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


probable contingencies, to yield a net
annual income equal to the amounts
of said annuiies respectively, and
| give and bequeath each of said sums
unto my executors and trustees in
trust to collect and receive the income
thereof and out of the same to pay
said annuities respectively unto the
several respective annuitants, in equal
quarterly installments during their res
| pective lives"
Provision is made that, in lieu Of
setting apart these funds, ]. p. Nor
gan. Jr., or his son may give bond to
insure payments.
Remembered Obligations.
In article 9 of the will Mr.. Morgan
gave directions for his funeral and the
interment of his body. In article he
urged the prompt payment of all his
obligations, whether they We're repre-
sented by documents or by mere verbal
promises. The two articles in full are
! as follows:
"Article at is my desire to be
buried in the family burial place pre-
| pared by my father in Cedar Hill cem-
etery, at Hartford, Conn, and here
by direct that my body be there in
tered on the west side of the monu-
ment and opposite the place where my
fathers remains are inferred.
81 wish that in all arrangements for
my funeral the same general course
be followed that was adopted iIi the
case of my father, except that the
service shall be held in st. Georges
church in the city of New York. with
the bishops of New York, Connecticut
and Massachusetts, and the rector of
st. Georges officiating.
ARTICLE 81 direct that all my debts,
funeral and testamentary charges be
paid as soon after my decease as con-
veniently can be done, thereby giving
to my executors full power and au-
thority to recognize and pay as among
such debts any promise or obligation
made by me, verbally or otherwise,
which, although not in such form that
the holder could compel payment there
of by my estate, my executors think
proper to be paid in their own judg-
ment or because from memoranda or
verbal directions left by me or from
other sources they are satisfied that
it would be my wish to have paid"
Text of Codicil.
The codicil to the will merely makes
a change in a minor provision, but is
interesting in showing the great finan-
cier's conscientious attention to small
obligations and details. It's language
is as follows:
81, John Pierpont Morgan, of the
city of New York, having duly eXecut-
ed my last will and testament, bearing
date the 4th day of January, 1913, do
hereby make, publish and declare this
codicil to my said will:
81 do hereby revoke the thirteenth
article of my said will whereby 1 be-
queathed legacy to my friend Mary
G. McIlvaine, and in lieu thereof /
hereby make the following provision
for her: direct my executors to set
apart a sum which in their judgment
shall be sufficient, under all probable
contingencies, to yield a net annual
income of twenty-five thousand dollars
($25, 900, and l give and bequeath such
sum unto my executors and trustees
in trust, to collect and receive the in
come thereof, and to pay over out of
said income the sum of twenty-five
thousand dollars ($25,O00) per annum,
in equal quarterly installments, unto
my said friend Mary G. McIlvaine,
during her natural life.
81 authorize my said executors and
trustees, If In their judgment the same
shall seem prudent and desirable, in
lieu of setting apart said trust fund,
to accept the bond or obligation of my
son, John Pierpont Morgan, Jr., If he
shall survive me, and if not, then the
bond or obligation of my grandson,
Junius Spencer Morgan, Jr., to pay to
the said Mary G. McIlvaine or to my
said executors and trustees for her ac-
count the said annual sum of twenty
five thousand dollars ($25, ,0OO) in the
manner above provided, hereby giving
to my said executors and trustees full
power and authority to determine
what, if any, security they shall re-
quitS IlOhi NY Suiu SOn VI NY Sulu
grandson for the performance of such
bond or obligation.
Except as above modified by this
codicll, hereby ratify and confirm my
said will.
'In witness whereof I have here
unto set my hand and seal this sixth
day of January, 1913.
81. PIERPONT MORGAN"