The sun. [volume] (New York [N.Y.]) 1833-1916, 1912-05-07

land all carriages and harness and stable
furniture and all automobiles and all
provisions and supplies belonging to the
ftestator or subject to his disposal at tho
time Of his DEATH excepting such of said
PARTICLES as are otherwise above disposed
sOf
these provisions for his widow are
lriade IN lieu Of dover and all other claims
upon his estate. and until the trust fund
, ;of s'o'o.oDo ia set up the executors are
r Stlirc, ,tei to paw to her an income at the
rate Of 5000 900 a year.
IS. \ trust Of Is. .OOO, 900 for the benefit
Sof his daughter Ava Alice Muriel Astor,
~ much Of the income as the trustees
kthall Determine to be proper ia to be ap-
Sblied to her support. maintenance and edu-
Patton during her minority and the balance
vof the income 10 be accumulated.
j Upon attaining the age OF II years the
Atiaughter ia to receive this fund with its
denominations absolutely. In case OF
her death under u years it goes according
ITO her will. and in default Of a will then
n kinto her issue. IL any. and in default Of
X will or issue surviving her. then to
William Vincent Astor.
g. A trust fund of 50. non. 900 is created
.for the benefit of each child who shall
.euTNlNp Ine tPSIHtDT OtHeT t1du Ills bOl
William Vincent Astor and his daughter
Java Alice Murie Astor. to he held in trust
Nor such child until attaining the age Of
!21 years. with similar provisions as to the
disposition OF the fund in the event OF the
'ideath OF the child under Il as are above
!set forth in connect ion with the trust
for the daughter.
~. To st. Paul's School at Concord.
N. H.. legacy of $aO.ooO.
< -s. A direction to the executors to pay
to the New York Yacht Club in each year
until William Vincent As.or shall attain
the age Of Fl years. the sum of $1,000. to be
used by the club for the purchase Of two
silver c,ips to he sailed for by the yachts
Of the New York Yacht Club at Newport
during the annual cruise each year. these
being the cups now known as the Astor
cups: and the testator suggests that after
his son William Vincent Astor shall have
arrived at the age of Fl years he shall
continue to offer such prizes in each year.
%. He next bequeaths the following
leslcies;
TO James s. Armstrong OF Rhinebeck
n. V. the sum Of $40. 900.
ITO his brother law james Roose-
welt Roosevelt. the sum OF $4,000.
ITO his friend Douglas Robinson. the
sum of $4,000.
.To his friend Nicholas Biddle. the sum
Of $4,000.
ITO his friend Robert Fl. NJ. Ferguson
the sum of $4,000.
40. He next bequeaths the following
legacies: ,
in recognition OF his faithful services.
the sum of s25 900.
ITO his steward. Thomas Hade. in ap-
probation Of his many years of devoted
service. the sum Of $4,000.
ITO Herbert A. Pinkham. the super
intendent of his country place at Rhine
heck. the sun, Of $4,000.
II. Next he directs that all legacy.
inheritance or transfer taxes payable in
respect of any property passing under
this will shall he paid out OF his residuary
estate.
"l2. All the rest. residue and remainder
Of his estate and of all property over which
he had any power of testamentary dis
position j. given outright to his son
William Vincent Astor.
10 II, appoints as his executors
his brother in law James Roosevelt Roose.
welt and his friends Douglas Robinson
and Nicholas Biddle. together with his sor
William Vincent Astor. upon the latter
attaining the age of 81 years. The same
persons are also appointed trustees Of the
several trusts created by the will.
The remaining provisions OF the viii
relate to the powers of the executors anc
trustees in relation TO the management
investment and improvement Of the
estate.
The will was execu ted in the city o
New York on the 18th day of September
1911. in the presence of Lewis Cass Led
yard. Philip c. Browne and John +. Kane
as subscribing witnesses"
II The will was document ofabout twenty
Closely typewritten pages containing
about 9.o)D words. Tho bulk Of it con
I cerned the restrictions which will bind
his executors and the trustees OF the Aston
estate. James Roosevelt Roosevelt. Doug
las Robinson Nicholas Bddle and Vim
! cent Astor. who begins to serve IA soon
as he becomes Of age six months hence.
VIII signed soon After Marriage
The will was signed on September /
last. nine days after he was married tc
Miss Madeleine Force Lewis Cass Led
yard DIRE W it. following closely in som'
particula RS notably the restrictions which
bind the trustees in the matter OF invest
father. Willinm Astor.
There was no formal readin z OF tho wi
to members Of the family. MIR. Ledyart
Informed those who benefited by it as
ne saw ft. keeping the details closely
private until yesterday. He said he did
Z not know whom it would be filed at the
. Office of the SURROGATE.
Value of the Estate.
I The precise value OF the estate was no
mentioned. A man who has been familiar
with Mr.. Astors affairs said he doubted
~ any one at this timc was competent Ia
give definite estimate OF how much i
was worth. He said. however. that tn
value lies probably between $4,000, ,oO(
and sIo5 1000, 900.
IF were TO stake my life on it though. "
h" said. II would guess the smaller sum
nir. tsIors estate was composed oi
T. property which he owned outright ant
tliot which no held in trust with the power
TO dispo,' by will. The respective valua
tione of these two kinds Of property wer'
npt stated Yesterday. but il is supposed
Z .hu. Ln I,.,l ,r At