Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1913-04-20

This is the extraordinary and strik.
ing utterance which hegins the last
will and testament OF John lferponl
Morgan, who died at Rome, on Marei
g last. whose body. heaped over with
flowers from the crowned heads OF
Europe. was "a fortnight later brought
back to his own land and last Mon
day was horne to its last resting place
az Hartford. Conn
As to the amount o1 the estate
there is nothing in the Will from
which to get any accurate idea ah0
tho executors declare that no an
nouncement will be made ON this
point until the appraisal has been
made for determining the state M
heritance tax.
Tn, ar4Ouf III beqi4esly ea0 /. es's
named bv specific sums, is under
$4,000. 600. but the entire residue OF
the estate is left 60 J. y. Morgan, Jr.
who is designated hy his father ia
become the chief heir, not only 20 his
:,f,nne but to his many charitable
snd artistic activities.
The document is unusual in many
of its features. and according TO those
TWO or three intimate friends VIII,
have already had a glimpse of w. u
is portrait of Mr.. Morgan himself
leginning with the striking comics
sion Of his religious faith Ca sid 81
his character which WAS known 10 hi'
close associates but not to the world
and running through all its thirl
seven articles. duly set forth in the
same logical and orderly 5ashio
which his friends say, marked all Mr
Morgan's mental protesse
viii Carefully Prepared.
He has apparently provided with
painstaking care for every contin-
goncy that might affect his family
or his banking firm and to his eX-
ecutors, namely. his son, John Pier.
pont Morgan. Jr., his two sons-ln-law
William Picrson Hamilton and II. l.
Satterlee, and his friend, Lewis Cass
Ledyard. he gives careful directions
under many clauses as to alternate
courses of procedure. 1t is to bt
noted also that his grandson. Junius
Spencer Morgan. Jr.. a young man OF
only 21 now student at Harvard
is repeatedly spoken of to take ur
important duties in the event of death
of his father, John Pierpont Nor
gan. Jr.
Disposition of .irt Treasures.
In this city, the question most FREE
quently asked by leading citizens and
learned societies has been that as to
the disposition of Mr. Morgans Won
derful collection Of pictures and 9th
er art treasures. Nh Morgan makes
perfectly plain what his own hopes
on this point have been, and yet
leaves his son, who Is his residuary
lcgatee entire freedom in the matter
using the following significant lam
guage;
u have been greatly interested for
many years in gathering my colec-
tions of paintings. miniatures. porce-
lains and other works Of art, and II
has been my desire and Intention to
make some suitable disposal OF them.
or Of such portions Of them as
might determine. which would render
them permanently available for the
instruction and pleasure of the Amer
lean people. Lack Of necessary time
to devote to it has as yet prevented
my carrying this purpose into effect.
Unless | shall accomplish 1t. or make
some disposition of these collections,
in my life time, they viii pass TO my
son. j. r. Morgan Jr or to his son,
Junius Spencer Morgan. Jr, under
the foregoing clauses of this Will
whereby | dispose Of my residnary
estate.
Permanent Place for Pictures.
should either my said son or my
Said grandson thus succeed to the
ownership of the collections. ! hope
ne will be able to make a permanent
disposition or from time to time per
manent dispositions. of them or such
portions Of them as he may deter
mine. which viii be substantial
carrying out OF intentions which
have thus cherished. II would be
agreeable TO me to have the Morgan
memorial which forms Il portion Of
the property Of the Wadsworth An
thenaeum at Hartford. Conn. real
lled 10 eltectuate "A part of this plan
do not however, by expression Of
These wishes. intend to impose upon
my said son. or my said grandson,
any duty or obligation. legal or moral,
nor to qualify in any manner or In
any degree, his absolute and unquali-
lied ownership Of said collections,
should they pass to him under this
Charitable Bequc-ts Small
The public charitable bequests are.
as WAS TralfgtaI -. n,opx- 80 tb,oa