Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-05-21
LOCAL CHARITY
GIFTS IN WILL
, Of HORACE COOK
Conditional Requests TO Babies
Hospital and Home for Grip
pied Children.
Especial to Tho Evening star.I


FREEHOLD, May 91.-As Joint ex-
ecutor with the testator's widow, the
Fidelity Trust Company. of Newark,
Yesterday filed in the surrogate's office
here the last will and testament of
Horace p. Cook, who at the time of
his death, about two weeks ago, was
mayor of Red Bank and who was
well known as "a former member of
the Newark firm of Cook & Genung
In the will conditional requests are
made to the Home for Crippled Chill
dren, the Babies Hospital and the
Eighth Avenue Baby Shelter and
Day Nursery, all of Newark.
After directing his executors to
purchase lot in some cemetery and
on it to build, at a cost not to exceed
$4,000, vault sufficient for the re-
ception of six baskets and to place
In it the bodies of his three children
Louise, Morris and Helen Cook which
are now inferred in Mt. Pleasant
Cemetery, Newark, Mr.. Cook leaves
to his widow, Nellie l.. Cook, and to
his daughter, Madge Z. Mount, the
sum of $4,000 each. 1t is then di-
rected that should the estate show a
balance of 100000 after the payment
of these requests, there is to be paid
to the Babies Hospital, of Newark,
$1,000 and to the Home for Crippled
Children, of Newark, $4,000, for the
purpose of endowing in that inStitu-
ton bed in the names of the tesla
tors deceased children, Louise, Helen
and Morris Cook. 1t is further pro-
vided under the same condition that
$1,000 shall be paid to Eliza Colmer
his id and that
$4,000 each shall go to his sister-in-
law, Mary Morris and to his half sis
ter, Anna l.. Cook.
Balance to Widow.
Whatever the balance of the estate
may be is left to the Fidelity Trust
Company and the widow in trust.
They were directed as trustees to sell
all the testator'S stock, bonds, mort
cages and assets of every kind, ex-
cept such municipal bonds as he may
have had at the time of his death, and
to also dispose of his real estate. The
proceeds of such sales are to be put
in a trust fund and invested in mum,
cipal bonds of the city of Newark
or those of the county of Essex or in
the bonds of other Jersey municipali-
ties that may be- in the estimation of
the trustees, as good as those of New
ark Out of the trust fund thus es-
tablished the income is to be paid to
the testator's widow during her life
time unless she remarries. In the
latter case the income is to go to her
only until the date of her remarriage.
After her death or remarfiage the
trustees are to pay to the testator's
daughter the sum of $4,000 a year.
to his grandchild, Margaret Cook
Mount, $1,000 a year, and the bal
ance, if any, goes to his daughter.
After the widows death or remar-
riage and the death of the testators
daughter $4,000 a year is to go to the
granddaughter during her lifetime,
and upon her death the trustees are
to pay to her issue, if any, 100000
of the principal of the trust fund. In
the event of the net income of the
trust fund exceeding the sums neees-
sary to meet the. previous provisions
of the will, directions are given for
It's distribution among members of
the testator's family.
With the complete fulfilment of all
preceding provisions of the document
directions are given in the will for
the disposition of the residue. Under
those conditions the Home for Grip
pied Children is to receive $4,000 to be
used for a new building or for an ad-
dition to the present structure IN
memory of the teStator'S four chill
dr6n. Inc same 1HSIlIuIloH IS diSO W
receive $4,000 to endow bed or beds
in the names OF Mr.. Cooks children.
It is further provided. under the same
conditions that $4,000 is to go to the
Babies Hospital of Newark to endow
a room or rooms, a bed or BEDS in
the names of the testators children.
The balance of the trust fund.- if any,
is then to be divided equally among
the Eighth Avenue Baby Shelter
and Day Nursery, the Babies Hospi-
tai and the Home for Crippled Chill
dren.
AS executors of the will and trus-
tees of the fund Mr.. Cook named the
widow and the Fidelity Trust Com
pany, and specifically directs that
neither of them, in either capacity,
shall be required to give bond or
other security for the faithful per
Torrance of their duties. The will,
which is dated April 26, 1912, does not
show the total value of the estate.
The document is signed as witnesses
by Gertrude Beavers. Charlotte ia
cobb and Hugh B. Reed. 1t was filed
by Edward A. Pruden, trust officer Of
the Fidelity