Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1913-05-01

determine to be sufficient, under all
/ probable contingencies. to yield net
! annual income equal to the amounts
/ of said annuities respectively, and /
/ give and bequeath each of said sums
unto my executors and trustees in
1 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 instalIments 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 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 bis
! obligations, whether they were repre-
scented by documents or by mere verbal
promises. The two articles in full are
as follows:
/
buried in the family burial place pre-
pared by my father in Cedar Hill Gem
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.
II wish that in all arrangements for
|
be followed that was adopted in 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 codici! to the will merely makes
change in minor provision. but is
interesting in showing the great inan-
cier's conscientious attention to small
obligations and details It's language
is as follows:
~, 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, 1918, do
hereby make publish and declare this
| codicil to my said will:
Il do hereby revoke the thirteenth
article of my said will whereby ! be
4 queathed a 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
($25.000l, and | 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 (S25. 000i per annum,
| in equal quarterly installments unto
my said friend Mary G. Mcllvafne,
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 be
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
count the said annual SUN of twenty
five thousand dollars (S25OO0j 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-
quire from my said son or my said
grandson for the performance of such
bond or obligation.
Except as above modified by this
codicil, hereby ratify and confirm my
said will.
in witness whereof have here
unto set my hand and seal this sixth
day of January, 1913
~. PIERPONT MORGAN."