The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-04-20
MORGAN'S ESTATE
IS NOT DIVIDED UP
GREATER PORTION OF ENORMOUS
WEALTH WILL GO TO HIS
ONLY son.
TREASURES INTACT
COLLECTION or WORKS or Arr
TO RF- AVAILABLE ron PLEAS
IRE AND INSTRUCTION
OF AMERICAN PEOPLE.

7 pierpont Morgan will be offered for
probate Monday by his executors. d.
p. Morgan. Jr4 William f1eTson tafh
uton. Herbert J.. Satterlee, ana Lewis
Cass Ledyard. II contains approx
n7ately eleven thousand words. ih~
Guiding a short codicil. and was drawn
an January Attn. less than three
months before MIR. Morgan's death.
Its first article is this remafAa4te
paragraph 80.
u commit my soul into the hands
az nv Saviour. in full confidence that
hnxsfre redeemed it, and washed IT IN
his most precious blood, he VIII pre-
sent II faultless before the throne OF
wy Heavenly Father, and / entTeat
my children To maintain and defend.
Al all hazard and at any cost OF per
snnai sacrifice. the blessed ooctrlhe
Of the complete atoneIneht 70, n'l'
through the blood OF Jesus >Chrlst
onre nffered. and through that alone.
Twenty Specific Requests
There are twenty speCnG requests
amounting To SI6,565.o00 OF money
given outright. OF intrust tSesioes
there are requests 10 emp!oyes o. VIC
firm Of ] r. Morgan. or New TOY -
and J. :. Morgan. Of London Servants
and others. -,
bfs nuiv son. ]. ? Morgan Jr- WIN
tha EXPRESSED wish that ne carry oat
rho fathers intention when t'l'
father had not time to put lI!t" -
feet. TO make some suitable us
rogftfo-7 Of them. or Of such portions
- thera as might determine when
would render them permanently
svaI1abl for the instruction and pleas
rre Of the American people
..Tt would be agreeable to me- says
the will. ito have the Morgan m
snorial. which forms q portion or 'he
u 4
aeu,n AT Hartford. Conn. uul2ad 4"
eeferfuate A part If this purpose
! +. Morgan. Jr., gets $4,000 .V'p
outright. and all Of the residuarF eS-
.a4s his sisters. Mrs. William -
Hamilton and Mrs Herbert l. Sat
seriee. each received $3,000.ooo m
tr,st 10 be bequeathed by then q"
their children. The third sister, MISE
Anne Tracy Morgan. receives sS,0oV.-
nan ~ trusf IA he beaueathed by her
10 her children II she has any OF
she may hequeath q sum not to ex-
ceea 81 00O. 600 to her husband II
she should die leaving husband but
no children. VIZ,
70 his widow. my beloved wife,
Frances Louisa Tracy Morgan ar.
Morgan wilied the income OF trust
and ~ 81 100000, the principal to
n
Sha also receives the income OF
trna, fund. which Mr.. Morgan held
iron, MS father. Junius Spencer Nor
man and which has been very large
Il. increased during my lifetime f1eF
tt.ar9, income from these two sources
must be AZ least 100000. she also
HAS tho use Of the city home on Mad
IsDn avenue and the country nome
trraesieu. at Highland Falls, with
hga
family portraits and wines, the taxes
and insurance premiums TO be paid
out Of the residuary estate Upon
her death the j s Morgan trust fund
goes TO ]. z. Morgan, Jr.
The other family requests are as
follows To Jenny Bigelow Tracey.
widow Of Charles Edward Tracey, MT.
Mnrgau's brother in-law. 500, 0oe IN
trust; to q sister n-law, Clara Tracey
Hoppfn s100 600 in trust; 10 sister
in-law, Julia y. Brown, 500. 600 IN
trust
As 70 Mr. Morgan's three sisters
Sarah Morgan. Mary Lyman Burns
and julia Pierpont Morgan--the Will
SAYS
1T is not for any lack OF affection
or regard for them that this will con
fains no provision, but only because
the property which they already have
EazktS the SAINT StFlAi ti't t0FfiA y
The executors are directors to pay
the income Of 100000 TO Lucy FL
dredRe Lee, and a net annual income
of $4,000 to Florence NJ, Rhett,
during many years a member Of my
household" Ethel Bangs Wallace Is
TO have the income Of $500, 600.
Son Gets Art Collection.
J r Morgan, Jr, as residuary
legatee. Is also requested TO give his
sisters. without lmpairing the com
pleteness If the notable art colleC-
lions. such articles as they may par
tfcuiarly desire. and To give TO my
friends as memeutos Of me, such al
these articles as he IN his discretion
may select. and consider suitable for
The purpose"
Under the Will my friend Mary G
McTlvaine." Of London, was 70 have
s25e0 outright, but IN a codicH
dated January 9Th, two days after the
will was executed. this legacy was
changed 10 an annuity II S25, 600.
Mrs Mary @ McIlvaine is an ell
Derry woman. the widow OF an old
friend Of Mr. Morgans Her son.
Clarence McIivainc, with whom she
lived in London. Gied a few months
ago He was connected with the
London Office OF Harper & Brothers.
One characte ristic request is that
All debts he paid as soon as conven-
tent. and that promises or obligations.
even IL not in legal form. he fulfilled
by the executors.