New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-22

sit as referees and take expert eFiuN'
of the values of the various assets OF
| the estate. Art experts VIII DE EN-
ployed to assist the appraisers IN de-
/ termining the value of the wonderful
art collections which Mr.. Morgan ieit
to his son. The appraisal will probably
occupy a year or more.
Will Filed by Executors Son.
Mr. Morgan's will was filed III the
Surrogates' Court yesterday by Lewis
/ Cass Ledyard, jr., whose father is one
of the executors. J. r. Morgan, son
of the testator, was the petitioner Tor
the probate of the instrument. he
formally placed the value OF ms
fathers estate as more than Slo'oo"
in real estate and more than $1,000
/ in personal property.
Mrs. Morgan, the widow her three
daughters, Mrs. Satterlee, Mrs Haiill-
ton and Anne Morgan, and Mr.. Nor
gan the petitioner, signed waivers OF
citation as did the executors, which
allows Of the Wills immediate probate.
If will probably be admitted to probate
to-day when Mr.. Ledyard, IT., produces
tho witnesses. The original viii Is
t,.,ev,rittan. but the codicil is in script.
member of the Morgan firm SAID
Yesterday that 1t probably would he
several months before j. p Morgan
tho son. would make any announce
mont I'm regard TO the disposition OF MS
: fathers art collections. which were leit
to him. II was pointed out mat MI
Morgan allowed many months 10 eiapSe
without actually determining what dls-
nosition ne would make OF the collec-
tious. and therefore il was altogether
likely that his son would th'hh inc
matter over for some time. IL Is De-
loved. however, that the son VIII ulu-
r,,torv arrange for the disposition of
the art collections IN pursuance OF the
oxnressed wish Of his father in his Will
So that they will become permanently
available for the instruction and pleas
IRE Of the American people.
Tho corporate stock budget commit
too has decided TO set aside SI5o,Uo
! for the construction of the new WING
NJ the metropolitan Museum Of Art the
Mons for which were originally de-
! signed 60 that it would be sufficiently
I,rco IN house the Morgan collections.
rho ,nuropriation is expected TO be au-
thorizod by the Board of Estimate ana
/ Anrortionmcnt at its meeting week
from THURSDAY If there is any further
deIav in beginning the construction II
the new addition TO the museum be-
cause Of the uncertainty Of Mr.. Nor
gan's final disposition of his fathers
collections. it will be mp TO the trus-
tees Of the museum and not to the city
authorities. it was said.
Museums Plan Memorials.
plans for "A memorial TO j. Pierpont
Morgan. who was president Of the
board Of trustees of the Metropolitan
/ Museum Of Art. were considered yes
terdav at a meeting Of the flnanciec's
associates of that body. The trustees
| of the American Museum of Natural
History. of which Mr.. Morgan was
/ yice-president, took similar action some
days ago.
At the end OF the meeting which was
! largely attended Robert w. de Forest
made the announcement that no def
mite style os memorial had been con-
/ sidcred and that no communication had
/ been received from J. Pierpont Nor
/ gan jr. as 10 his wishes regarding his
| fathers art treasures.
s prominent member of the board Of
trustees however when asked if the
trustees hadn't some definite idea as 10
what would be done with the Morgan
collection. spoke significantly when he
said:
You know that Mr. Morgan was
president of the trustees, YOU know
/ that his collection is here. YOU know
what the will say. and you know the
nature Of Nj Morgan, 50 you can draw
your own differences"
30 action was taken looking TO the
appointment of successor TO Mr.. Nor
gan as president of the trustees Per-
sons closely in touch with museum al
| fairs think. though, that the financier's
son will be elected TO that post, pos
| sibly at the June meeting OF the trus-
tees one other name, that Of promi-
ncnt member of the board has been
I spoken of. but it Is believed the son will
take his fathers place at the head Of
/ the museum
Hr. de Forest said the museum had
/ been informed by ihe corporate stock
budget committee that the S15O,00o for
the proposed Morgan wing had been
acted on fayorably and that the next
step would be To- place it before the
| Board Of Estimate
1t has been believed ever since Mr..
Morgau's death that the museums trus-
tees would plan a memorial and 1t has
! been suggested that the Morgan wing
will probably be The site for the same
and will be known probably as the
Morgan Memorial Wing.
\ well defined move on the part or
persons In the xrt world not connected
with the museum. il was learned yes
terday. aimed To create memorial III
this city To Mr. Morgan as it's greatest
patron of art
At the meeting Yesterday Joseph H.
thoate, first e-president. presided.
Others present werc Edward ID. Adams
John l.. CadWalader. Elihu Root Robert