New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-18
MORGAN WILL MAY BE-
PUBLIC TOMORROW
Abstract of instrument Will Be
Given Out Probably at
Broad Street Offices.
PREPARE TO PROBATE IT
Attorneys Get Necessary Papers
from Surrogate-Work of
Appraisal for State Tax
To Be Rushed.

IN abstract of the viii of J. PieIpont
Morgan will probably be made public at
the Broad street offices of the Morgan
firm tomorrow. The first move toward
probating the will was made Yesterday
by the lawyers representing the Morgan
estate Lewis Cass Ledyard jr.. whose
father is said 10 have drawn the Morgan
will. went TO the Surrogate's Office yes
terday and obtained the legal blanks re-
quired for filing the will.
The legal forms include the papers nee
essary in filing petition for the probate
Of the will and in drawing up petition
Tor appraisal Of the estate to determine
the transfer tax 10 be levied by the
state. 1t is not likely that the will will
be filed until Monday in the Surrogate 5
Court At the office Of Lewis Cass Led
ward No. II Wall street it was said
Yesterday that he had gone to the coun-
try and would not return before Mon
day.
The appraisal of a large estate. which
Is made by employees of the State Con-
trollers Office. usually takes several
months, or a year. The estate Of T.. II.
Herman took nearly two years TO APP
praise. The transfer tax on the estate
of Colonel John Jacob Astor. who was
lost in the Titanic disaster. was deter
mined in about year. Many are in
clined to believe that the provisions OF
Mr. Morgan's will are so explicit. and the
estate is left in such shape that the proc
ess of determining the transfer tax will be
simple matter, and may be accom-
plished in much less time.
\ letter from J. p. Morgan. jr 10
James b. Mabon. president Of the New
York Stock Exchange. expressing the
gratitude of the Morgan family for the
tribute paid Nj Morgan in keeping the
exchange closed during his funeral. was
posted yesterday in the exchange. the
letter follows.
ION behalf Of Mr.. Morgans family |
p wish 10 thank you for the great and
touching tribute paid my father by the
Stock Exchange i'm remaining closed at
the time of his funeral on Monday. l
would ask you to convey to the members
Of the exchange our sincere and grateful
thanks for their graceful and sympa-
thetic action"
r. =. McEnany, secretary pro tenn of the
New York Cotton Exchange.
Plans for Additions J and X OF the Met
ropolitan Museum of Art, known as the
Morgan wing" are ready TO be sub
mitted to the Board of Estimate for APP
prevail as soon as the $4,000 necessary
cor construction is appropriated. The
corporate stock budget committee voted
unanimously to set aside that amount
but the board has not yet taken offcia
action.
IL is estimated that IT will be three
Years before the Morgan wing is ready
for occupancy. Five 4S-inch water mains
run dagonally across the entire site Il
Addition j. They lead into the lower
reservoir in Central Park. Provision had
TO be made in constructing Addition II
some time ago for such a problem, al
though there were only two mains run
ming under that extension. The five
mains are not on the same level. There
are two upper and three lower ones. To
meet these conditions it will be necessary
to erect concrete arches.
While there has been much speculation
as 10 the disposal Of the Morgan treas
ures in the museum. IL is firmly believed
In art circles that the loans will con-
tinue whether they have been left TO the
museum or not. But in the event they
are not, the museum is so crowded for
space already that il would be pointed
out as absolutely necessary that there
should be an extension of the buildings
so that even should the Morgan treasures
be withdrawn the Morgan wing will be
constructed.
When the plans for the Morgan wins
were made. a year ago, 1t was to provide
space for the entire loan collection. The
extension TO the north, soon TO be com
pleted, and known as Addition II, is only
half the size of the Morgan wing, and
consequently unable TO hold more thar
part of the treasures brought here from
Europe. But in this wing 1t is more thar
probable that some of the Morgan treas
ures will be exhibited next fall, should
the will of the fnancier fulfil the ex'
pectatlons of persons who believe the
treasures are really to remain in the
museum
At a meeting of the directors of the
New York, New Haven e. Hartford yes.
terday, j. p. Morgan, jr.. was elected 10
the board to succeed his father. The
vacancy caused by the resignation of
Lewis Cass Ledyard was not filled. Reso-
buttons were adopted on the death Of Mr..