White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1913-04-27
MORGAN MADE
MANY REQUESTS
LATE FINANCIER LIBERAL IN
REMEMBRANCE OF OLD EN-
PLOfES-BULK OF FORTUNE
GOES TO son.


that having redeemed it and washed
1t in his most precious blood he will
present 1t faultless before the throne
OF my Heavenly Father, and entreat
my children to maintain and defend,
at all hazard, and at any cost of per-
sonal sacrifice, the blessed doctrine
OF the complete atonement for sins
through the blood of Jesus Christ,
once offered, and through that
alone"
This Is the extraordinary and strik-
ing ~utteranee which begins the last
will and testament of John Pierpont
Morgan, who died at Rome on March
3lst last, whose body, heaped over
with flowers from the crowned heads
of Europe, was, a fortnight, later,
brought back to his own land, and
was borne to its last resting
place at Hartford.
Ever since the funeral the pub
LEGATION of the great financier's last
will has been awaited with keen ex-
%pectation, and it is safe to say that of
all the interesting testaments of emf
net citizens of America, that of Mr..
Morgan. to be offered for probate,
is by far the most interesting.
As to the amount of the estate,
which is one of the first questions
the public naturally is asking. there
is nothing in the will to give any ac-
curate idea, and the executors de-
clare that no announcement will be
made on this point until the appraisal
has been made for determining the
state inheritance tax.
The amount of requests and
trusts, named by specific sums, is un-
der 100000, 900. but the entire resi-
due of the estate is left to ]. p. Nor
gan. Jr., who is designated by his
father TO become the chief heir. not
only to his fortune but to his many
charitable and artistic activities.
As to the document itself, it is
unusual in many of its features, and
according to those two or three init
mate friends who have already had a
glimpse of 1t, is a portrait of Mr..
Morgan himself, beginning with the
striking confession of his religious
faith "a side of his character which
was known to close associates but not
to the world), and running through
all its thirty-seven articles, duly set
forth in the same logical and orderly
fashion which his friends say marked
all Mr.. Morgan's mental processes.
He has apparently provided with
painstaking care for every contingent
y that might affect his family.
or his banking firm. and TO his execu-
tors, namely his son, John Pierpont
Morgan. Jr., to his sons-in-law, Will
liam pierson Hamilton and II. l..
Satterlee, and his friend. Lewis Cass
Ledyard, he gave careful directions
under many clauses as to alternative
courses OF procedure. It is to be
noted, also, that his grandson, Junius
Spencer Morgan, Jr., a young man of
only q years, a student at Har-
ward, is repeatedly nominated to
take up important duties in the event
of the death of his father, John Pier
pont Morgan, Jr.
Having thus cared for his immedi-
ate family, Morgan proceeds to make
provision for various relatives.
To Jennie Bigelow Tracy tthe
widow of his brother-in-law, Charles
Edward Tracy the income for life of
a trust of $1,000.00O, the capital
upon her death TO go per stripes to
his W. sisters-in-law, Clara Tracy
Hoppin and Julia n. Brown, each the
income for life from trust funds OF
S10O, 600 each.
Then follow provisions for Lucy
Eldridge Lee, for Florence II. Rhett,
during many years a member of my
household, and for Ethel Bangs Wal
lace" Mrs. Lee and Mrs. Wallace.
old family friends, receive each the
income for life of a trust fund OF
500, 600. Miss Rhett receives al
annual income for life of $40, 1000.
Further personal requests are as fol
lows: To Mrs. Mary G. MeIlvaine OF
London, a life income of $4,000 pei
annum. To j. Beayior-Webb, an out
right legacy of $250,000.
DR.. James w. Markoe, a warm
friend of Morgan's and for many
years his personal physician, is to re-
eeive for life, and his wife after him
If she survives him. an annual in
come of $4,000. Morgan adds this
touching tribute to DR.. Markoe: y
make this provision for DR.. Marko'
. =. ar " .z--~ % A,,