her death or
remarriage the trust fund and the house
will re. 1T TO Vincent Astor. with the
hulk OF the estate already left to him
under another clause. Then Colonel
Astor gave to his wife 100000 a year
| income during such time as should
] Continued ON second page. seventh column.