New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-20


in get the benefit of reduction in the amount
In many respects Mr. Morgans will remarkable instrument
While great length consisting of about thirteen thousand WORDS
is clear logical essentially human document with tone OF
expression many provisions characteristic OF the aHeconate
though of the as he was known TO MS tahy
and friends, though perhaps not to the world
SON TO GET BULK OF ESTATE.
There does not appear relative friend servant
pove who has been overlooked by the sator With particular
caution his their future work. every
provided for the continuance OF the business OF the m
of T. P Morgan & Co. here and at its branch Offices
Morgan ir is made the residuary legatee of his
fathers estate provision made for his widow his children
and other He receives however, the great bulk OF the
Mr. Morgan peculiarly showed his and confidence in his
grandson Iunus Spencer Morgan elder of Morgan by
referring repeatedly the will possible reduary egatee
in case his father did not the Junius Spencer Nor
gan is twenyone old and student at Harvard
ART COLLECTIONS TO SON.
The SooooOOOo art collection including the paintings
exhibition Metropolitan Museum of Art as we'll as the price
less hooks and art Morgan private library in East
6 street. 90 Morgan T under the resduay clause OF the
will which also Mogans 5O2 shares-a controlling in
+ere-of the stock Equitable Life Assurance Society
No request for his to further the naturalization OF
tho Eotabe which was Mr. Morgans earnest desire
during his He made clear what his hopes were tor the future
m his art While leaving his entire freedom IN the
matter he hopes he will be able out his
own cherished intentions regard to th they will become
permaneny available for the instruction and pleasure OF the
American people"
The will suggest the Metropolitan Museum OF Art as
the nosbe owner or trustee collections Instead the e
tato suggests would agreeable him to have The Nor
an Memorial which portion of the property OF the Wao
worth Atheneun Hartford Conn., utilized to eHeuate part
of this purpose
FUND LEFT TO WIFE
In lieu fund of Sloooooo the income OF which
she is to receive created for Mrs Morgan his widow 1t
left TO her discretion of this fund at her pleasure Be
sides the income from 100000 fund provision made for the
setting apart of sufficient in conjunction with the income
from trust by unius Spencer Morgan ( Mogans
ahe by dated July l. 1867 to which Mrs. morgan mas al
been entitled so that income from these two latter
trusts shall amount to 100000 year.
Mrs Morgan receives during her life Cragson, the Nor
r country place Highland Falls " well as the Morgan
Ion. at No. Madison with furniture, paintings, ETC.
cen family portraits wines) in both houses Morgan
also receives legacy outright Of S00000O Miss Anne Tracy
Moroan his the income for life from trust fund OF
OOO In death without children she should marry
can beoueat husband of this trust fund Sooooo
TRUSTS LEFT TO FAMILY.
The two daughters Mrs Herbert L. Satterlee and Mrs
William Pierson Hamilton will each receive lite income from
. fund of SOOOOOO Mr. Morgans two sonsnaw, Mr. Sat-
e and Mr. Hamilton receive each legacy outright OF
v Bigow Tracy widow of his brothernaw Charles Edward
Tcv as we'll as his stenaw. Clara Tracy Hoppin and julia
Coninu