New-York tribune., 1916-07-29

Cragston, country place at Highland
Falls, n. Y, 100000.
Camp Uncas, Hamilton County, \. T.,
$4,000.
Half interest in fifty-fve parcels and
lots at City Island, appraised at s92l,-
1875, S450,597.
Interest in parcels in Irvington,
Dobbs Ferry and Ardsley, slo2,4sS.
Son Largest Beneficiary.
Under the will OF Mr.. Morgan his
son, j. p. Morgan, was the largest
beneficiary. He received legacy OF
s3.000,600; wines, family portraits and
jewelry, SlO4,791; a piece OF silver,
$1,000; furniture, silver plate. orna-
ments and bric-abrac, S4O5,7I4; fur
niture and chattels at Camp Uncss,
ss.904; interest in remainder OF a
trust fund Of sl.64032l; remainder
interest in a fund of 100000; remain
der value in residence at 219 Madison
Avenue; other remainder interests
amounting TO about s2,000,000. and the
residue Of the estate. valued at S47,-
6S7,450, the total present value OF this
share being S53,6S4,9lS.
Mrs. Frances Louisa Tracy Morgan,
the fnancier's widow, received LIE
estate in sl,000,000; life estate in
s444.444; a life estate in Cragston, life
estate in family residence at 2l9 Madi-
son Avenue, life estate in 33 East
Thirty-ffth Street and life estate IN
certain pictures and furniture. value
at S744,092. the taxable interest OF all
being placed at Ss54672.
The three daughters of Mr.. Morgan ~
I'll
p. Hamilton and Miss Anne Tracy Nor
gan-each received life estate IN so'-
600 900. Mrs. Satterlee and Mrs. Ham
ilton also received an interest in
life estate previous created by their
father.
William Pierson Hamilton and Her
bert /. Satterlee. sons-in-law and part
ners of Mr.. Morgan, each received Sl,-
000 900.
Silver Gifts to Friends.
The following friends of Mr. Morgan
each received piece of silver valued
at ST. 900: Lewis Cass Ledyard, Joseph
II. Choate. Chauncey NJ. Depew, George
6. Bowdoin. Charles Lanier. Francis K.
Appleton. William Rockefeller. George
l.. Rives. Frank X. Sturgis and Charles
Steele.
One hundred and ninety-fve employees
Of J. P. Morgan e. Co. received an
amount equal to a years salary. About
81 COO. 900 was distributed by the will
among relatives and friends. The trus-
tees OF the Diocesan Convention Of New
York received $780, 900. and the House
of Rest for Consumptives, 100000.
Mr. Morgan's famous steam yacht
Corsair. with equipment, was appraised
al S1S5,000, and the yacht Columbia at
Sl3,350
The contents of the decedent's wine
cellar were appraised at $44, ,74S. but
Is per cent deduction was allowed for
leatage. leaving the net value of the
contents s3s,O30.
The most valuable items enumerated
were: 2s9 bottles Veuye Pommery Ma
ture. 1892. 1903; ll6 bottles Troy {. l..
Special. 1884, S4S3; 3l5 bottles Charles
Fretes Reserve Brut. 1896. Sl,050; 295
Kruc. 1889. 1888; 1875 bottles Chateau
Lafitte. 1878. SSl9; 2l7 bottles Louis
Philippe Cognac, S2,l70; two bottles
Cognac GODDARD. 1897, $50; two bottles
Grand Fine Champagne Cognac, 1897,
SGT: 100 bottles Grand Fine Champagne,
1900. 81 2s0; Rye and Scotch whiskies,
sl.45s: 1922 bottles port wines and
sherries, 1857; l44s bottles Madelrss,
s5.792; 1872 gallons sherrlss and ma
dclas in demijohns. sl,7sl.
II is estimated that the state transfer
tax on the estate will amount TO about
81 900 900. The executors already have
paid s2,500,000 in advance, which gives
the estate the benefit of discount on
the total amount.
Mr. Morgans principal stock and bond
holdings were
STOCKS
(Shares.l
25O E,na Insurance Company. sSo.sIo.
SAP Alabama Vicksburg Railroad
s47. $50. .,,,oo
is5 Allied Arts Company. tl2.5OO.
sf25 American Bank Note, preferred.
sis5 .625. A., .
si54.6sT. ,oo ooo
200 American Surety Company. sZo'ooo.
2I42 American Telephone and Telegraph
s2sS.27s. .,..d
$50 American Tobacco, preferrsd'