The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-04-23
HEIRS MUST keep THE FAITH.
j. II. MORGAN EXPRESSES BE,
LIEF IN CHRIST IN WILL.
Son Made Chief Heir - Less than
twenty Millions to Bcqucsts-Art
Treasures Pass to j. II. and j. :.
Morgan, To be Used i'm Educating
Americans - Will Executed Janu-
airy 4-Codicil Attached Day Be-


fore Financier Sailed for Rome.
New York, April 19.-'I commit
my soul into the hands of my Saviour.
In full confidence. that having re-
deemed it and washed it in His most
precious blood He will present it fault
less before the throne of my Heaven
ly Father; and / entreat my children
to maintain and defend, at all haz-
ards, and at any cost of personal sac
rifice, the blessed doctrine of the
complete atnonement> for sin through
the blood of Jesus Christ, once Of
fered and through that alone"
This is the extraordinary and strik-
ing utterance which begins the last
Will and testament of John Pierpont
Morgan, who died at Rome on March
81 last, whose body, heaped over
with flowers from the crowned heads
of Europe, was fortnight later
brought back to his own land and
last Monday was borne to it's last rest
ing place at Hartford.
Ever since the funeral the publica-
tion of the gerat financiers last will
has been awaited with keen expecta-
ton, and it is safe to say that of all
the interesting testaments of eminent
citizens Of America, that of Mr.. Nor
gan, to be offered for probate here
Monday morning Is by far the most
interesting.
AS To the amount of the estate,
which is one of the first questions the
public naturally is asking, there is
nothing in the will to give any accu-
rate idea, and the executors declare
that no answer will be made on this
point until the appraisal has been
made for determining the State in
heritance tax
The amount Of bequests and trusts.
named by specific sums, is under
twenty million dollars, but the entire
residue Of the estate is left to j. p.
Morgan. Jr., who is designated by his
father to become the chief heir not
only to his fortune, but to his many
charitable and artistic activities.
AS to the document. it is unusual
In many Of its features and, accord
ing to those two or three intimate
friends who already have had a
glimpse OF 1t, 1t IS a portrait of Mr..
Morgan himself, beginning with the
striking confession of his religious
faith Ca side of his character which
was known to his close associates, but
not to the world) and yrunning through
all its 81 articles, duly set forth in
the same logical and orderly fashion
which his friends say marked all Mr..
Morgans mental processes.
He has apparently provided with
painstaking care for every contin-
gency that might affect his family or
his banking firm, and to his executors,
namely his son, John Pierpont Nor
gan, Jr., his two sons-in-law, VIM.
Pierson Hamilton and II. L. Satter-
lee, and his friend. Lewis Cass Led
yard, he gives careful, instruction un-
der many clauses as to alternate
courses of procedure 1t Is to be
noted also that his grandson, Junius
Spencer Morgan, Jr., a young man Of
| only 2l. now student at Harvard, is
repeatedly nominated to take up i'm
portant duties i'm the event Of the
death of his father, John Pierpont
Morgan, Jr.
In this city the question most fire.
quently asked by leading citizens and
learned societies has been that as to
the disposition Of Mr.. Morgans Won
derful collection Of pictures and 9TH
cr art treasures.
Mr.. Morgan makes perfectly plain
what his own hopes on this point have
been and yet leaves his son, who is
his residuary legatee, entire freedom
in the matter. using the following
significant language:
Il have been greatly interested for
many years in gathering my collec-
tions of paintings, miniatures, porce-
lains 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
might determine, which should rem
der them permanently available for
the instruction and pleasure of the
American people. Lack of the neces-
sary time to devote to it has as yet
prevented my carrying the purpose in
To effect. Unless | shall accomplish
ii or make such disposition Of these
collections in my lifetime they will