Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-10-25
WlDOM IS LEFT \
>AALF OF MATSON
MILLIONS BY WILL
Late Shipowner Gives $50 900
to Each of Children BY
First Wife


SAN FRANCISCO, Oct 15.-Chief
beneficiary under the will OF the late
Captain William Matson, which was
offered for probate yesterday is the
widow, Mrs. Lille b. Matson, 20 whom
is bequeathed one-haif OF the estate,
variously estimated at 100000 TO
s2,750.000.
To each of the children by his first
wife, Mrs. Ida Bernard, 20 Short
street; Mrs. William Emily Forrest,
$50 Fffty-fourth Street, Oakland;
Theodore Matson, sc Short street;
Arthur J. Matson, 1877 Sixty.first
street, Oakland; Walter J. Matson,
Hillsborough, is bsqueathed $4,000.
The residue of the estate goes to
Mrs. Lurline B. Roth, wife of William
y. Roth, a daughter OF Captain Mat
sons second marriage.
A conference concerning the will is
to be held today among the brothers
and sisters of the first marriage, &C
eording 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'
lions OF the will as affecting US. The
notice OF the filing OF the will has
/. yet to reach me. and until II 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. |
shall try tomorrow to get into touch
with the Others"
Nothing to Charity
81 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
viii contest That is not for me to
say"
No requests were made for char
ity, an omission for which Mrs. Mat.
son expressed regret yesterday. At
torney Morrison, who drew the will
and with the widow is named execu-
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 will 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 to
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
900 mark
The bulk Of the fortune left by this
man who started in San Francisco as
foremost hand on the sea, is said
10 DC IN bOuiCWudt llOIC IudH 1VV,OVV
shares OF the Honolulu OIL Company
of present market quotation Of 81 a
share, making s1.60o,O00 Captain
Matson owned 1000 shares of the
Matson Navigation Company, Of
which stock 20 shares sold on the
market yesterday at s27O. On an ap-
praisement. 1t was estimated the
stock would go about 500 share. a
total of 100000 for the estate Other
stocks owned by Captain Matson were
1000 shares OF Honolulu Plantation,
put at 100000: Hakalau Plantation
100000; Paanhau Plantation, 400
shares. His real estate and miscel-
laneous investments figure, according
to the financial men, at $250,000, I'M
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 $2,750,000.
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