New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-07
Bankers Last. Dated De-
Cember, 1912. Indicated
Drop in Resources.
MOST OF THEM IN
OWN HANDWRITING
Son Who Figured in Escapade
Practically Cut Off-To
Repay SSOO,0OO.


1912. will be the one offered for pro-
bate.
The testaments of the well known
banker form a volume that tell of his
modest beginning. his rise in the world
OF finance and then of an apparent de
cline in the financial scale. They show
also his kindly treatment while his re-
sources permitted. of his son, Warner
, Montagnie Van Norden.
In his last will, that Of December 10,
1872. he cancelled certain debts the
young man owed him and suggested
that the son repay TO the estate $500, =
turn this money IF he can" and it is to
be divided between Thedore Langdon
Van Norden and Miss Cora Langdon
Van Norden, other children.
Daughter Gets Residue.
Under this will Miss Van Norden re-
ceives all Of the estate except 5000.
which is left to Miss Virginia L. Titus,
who was for years the faithful secre-
tary" Of MIR. Van Norden. In a prior
will the testator had provided a trust
fund Of 81 100000 for the practically
disnherited son.
Mr.. Van Norden organized the Van
Nnyden Trust Company. with a capital
of 500. 600 and at one time ii had de-
posits of Sj,2j0.OOo He sold his in
terests in the company in January.
1910. and his son, Warner Montagnie
Van Norden. who had become presi-
dent. also disposed of his interests.
The father explained that his retire
ment. was due TO a desire 10 relieve
himself of business cares. The COM
pany later merged with the now de-
funct Carnegie Trust Company. The
father and son also quit their control
of "The Van Norden Magazine"
A week before the merger Of the Van
Norden and Carnegie Trust companies
and while president of the company
bearing his name. Warner Montagnie
Van Norden had two women arrested
whom he accused Of robbing him Of
SOS. 900 outside Of the Waldorf Astoria.
When the case was called Van Norden
failed TO appear.
The first will made by Warner Van
Norden on June IL. 1870, in New Or
leans, indicated a modest estate. 1t
was written in the bankers hand on
notepaper, and left everything to his
wife. Mrs Martha Van Norden. The
second, also written on notepaper
made no changes. except that ii au-
thorized Mrs. Van Norden to take i'm
mediate possession Of the estate. Again
in his own writing. on June I, 1883,
MIR. Van Norden made his third will
on legal cap. and affirmed his former
testaments.
on April :. 1897. Mr. Van Norden
executed his fourth will, this time type
written. There is no mention Of Mrs.
Van Norden in this or subsequent
wills, she having died before the fourth
was executed.
Changes Mind Again.
The fifth will. dated May IS, 1905.
contained more provisions than any OF
the FOREGOING. II left all of the testa-
tors personal estate to his children and
gave $4,000 to Miss Titus. secretary 10
Mr.. Van Norden. The residue was TO
lie held in trust from which the exec
utcrs were authorized 10 invest $500
900 and pay the income to the son.
Theodore Langdon Van Norden, and
the income from 100000 TO the chill
Gren of the latter. The rest Of the
estate was left to Warner Montagnfe
Van NOrden.
on July 10. 1907. Mr.. Van Norden
made his sixth will. once more in his
own handwriting, as was his seventh
and last will. dated December 49, 1912.
From the principal s1,000,0O0 was TO
be invested, the income to be paid for
l:fe to Warner Montagnie Van Norden
Another trust fund of 100000 was
created for Miss Van Norden. the
daughter. under the same conditions as
the other trust. a trust fund of $4,000
was created, the income TO be paid
Mrs. Margaret Warner Van Norden
Lockwood. a sister Of the senior Van
Norden. At her death that fund also
was TO 20 TO the son, Warner. a trust
fund of s7O.0 900 was created for Charles
Van Norden, a brother Of the testator
the principal TO so to Warner for life.
In the last will made by the banker
the bequcst 10 Miss Titus was again
reduced TO $4,000. The residue was
left 10 his daughter. He said: Il de-
wise nothing TO my beloved sons Theo-
dore Langdon Van Norden and Warner
Montagnie Van Norden. for the reason
that their shares have already been
given them and the amount in each
case is more than ! now died pos
scssed.
Man Six Feet Nine Dies.