South Bend news-times. (South Bend, Ind.) 1913-1938, 1914-05-26
POST ESTATE VALUE
PUT At s20,552,2S3
Will of Cereal Manufacturer is
Probated-BuIk of Property
Left to Widow ard Daughter
Executors Give Bond.

WASHINGTON. May 26.-The will
Of Charles w. Post the Battle Creek
cereal manufacturer. who died in
Santa Barbara, May 10, was offered
for probate In the supreme court OF
the District Of Columbia Monday. II
was executed Nov. 3, 1913.
The will disposes Of an estate valu-
ed at $40, 1888, Of which S2,55Z,-
3s3 is in realty and $4,000. 600 in
personal property. Ii is the largest
estate ever disposed of by a will filed
in the District Of Columbia.
The bulk Of the estate is left TO
the widow. Mrs. Leila Y. Post Of
Washington, and a daughter, Mrs.
Marjorie Post Close of Greenwich,
Conn, each receiving 0ne-half Of Mr.
Posts holdings in the common stock
Of the Postum Cereal company. linn
tied, in addition TO other requests.
Mr.. Post leaves 10 his daughter.
Marjorie Post Close, all property
owned by him at Rock Ridge, Conn,
with the personal property used there.
She is also 10 have one-half OF all
land belonging TO the estate In Texas.
and also the Marjorie block and En-
quirer building at Battle Creek
Mich. Mrs. Close is also given %
percent Of all the personal property
OF her father aside from his holdings
OF common stock Of the Postum Ger
cal company. One-nalf of this stock
is given TO the daughter.
Widow Given Battle Creek Realty.
Mrs. Leila Y. Post, the widow is
given all real estate owned by her
husband at Battle Greek excepting
the two properties given to the daugh-
ter; all his real estate holdings in
Santa Barbara, Calf, and one-half of
the realty in Texas belonging TO the
estate. Mrs. Post is also to have %
percent OF the personal estate exclud-
ing the common stock Of the Postum
Cereal company. OF this stock she is
to have one-half Of the shares owned
by the deceased.
To each Of his granddaughter,
Adelaide Close and Eleanor Close,
Mr.. Post left 10 percent Of his per-
sonal estate. To each of the follow
ing named persons he gives two per-
cent of all the money in bank. bonds.
/ mortgages and bills receivable:
Carroll l.. Post. Marshall X. Howe,
Henry c. Hawk, Harry r. Burt,
Samuel H. Small. Edward l. Bran
/ son, Frank G.. Grandin, Arthur 3.
| Williams, members Of the cabinet of
the Postum Cereal company, and A.
| A. Post, his brother; John II. Post a
foster son, and Z. B. Close. son-in-
| law.
The remaining estate is divided in
equal shares TO the widow and daugh-
ter. The beduests TO Mrs Post are
in lieu of her dover or of any con-
I tract or writing with her.
Realty at 1852, $50.
The realty holdings of the estate
are valued in the petition Of the ex-
| ecutors at $2,552,3SO. They include
/ property in Washington. $3.50; Cal
/ hOun county, Mich, $3.50, 600; Green
/ wich, Conn, $4,000; Garsa county,
I Texas. $3.50, 600; Lynn county. Tex,
I S275.00O; Hockey county, Texas
| $4,000; Fort Worth, Texas, $4,000;
| Birmingham, Ala, $1,000, and Santa
/ Barbara, Calf, $4,000.
The personal estate comprising
/ household effects. money. stocks
/ bonds. notes and other securities, is
| estimated at SIS, 100000. The debts
/ of the estate are given as about $10,-
\ 600.
Attorney William d. Hoover, presi-
\ dent of the National Savings and