The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-19
Financier's Will Makes
Him Chief Heir to
Vast Fortune.
REST OF FAMILY
is PROVIDED FOR
Widow Is Given Income of.
$5,Ooo,ooO for Life, While Sim
liar Bequests Are Made to
Daughters-Disposition of
Famous Art Collection
Still Uncertain.
Especial to The Times Dispatch


New York. April Isl. Picrpont
Morgan. Jr.. In mndc his tnthcr'. chief
heir succeeding as rcsidunry Icgatee
to the bulk of the fortune of the
finHncicr under HIS will, according to
Information which came Into the nos
session of The Timcs-Dtspntch corrcs-
nontlent today. Not even the mcmbers
of the family to whom the will was
read. know the extent of Mr. Morgan's
fortunes. No accurate estimate OF the
Hgurcs can he mnde until after the
estate hnx been appraised.
II is possible. however to state on
tho authority of one who is acquainted
with certain terms Of the will that the
following special bcqucsts have been
made:
To Mrs. j. ricrpont Morgan, tho
widow. is left tho income of $4,000. 900
for life, the principal on her doath
to revert to the estate. In addition
Mrs. Morgan also gets the use for life
OF the Morgan residence at 2l9 Madison
Avenue, as we'll as the country place
at Highland Falls, y. Y.
Request to Miss Morgan.
To Miss Anne Morgan similar
monetary bcquest OF $4,000. 900 is made.
the income from this amount to be
paid her during her life. Should she
marry and leave children 1T lis pro-
vided that the principal on her death
shall revert to tho children. But
should she die unmarried or childless
the full amount OF tho principal it Is
provided, shall revert to the rcsIduary
estate Under no conditions would IL
be possible under tho will for Miss
Morgan's husband to inherit the
money. TB
To AIRS. Herbert l.. Sattcriec formerly
Laura y. y. Morgan, and Mrs. w.
Pierson Hamilton, who was Juliet n
Morgan. the income Of $4,000. 900 is
| devised separately with the proviso
that upon their deaths the fun SIM
IN each case. shall go to their chill
dren.
FOR the rest, two employees Of Mr.
Morgan who served him faithfully ana
upon whom he relied particularly
Miss Rcllc Da Costa Greene and Mrs
ada rhurston, have been gencrously
u.iiohioerod. -, Miss Greene and Mrs
lhurston served Mr.. Morgan in mis-
wonderful library, whore tho priceless
manuscripts and first editions are
treasured, and in recognition of their
services. special bequcsts of sl5.oOua
each are made
Fhiliips, the valet, who had been in
MT MorSan's service Tor fifteen years
cce'Nes *io'ooo, To each OF the,
household staff in the employ of Mr.
Morgan for more than i've years. In
cluoihg even tho man who pcriodicaliys
ricancd out the cellar and looked ar
ter the furnace, the sum or $1,000 is
bcqucat thcd.
Disposition StiiI In Doubt.
In these ieGacics. il is declared aI,s
OF the personal bcoucsts in inc will
are embraced. What disposition has
oeen made OF the art collection is
still in doubt but barring that. alli
OF Mr.. MorGans estate is devised ab-s
solntely to his son.
Mr.. Morgan the younger became the
owner of all the personal property.
not otherwise disposed Of including
the wonderful camp in the Adrion-
dacks. the yacht Corsair portions or
the bibrary, and all OF the residuary
Continued on Second FageJ