The Barre daily times. (Barre, Vt.) 1897-1959, 1913-04-21
The Banker Fervidly De-
clares His Faith
in Christ
CHILDREN ENTREATED
TO DEFEND DOCTRINE
Son Gets Bulk of Estate
Nearly S2O,O00,000
in Legacies

Pierpont Morgan, which will be offere
for probate this morning, was made pub
lie in this city Saturday. The money i
largely left in the family, and the publ
requests are few. The great art collec
tions are left to his son, j. Pierpont Nor
gan, jr. with the expectation that hi
Intentions in regard to them might b.
carried out. These intentions were to 81
dispose of them as to make them per
snanently available for the instruction
end pleasure of the American people,
The will opens with the following extra
ordinary and striking utterance:
commit my soul into the hands OF
INV Savior. in full confidence that, hay-
ing redeemed it and washed it in his
most precious blood, he will present il
fautess before the throne of my heav-
enly Father; and | entrest my children
to maintain and defend, at all hazard,
and at any cost of personal sacrifice, the
blessed doctrine of the complete atone
Christ, once Offered, and through that
alone.
Ever since the funeral the publication
of the great financier's last will has been
awaited with keen expectation, and 1T IS
safe to say that of all the interesting
testaments of eminent citizens of Amer
ica, that of Mr.. Morgan is by far the
most interesting. As to the amount OF
the estate, which is one of the first ques-
tons the public naturally is asking
there is nothing in the will to give any
accurate idea, and the executors declare
that no announcement will be made on
this point until the appraisal has been
made for determining the state inherit
anee tax.
The amount of requests and trusts
named by specific sums, is under $40 000,-
600. but the entire residence of the es
tate 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 ac-
tivities.
As to the document itself, it is unusual
in many of its features, and, according
to those two or three intimate friends,
who have already had a glimpse of it, it
is portrait of Mr.. Morgan himself, be-
ginning with a striking confession of his
religious faith Ia side of his character
which was known to close associates,
but not to the world) and running
through all its 81 articles, duly set forth
in the same logical and orderly fashion
which, his friends say, marked all of Mr..
Morgans mental processes. He has APP |
parently provided with painstaking care
for every contingency that might affect |
his family or his banking firm, and to !
bis executors, namely, his son, John
Pierpont Morgan, jr., his two sons-in- |
law, William Pierson Hamilton and II. |
Gait HI. frianI
Ledyard, he gives careful directions I'M
der many clauses as to alternative |
courses of procedure. IT is to be noted |
also that his grandson, Junius Spencer
Morgan, jr., 81, now a student at Har-
ward is repeatedly nominated to take up
important duties in the event of the
death of his father John Pierpont, jr.
In brief the legacies in Mr.. Morgan's
will are:
Immediate Family.
Mrs. Morgan gets trust funt of 81 ,000,-
900, which she may dispose of in will,
life use of town and country houses and
furniture and two additional trusts suf
ficient to yield incomes of 100000
year.
J. Pierpont Morgan gets 100000
outright, all art objects, fellowships,
etc. in various societies
and is made residuary legatee.
Mrs. Herbert l.. Satterlee and Mrs.
William Pierson Hamilton, daughters,
ret 100000 in trust, with power TO
dispose OF the principal among issue.
Anne Tracy. Morgan, daughter, gets
50 100000 in trust, with power to dis
bose of the principal among issue in
went of her marrying or of leaving ST.
100000 to husband in event of there
,eing no issue.
Herbert L. Satterlee and William Pier
on Hamilton, 81 100000 each outright.
Other Relatives.
Mrs. Jenny Bigelow Tracy, sister-in-
aw, gets trust fund Of 81 ,000,0 600, prin. Z
ipal to go to issue of Charles Edward .
'racy. Clara Tracy Hoppin and Julia \.
brown, sisters-in-law, 100000 trust
und principal to heirs.
Sarah Spencer Morgan, Mary Lyman !
turns and Juliet Pierpont Morgan, sis
ers, get nothing, being already suffi- y
iently provided for.
Charitable Requests.
Five hundred thousand dollars in trust il
Dr. the support of the ministry of st. s.
II