The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-26
E. G. SPARROW LEFT
$1,265,S1O TO SON
Lumber Mans Will Bids Chief
Heir Study Business and
Good Manners.
ESTATE EXCEEDS $4,000, 900
Only Direct Public Request Is
Made to Episcopal Church
In Michigan.

The transfer tax appraisal OF the es-
tate Of Edward Grant Sparrow. a lumb
merchant. who died on February 81. 1913,
at II East Sixty eighth street. was nlei
yesterday. Mr.. Sparrow left an estate
In New York appraised at s2s7o.O5s. and
had property In Michigan, oregon and
other Western States estimated at about
$500, 900.
OF the property in New York State
Mr. sparrow gave to his son. Edward
Grant sparrow. sl.26b.310 The terms
Of the will provide that the son is to
have the income from his share until he
is 30. when he gets his two-thrds in
terest In the residuary estate outright.
His sister. Margaret A. Sparrow. who re-
ceives one-third of the residue. gets $780,
t63 Mrs. Margaret Il. sparrow, the
widow. receives an annuity Of $4,000.
the life Interest In the residence Mt "
East Sxty-eighth street, worth $4,000
and the use of the contents OF the house
valued nj SEAS.
Mr.. Sparrows advice to his son on
making him the chief heir ia as follows:
II charge upon my son. Edward Grant
sparrow. the practice OF economy and that
he refrain from ostentation or display. as
such practices are not in keeping with
the pursuit OF learning and are always
offensive TO go1d manners and gentle
manly demeanor, and hereby wish to i'm
press upon both my children, and espe-
cially my son. the advice OF acquiring as
thorough n knowledge Of business az prac-
tcable.
81 especially advise my san to make a
study Of forestry 70 qualify him TO act
with knowledge and intelligence In matters
that will arise in the course Of the adj
ministration OF my estate deeply affecting
him and others interested In said estate.
I'm the disposition I have made by my
will for the benefit Of my son have en-
deavored 10 so arrange my property that
he will always have "A liberal income. and
II called into a public station his needs
will be amply provided for by his own
| fortune"
Mr. Sparrow provided that II his son
died unmarried before ne reaches the age
OF 80 and his sister and mother do not
| survive him the fortune Is to so to the
Edward Sparrow Hospital Association Of
Lansing. Mich.
The only direct public bequest in the
will Is $1,000 TO ST. paus Protestant
Episcopal Church OF Lansing Mrs. Marie
II. Orloff. a sister OF the decedent, gets
S23.75i and his sister. Alicia j. Lansing
receives sl5,766
Mr.. Sparrow left bank deposits oil
sl7s.i70 and life insurance OF $4,000
The bulk OF his fortune consisted OF in.
dustrial stocks. of which the following
were the largest holdings 1,s04 share;
Longyear Mesaba Land and Iron Com
pany, S135.300: 665 shares Sparrow-krol
Lumber Company. s11s,49l 535 shares
Twin Tree Lumber Company. ss3.66O
1900 shares Lansing Company $500.
900: 1000 shares United States Stee
preferred. sos, 900: 1000 shares Ameri
can Can. s123.75o: 500 shares Inter
national Nickel. $4,000; 2,225 shares
St Marie's Lumber Company, ss3,437
: s.O25 shares Copper Range Consolidated
s1s2.72I. and $500 shares Greene Can
anea Copper. s50.375.
The testator suggested concerning hi
holdings Of timber lands IN Oregon am
elsewhere on the Cascade Range that m
timber be sold until his son becomes 2
years old unless the timber is injured b!
forest fire, when II becomes necessar,
10 convert II TO lumber. Mr.. sparrow
! said It was his judgment and he wishe'
; TO impress IL on his son that no land o
timber should be sold until fifteen year
after his son reaches 81 years of age
He authorized his executors TO spen
$500, 900 acquiring additional timber land
adjoining his own.