The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1913-05-01
~ 49, 1*%t++%*Ht:+++S* 30 =
INTERESTING
MANY RESPECTS
Relatives, Friends and En-
pIoyees Provided For Me-
thodjcaI|y and LavishIy.

1t had been predicted the public
charitable requests would be small,
and the prediction proves true. Mr.
Morgan merely requested that his son
continue-to quote one instance, which
is typical-''so long as in his judgment
the same shall be necessary for it's !
support, the same assistance which l
have been in the habit Of giving dur
ing my lifetime to the Society Of the !
Lying In Hospital of the City Of New
York.
The annual gift to which Mr.. Nor
gan referred is known to have been !
100000.
Mr.. Morgan's widow already is en-
titled to the income from a trust fund
created by Mr.. Morgan's father, Ju
MUS Spencer Morgan, in 1867. and the
will provides that she receive for life
the income of an annuity trust fund,
so that her total annuity shall be
100000
This provision is in addition to a
$1,000OOO fund. the income Of which
she will enjoy during her lifetime and
the principal of which she may dispose
of as she sees fit by will.
Thought of Public.
The specific language of the will re-
garding the disposition Of the great art
collection is as follows:
"Article 32.-I have been greatly in
terested for many years in gathering
my collections Of paintings, miniatures,
porcelains and other works of art, and
it has been my desire and intention to
make some suitable disposition Of
them or Of such portions of them as l
might determine which would render
them permanently available for the in
struction and pleasure of the Ameri-
can people. Lack Of the necessary
time to devote to it has as yet pre-
vented my carrying this purpose into
effect.
UNLESS shall accomplish it or
make some disposition Of these collec-
tons in my lifetime they will pass to
my son, John Pierpont Morgan. Jr..
or to his son, Junius Spencer Morgan.
Jr, under the foregoing clauses Of
this will whereby I dispose Of my re-
siduary estate
'Should either my said son or my
said grandson thus succeed to the own
ership Of these collections I hope he
will be able in such manner as he shall
think best to make permanent dispo-
sition or from time to time permanent
dispositions of them or of such portions
of them as be may determine. which
will be a substantial carrying out Of
the intentions which I have thus cher
ished. It would be agreeable to me to
have the Morgan memorial which
forms portion Of the property of the
Wadsworth athenaeum at Hartford,
Conn.,, utilized to effectuate part of
this purpose.
Il do not. however. by the 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 de-
gree his absolute and unqualified own
ership Of said collections should they
pass to him under this will.''
| sisters Jet NOCn1ng.
Some astonishment was expressed
when it was learned that Mr.. Morgan
bequeathed nothing to his sisters. That
feature is explained in article Sc of the
will, as follows:
1T is not from any lack Of affection
or regard for them that this will con
tains no provision for my sisters-Sa
rah Spencer Morgan. Mary Lyman
Burns and Juliet Pierpont Morgan-but
only because the property which they
already have makes the same seem un
necessary"
To every member of the Corsair club
composed Of persons who had been en-
tertained aboard Mr. Morgan's yacht
the Corsair. piece of silver valued a
$1,000 is bequeathed.
It is provided in the will that thu
pieces of silver shall be selected TO-
that particular purpose by the trustees
When Mr.. Morgan was on the wit
ness stand in washington in the mon
ey trust'' investigation he made sew
eral assertions rejecting his implied
confidence in the integrity Of his busi
ness associates. This feeling is reitel
ated in section of the will in whic
he directs his executors to accept with
out hesitation any statements concern
ing his interests that may be made b
his surviving partners.
Provisions for servants or caretake1
employed at Mr.. Morgans propertie
n abroad are thus set forth in article
Of the will:
= IT give and bequeath the followin
annuities in recognition Of faithf1
service:
: ITO Mrs: Margaret Henderson, m
housekeeper at Princes Gate. Londo1
Z, $500 per annum.
t ITO Henry Pendry. my butler {
y Princes Gate. London. $3.50 per al
mum.
L. "To Mrs. A. King. my housekeep'
at Dover House. Roehampton. az
t. per annum.
% ITO J. F. Mcleod. my gardener
Dover House. ROehamDtOn. ESQ u