The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-27
CHARLES G. GATES'S
ESTATE S7,5OO,OOO
Appraisal Shows a Much
Larger Total Than Had
Been Expected.
GOES TO WIFE AND MOTHER
$4,000 Legacy for "Faithful
Nan"-Be1ucsts to Rela-
latives and Friends.

Charles O. Gates who died on Octo- !
b. ~ last 1T Cody, wyo., had a total
estate appraised at s7,500,o00. The es-
tate Is about twice as large IA he was
thought to have left since the debts and
other legal deductions only reduce the
estate 10 $4,000 900 lie left only about
$500 900 in specific requests. and his
mother. Mrs. Dclora r. Gates. and his
wife. Florence Hopwood Gates. each re-
ceive about $3.50, 900 as the resIduary
legatecs
Tho valuation OF s7.5O0oo0 includes tho
SI.OOO.O 900 trust left to Charles O.. Gates
by his father. John w Gates and over
which he had power OF dispoi tion In his
will Under the will of the Younger
Oates the 81 900. 600 becomes a part Of his
reslduary estate and IL divided between
bis wife and mother. He named his
mother as executrX.
The fact that the bulk OF Mr. Gatess
estate will be taxed In Texas upon proof
that he was resident OF Port Arthur.
Tex, and that efforts of the state author
Sites OF New York. Minnesota and Cali
fornia TO have him declared n resident
were unsuccessful was disclosed yester-
day when the appraisal OF Mr.. Gates's
New York estate was filed in the Surro-
gates Court. The total amount to be
taxed here IL only s73.5Os. while a tax
on about s2.25O.OOO or ss2,53s. has been
paid in Minnesota. The property to be
taxed in California Is small. The estate
will nay tax on about 100000 In
Texas.
The papers filed yesterday show that
The proof that Mr. Gates changed hts
residence from New York 10 Texas not
long before his death consisted OF aiii-
davis furnish by his friends and bust
ness associates. Ms we'll as an application
for membership IN the Eiks lodge at
Port Arthur.
Augustine Humcs OF Byrne & Cut
cheon, counsel for the estate. made af-
fidavt that Mr. Gates told him he re-
garded his home as I'm Texas because his
principal business interests were there
and because he desired TO follow in the
footsteps OF his father The younger
Gates had voted in Port Arthur just be-
fore his death and paid poll tax there.
Many Texas Securities.
The bulk of Mr. Gates's estate is IN
securities and consists Of his holdings OF
stocks and bonds In the following Texas
corporations of which he was director
Texas Company. First National Bank Of
Port Arthur. Home Trust Company q
Port Arthur. Port Arthur Rice Milling
Company Port Arthur Export Company
Grirfing Bros Company Inc, Port Ar
thur Hotel Company, Port Arthur Realty
COMPANY Port Arthur Pleasure Pier Com
pany and the Hcisig & Noryell Company
OF Beaumont Tex.
The property IN New York included tho
real estate az los East SEVENTEEN street,
$4,000; two automobiles. $1,000 turs
$3.50. and Jewelry. S2S.630. Mr. Gates's
mother got about two-thirds of his lew
elry under a provision that she was to
have such articles as she desired and
the rest went to his wife The jewelrv
consisted of more than 200 articles, the
more valuable being the following Two
emerald rings, $500 and $500; two
black pearl studs, $500; ruby ring.
$1,000: black pearl scarfpln. sl.5Oo: egg
shaped pearl scarfpIn, s35OO: marouisa
diamond ring, $500. two brown dia-
monds. $1,000, and sapphire and diamond
ring, $1,000.
Mr.. Gatess will, which was attached
to the transfer tax papers, became pub-
lie for the first time yesterday II was
executed on August ., 1912 The larres,
specific requests are 100000 each 10
the decedent's cousins, Dellora + An
gell and Henry Il, Baker of st Charles
III. nv. Baker who was the favorite
nephew OF John w Gates. and who got
szbp'VVV IN ms Will, died few months
ago OF tuberculosis
100000 to 'TaithfuI Man"
Mr. Gates left s25. 900 to his secretary
Charles r. Hermann. and $50. 900 "a
Albert Haeussler, described as his faith.
full man. He left $4,000 TO his friend
George C. Scott of Rye and $4,000 &c
his former partner. Charles G.. Smith
Elizabeth s. Quincy, wife OF his decea sed
partner, Charles II, Quincy, received
500 and Wayne O. BogIe of Detroit
got a similar amount
Mr. and Mrs. Frank Hopwood OF Min.
neapolis, parents OF Mrs Gates. received
$4,000 each and $4,000 each went Il
her brothers Robert G. and Warren J
Iopwood, Edward ]. Baker OF st
Charles, Ill, the decedents uncle. go
$4,000 Mr.. Gates gave $4,000 10 hi,
friend Herbert l.. Jones and released hin
from all liabilities on notes. which h,
directed cancelled and returned 10 Mr.
Jones
Mr. Oates gave his mother M execu
trix power TO retain all securities n,
owned even II they were not such M
were regarded as proper securities FOL
Investment OF the funds OF an estate, ant
directed that she be not held for an,
loss resulting from her management o
the estate He also gave the eSecutri,
power 70 consent 10 the readiustmen
or reorganization ~ any corporation II