The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-07-15

Fearing that relatives may at
tempt TO contest his W III on the ground
or alleged insanity, and so defeat his
llneral plans for aid 10 Southern Edn-
cation, John Armstrong Chaloner nus
conveyed his property amounting an
proNimately to $500 900 in trust in
the Virginia Trust Company. Of Rich
mond naming the University of VIZ
sinia and the University OF North
Carolina s reslduary legatees Speci-
tic bcquests OF 10000 each are mad.
to nine other educational institutions.
Mr. Chaloner reserves the control or
the property during his life time. ana
the right TO vote the stock. but agrees
not TO cucumber any OF the real es-
tate or hypothecate any of the securi-
ties except for tho permanent ,n,
only with the consent OF the two uni
versities which Will fall heir 70 the
major portion OF his estate
Long Legal Battle.
For years the fight to control the
property OF Mr. Chaloner: heir TO n
portion OF the immense Astor fortune.
has been one OF the most Spectacular
legal battles in this country. Declared
10 be of unsound mind on evidence OF
his relatives. he was for time con-
lined in Bloomingdale Asylum. New
York. from which he escaped to his
country home. Tho Merry Mills. in AL
bemarie county. Virginia where he has
since lived Virginia and North Caro-
lima courts have declared him sane
and competen 10 manage his property.
Alleging conspiracy on the part of his
family 10 obtain possession of his prop
erty. by having him immuned for life
in an insane asylum. Mr.. Chaloner
changing his name from Chanlar to
Chaloner BY advice of counsel.
he is now making his viii hy
deed. retaining only e life interest
in his roperties. and tranferring the
whole IN trust for the aid OF educa-
ton. mainly in the South The in
denture indicating the purpose OF Mr..
Chaloner. has been fled with the clerk
OF the Superior Court OF the county Of
Halifax. North Carolina and has been
accepted by tho corporate authorities
Of the University OF Virginia and Uni
Nersity Of North Carolina. the residu-
AIRY legaiees Each OF these institu-
tions will, IL the WISHES OF MI Chalo-
Ter bear the test of the legal battle
believed 10 be Inevitable, come into
more than 100000 on his death
Has Made His VIII.
The indenturc fled by Mr.. Chaloner
transferring his property In trust 20
me Virginia Trust Company, OF Rich
mond. rccltes al some length. that he
has made his last will and testament
dated May 10. 1912. making tho Uni
versity OF Virginia and the University
OF North Carolina his residuary lega-
tees. and that there is every danger
OF his will being attacked by his next
of kin. in view OF their claim that n.
IS an insane and incompetent person
and that he has been Incompetent to
make a viii since March 81. 1897. not
withstand'ng decree of the County
Court OF Aloermarle County. Virginia.
on November t, 1901 hnding him sane
and competent and his having lived
since within the jurisdiction OF that
court. during which time the decree
has not been reversed. set aside or
altered. and that the next Of Kin
declaring themselves to be the heirs
at law and inheritors OF his entire
estate. brought proceedings in New
YORK in 1899 for the purpose of having
him declared a lunatic and incompe-
tent person. by virtue of which T. r.
sherman was appointed by the Supreme
Court of New York, the falsely AL
legged committee OF the person and es-
tate Of the said grantor"
Deeds Property in Trust.
After recitng history of the yar-
Gus !itisations I'm the courts of New
York. with the assertion that the ac-
ton of the United States District Court
for the Southern District Of New York.
renders 1t uncertain when. II ever the
grantor can obtain justice at the hands
OF that court the indenture continues:
Therefore, said grantor has taken
the following means OF meeting tho
undesirable condition which corfronts
him. and as he ala some Years ago.
in deciding his four hundred acre plan
iation known as Tho Merry Hlls
aforesaid TO the said Board OF Visitors
of the University OF Virginia. with GER
tain restrictions. among others that II
retaining full control thereof and
life interest therein, said erantor now
puts the provisions OF his said last
will and testament IN operation dur
ing his life, ny hereby deciding ths
following parcels Of real estate ara
the following securities to tho said
Board OF Visitors OF the University Of
Virginia and the University OF North
list Of Property Transferred.
% $50 shares OF the preferred cap
tai stock OF the United rnanstriai
Company. grounds and factory at Roa-
nokc Tapids, North Carolina. OF the par
value Of 800 each and $50 shares or
tho common capital STOCK OF said COM
pany ~ the par value 0f sieo standing
va the name Of the sranior.
(2j $3.50 shares OF tho capital stock
OF the Roanoke Rapids Power Com
pany of tho par value Of $40 each Hor-,
iCOntInued on Last Paueo