The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-18
Benz. CUCGENHEIM
LEFT $S,561,994
Estate of Titanic Victim Con-
sists Chiefly Of Steam
Pump shares.
WILL GIVES TO CHARITY

The estate Of Benjamin ouggehhe'"''
president. OF the International Stea'"
Pump Company. who went "o"" !"
the Titanic, was appraised yesterday Ut
s~a.b5l,es.. A feature OF the report was
tho fact that the bulk Of the estate con-
s,s,ed Of Nr. Guggenheim's holdings OF
International steam pump s'och' ''
had sI,2O7 shares Of common s'ocN' Ap-
praised az worth s2.314.492 "a, 'he oaoe
OF Mr.. G~uggenheim's death Inc s'""
has diminished greatly In value H'''oe'
dine 20 the appointment OF receivers on
August %. 1914. N. equity suits brought
by creditors. At present the "'''''"'
stockholders ure trying to prevent Nv
~eorgan!zation Of the concern 'hFo"s"
tho sale of the assets IN a ioreciosure
suit.
N- G~uggeLho.m's holdings OF steam
Pump common consisted OF ol'oo' S'"'ee
FREQ and clear, worm si,'so'of' ""'
oo ooo shares worth s5s0,eis heId as
ar.,o.,l for lin. following loans lo''oo
.S,r.s ., m, National Park banN tor ,
S3uo.OO0 loan, 5000 To the
Hauk ~ Commerce for a Sl'"''"" 80,
FOO TO Uir.ch. l.ilienthal q % .
s4S.sS- owed and l'uoo 70 9e''7'
60. for a dcot Of S2'.H',. .ru.
Ito MAD debts % s77j.2a9. which WIN
,,r.r d.uu,ttprs left a net estate Va
a. ,30.sn1. He gave s1c.""" '"'sh ".'
o,.-,hird ~ tho residue. ar s'5"'l''' "
h!s wife. My. Florett" Gugg""h"lhl !"
his three daughters. Bonita, 10 NJ.
gu.r.te. II. and barbara, = Yeas o,l 90
! me time ~ NJ death, MI. 'tdsee"'''"'
,.r, ,,,e other s1.i56.3">. Nm'n cdcH
daughter reaches - -" - So ""
in, share. and the other natt j. I" 'e
held !U trust. ,a,.
20 nos. Loeb GuldSlltu and Cora i''th-
.rnild. sisters. and \e.te t'ersl'e, 4
niece and s25. oOu each to fauiu" =
nathan and Angelic Gross. sISic's-d'-
Jaw.
the Will gave 10000 cacr 20 IN" Man
! haitian Trad. School for Girls. Mount
sinai Hospital. United Hebrew 'nar-
tiles. Hebrew Technical iustitn'e ana
Emauu-EN-Sisterhood The followihE got
s,.u0u each. Elu'ItiuLal Alliance,
tinted Relic: Workers o. the Ethical
! culture society, HEIR. " Benevolent ana
cruhar Asylum Muui.iiore Hone, AS-
sprta,.uu for Improving the tondtt!"r o!
~. Poor. Charity DISSEMINATION So''|''
Home Tor Aged ana lnf'im Hebrews
Home Tor Culo.rd orphans. -, Jphh ;
Guild. Home Cor Fr."uGle.a CHS. so
ley for tho preveutio!l OF cruelty 70
children. Society for the Suppression OF
Wee and Union iin'u. and school iot
soldiers and sailors Orphans.
Mr. Gu|ggcnh.inls largest stock hold
ings. other than steam pump wele thu
followine $3.50 shares OF Bunker III.
and sullivan Mining and Concentrate
Company. tl1l..Io: 3.o09 shares OF NJ"
River Golfers. $l2O.3so and 2,s57 share.
Of Gusgcnhcim smelling Company, So
s57.
Among a number Of stocks appra,sc,
~ n nominal value were l.IN6 Phllar"'
NINA Smelling arri REFINING company
ao.ofo Igs,ie" Mining CoWl,inN, So
NrNt,r .;as nul I.e,' 'omu'uy hn,
~" kayiuu 1oNi,tu and Gt.,sr com
parN while tie 81 m l'.np stock Is
uuw worth FAR less than IA" amount "a
which IL IL appraised, tl" estate WI
gain through the increased value uI
Electro Boat stock s'u,o Nj ,iuagcu.
heim's dealt. He held 500 shares, az.
pr, sod At only 81, q share, which !:
now selling 1T nearly $500
The r-port di.,'os's 'hdt heC"r" NJ
lGuggsuhc.m left New Nolk o. the ,rir
winch ended IN his DEAN he had m,N'
many contracts Tor future purchases Z"
steam pumr stock al certain stipulat",
prices. \ contract Will ! y w S".ig
man for the purchase Of 800 shares =
Is nu Ma 81. lHl2. was figured IS At
i~nIeht.duess OF SNl 500 OTHER contracts
to huv - The same" date Wer" Hal.
icart,u a Go. 500 at IS. $4,000 Post 4
FHagr. 1000 At -. Sa3. o"p \ co.'r'r
with Jules Porrss g. bay 1000 St'tn
,rump At 20 on March u. 1879. Wa APP
r praised At s~it,ou", AMI on" witt Sreye
4 90. 10 buy 1000 ~ so o. May 81
l?i3. an Indebtedness % $500.
IN" .>ecutnrs sad that the foun.
among Mr. Guggcuh"im's papers ~
4. notes a~gerrg,tiug s2.laf, made 10y ~
7 phouse Jongers. ia" portrait painter
When asked t. pay them Mr Johg"r
: said THAT the d"Cr,i-u' owed him 500"
D for q portrait, ~ h!uIs.if and f"r a cop
of a portrait ~ his father, which We
r nearly finished when Mr. GirgenAc'r
died. The eStat" paid tho artist Sl,"h
and cancelled the notes.
Mr.. G~uggenheim owed tho steam pun
company sl5.le.. and 80, ioT TO his Wiz
His three children had claims 'or ss.Nt'