New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-08
millionaire Possessed S25,-
525.525 in the Com
panies' Stocks
ESTATE is NOW
WORTH S60,OOO,OOO
Widow Gets S12,151, 629-
Realty investments Small
Tax Report Shows

Charles ". Hardness, former diree-
The Standard oil Company and
W. =, ,ts largest stockholders, who
ia utte known New York million
-. IN May I. last, left an estate
r'lBes at S49.566.S95. From this the
s.s1et;ons for administration and
- sxpcnses and debts amounted TO
s2472oi
Realty outside the state and enhance
-,,t Of the value Of securities since
,,s time OF death raised the total OF
-. estate 70 about S6O,oOo,ooO.
Jobn J. Lyons. State Transfer APP
raiser. fled his report on the Hark-
-" estate in the Surrogates' Court
yesterday. The tax amounts TO ST.
so5,23l
NJ Harkness's holdings in Standard
MI and subsidiary securities were ap-
raised az S25.525,525. These he left
"a his brother. Edward $. Hardness,
rho also received from the residuary
,s.ste $1,000. O62. making his share
tSsIs75S7 he was the largest bene-
scisrv under his brothers Will.
Brother Left S1OO.OOO,OOO
I.non V. Hardness. another broth
a, who vas q vice-president Of the
s.s,6ard oil Company, died in Jar
nsrv 1915. In California. leaving an
s.tsts which. 10 is believed. amounts
- rnre than SlOO.O0OO00, oil secur'-
.i., constituting q large part. HIS
estate has not vet been appraised.
The second largest beneficiary uu-
dor the Charles ". Hardness VIII l.
Vrs Mary Warden Hardness, widow,
her share amounting 20 Sl2.l5l,629. II
vss divided as follows: Residence at
East Fifty-fourth Street, appraised
;. $685. 900: garage and stable at 135
West Fiftv-secoud Street. appraised ct
$4,000; household effects automo-
Niles and personal chattels, 1857,
and one-half Of the reslduary estate
amounting 70 Sll,63EQ62..
Ms. Hardness received also some
real estate owned by her husband at
Madison. ~ D.. and Edward :. hark-
ness receives the family homestead at
Wiloughby. Ohio. which was not tax
able in this state and therefore was
moi included in the schedules. Harry
s Harkness, promoter OF automobile
racing and amateur aeronsut.
nephsv Of the decedent, received $685.
sS3, and his sisters similar amounts.
Yale Gets 100000
Ysl. University received 100000
A. -whff~ hennpgf Others
v,r, 10 the Presbyterian Hospital
sS5oOOO and Lend-a-Hand Mission,
$4,000. =,
Aside from his comparatively small
realty holdings and personal effects,
practically all Of Nh Hardness
fortune was invested IN stocks and
bonds. From this is excepted S2,322,-
694. which he had in deposits.
His chief holdings in securities OF
the Standard Oil Company and Its
subsidiaries were: Standard Oil Com
psny Of New Jersey, s7,964,600; OF
New York, s2.423,355; of California
S2s46,7s2; Of Indiana, s2,617, 645; Ohio
oil Company, S217O,350; Prairie Oil
& Gas Company. s1,146,596, and South
Penn Oil Company, S673.3S0.
Other large stock holdings were:
Chicago. Milwaukee & ST. Paul, pre-
ferred, S2,2l0,2O0; common, Sl,43S,20O;
Chicago & Northwestern, common,
s5O6,OOO; Baltimore & Ohio, common,
S240.s57; preferred. s225,000; New
York Central Sl,245,000; Southern
Pacific, SS35.2O0.
Mr. Hardness also had large as
sortmsnt Of industrial and railroad
bonds, including Anglo-French Govern
ment External Loan, appraised a.
ii4s,e20; par value s473,600.
One Of the oil mans paintings was
a canvas By Sir Thomas Lawrence, en-
titled LADY Pollington and Child,
which was appraised at $4,000. His
three automobiles were valued at only
$500 Pew No. 10, held by Mr.. Hark-
ness In St. Bartholomew Church, is
appraised az $4,000, and his steam
yacht, the Agawa, at S112,500.