Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-10-25
WIDOW IS LEFT
HALF OF MATSON
MILLIONS BY WILL
Late ShipoWner Gives $40, 600
to Each of Children BY
First Wife

SAN FRANCISCO. Oct l5.~-Chief
beneficiary under the will OF the late
Captain William Matson, which was
offered for probate yesterday, is the
widow. Mrs. Lille b. Matson, TO whom
is bequeathed one-half OF the estate,
yariously estimated at 100000 to
$3.50, 900. :..e *.. g..
To each of the children by his first
wife, Mrs. Ida Bernard, 20 Short
street; Mrs. William Emily Forrest,
$50 Fifty-fourth Street, Oakland:
Theodore Matson, So Short street;
Arthur j. Matson. 1917 Sixty-first
street, Oakland; Walter J. Matson,
IlillsboTough, is bequeathed 10000.
The residue OF the estate goes to
Mrs. Lurline y. Roth, wife of William
r. Roth, a daughter OF Captain Mat.
sons second marriage.
A conference concerning the will is
10 be held today among the brothers
and sisters of the first marriage, &C
cording to a statement made last
evening by Arthur J. Matson. He
said:
81 do not know at this time what
will be done concerning the provis-
ions OF the will as affecting us. The
notice Of the filing OF the will has
yet to reach me. and until IT does /
shall not say anything concerning my
future actions. / have not retained
any attorney and will make no move
until the way seems clear. At this
time ! do not think there will be a
contest so far as am concerned. 1
shall try tomorrow to get into touch
with the others"
Nothing 70 Charity
Il think the children, by the first
marriage are well remembered in the
will" said Attorney A F. Morrison.
Il do not know whether any of them
will contest. That is not for me to
say"
No requests were made for char
ity, an omission for which Mrs. Mat
son espresso regret yesterday. At.
torHey Morrison, who drew the will
and with the widow is named execu.I
tor, without bonds, said that when
the testament was drawn, Captain
Matson's affairs were involved.
Il have no doubt that IL his mat
tiers were in as good condition then
as they now are" said Attorney Nor
rison. provision would have been
made In any event Captain Matson
was always inclined to leave such
things to his WIFE"
The win was drawn on August z.
1913, and was witnessed by Attor.
ney George j. Hatfield, formerly with
Morrison, and Attorney Edward Hon.
field. who is in Morrison's office.
The will declares that the estate is
community property acquired since
the second marriage, though there is
a reservation that an inconsiderable
part Is not community holding.
Estimates on Values
Those who have close relation 10
the Matson family indicate the es-
tate to be worth about $4,000, 900. In
the down town financial circle the
figure is placed at nearer the $4,000.
600 mark.
The bulk of the fortune left by this
man who started in San Francisco as
a foremost hand on the sea, is said
to be in somewhat more than 400, 900
shares Of the Honolulu Oil Company
of present market quotation OF 81 q
share, making $1,000, 900. Captain
Matson owned 1900 shares of the
Matson Navigation Company, OF
which stock 20 shares sold on the
market yesterday at $40. On an ap-
praisement, 1t was estimated the
stock would 60 about 5000 share. a
total of $4,000 for the estate. Other
stocks owned by Captain Matson were
1000 shares of Honolulu Plantation,
put at 100000: Hakalau Plantation,
100000; Paauhau Plantation, 400
shares. His real estate and miscel-
laneous investments figure. according |
To the financial men, at $3.50, 900, UNI
less the realty was decided before his
death.
Captain Matson did not have ex.
tensiye bank loans. il is said Under |
this estimate the estate would bulk
about $2.750.0eO.
VlITI