The citizen. (Honesdale, Pa.) 1908-1914, 1913-05-06

\ !. in full confidence that, having J.
~ redeemed it and washed 1t in d
+ his most precious blood. he will \
I. present it faultless before the i
+ throne of my Heavenly Father, J.
!. and 1 entreat my children to Z
+ maintain and defend, at all haz- \
]. ard and at any cost of personal I.
+ sacrifice, the blessed doctrine of 4
!. the complete atonement for sin 4.
+ through the blood of Jesus +
!. Christ, once offered, and through I.
I that alone I
+
TNHE will of the late ]. P. Nor
gan, which recently was filed
II for probate in New York, is
remarkable and interesting
document in several respects. 1t be-
gins with a declaration Of the great
financter's faith in redemption through
Christ, revealing a side of his nature
known to none but his intimate friends.
BY verbal short cuts it makes be-
quests amounting to millions, and vet
1t in no way hints at an answer to the
question so frequently asked, "What
was the extent of the Morgan for
tuner"
The will was made Jan. 4, 1913. A
codicil of no great significance was
added Jan. 6. The following day Mr..
Morgan sailed for Europe, never to re-
turn alive.
In providing methOdically-andl Law
ishly-for his wife, his children, rela-
tives, friends, clerks and servants Mr..
Morgan wove into the will his inten-
tlon that the Morgan money mantle
Should descend upon his son, ]. P. Nor
gan, Jr., and then on his grandson,
#Junius Spencer Morgan, Jr.
Art Works to Son.
The wonderful Morgan collections
pf art treasures paintings, potteries
and sculptures are. bequeathed to the
BON. But, though the bequest is alb
folute, so far as the legatees right to
retain the collection is concerned, the
wish is expressed that the new head
Pf the house Of Morgan make the same
public disposition as his father had
be lived to carry through his plans.
30 also in the charitable as we'll as the
lrtistic and financial interests Of his
Father is ]. P. Morgan, Jr, the chief
heir.
The executors and trustees of the
state are J. P. Morgan, Jr., William
ierson Hamilton and Herbert L. Sat
erlee, Mr. Morgan's son-in-law, and
Iewis Cass Ledyard.
The disposition Of the vast Morgan
fortune can be summed up briefly as
ollows, the order in which the names
nd bequests appear being the same
s that Of the will:
Mrs Frances Louise Tracy Morgan, the
idow-A trust fund of s., 100000 to be dis
osed of at her death as she dictates and
additional income of at least 800, 900
nd the use of Cragston, the country place.
nd the town house, 219 Madison avenue
ew York.
John Pierpont Morgan, Jr., son-S3 OOO,-
% outright, the residuary estate, the great
Ft collections and the library
Mrs. Louisa Satterlee and Mrs. Juliet
amilton, daughters-Income for life from
ust funds of SO 100000 each.
i Miss Annie Tracy Morgan, daughter
lcome from trust fund of $3OOO,OOO a
. ird Of which she may bequeath to hus-
and if she marries and he survives her
William Pierson Hamilton and Herbert
livingston Satterlee, sons-in-law and
rtners-$1 900 each outright
Mrs. Jenny Bigelow Tracy, widow of
r. Morgan's observation-disclosures for
~ e on l,OOOOOO, capital to go to her heirs
Clara Tracy Hoppin and Julia N. Brown
observation-disclosures from trust fund of
900 each, capital to heirs.
Mrs. Lucy Eldredge Lee and Mrs. Ethel
angs Wallace, old family friends-In-
III me for life from trust funds of $100 900
ch.
Florence NJ. Rhett, for many years a
ember OF the Morgan household-Annual
come Of $4,000 for life.
Mrs Mary G. MIlvane of London-An-
lal income of s25, 900 for life.
Beaver -Webb-$25OOOO outright.
pr. James w. Markoe family physician
5000 year for life to be paid after
death to wife.
Requests to Employees.
i Bella De Costa Green, librarian-$5O,OO 900
fright.
Ada Thurston assistant hbrarian-$1O,-
outright.
captain w. B. Porter commander of
Constellation outright.
= Charles w. King, secretary-s25O 900 out
int.
Employees of the firm Of ]. P. Morgan
Co., New York, and those employed by
s. Morgan & Co. of London when that
n was dissolved - One years salary
fh.
Edward Phillips, valet-$15 900 outright.
ervants employed In various households