Five Mile Beach weekly journal., 1917-08-03
Continued from page 8
Copyright, 1911. by D. Appleton & Co.

III OdNhih IhV
Hold on again! The income, you
bay. What is that income?"
Roughly speaking, a mere estimate,
about $4,000 to $4,000 yearly"
'Mr. Grayes-Mr. Graves, are you
era No; l asked you that before
cy sakes, what's the principalT
"In the neighborhood of $4,000, l
believe. OF course we had no authori-
ty to investigate thoroughly. That
will be a part of your duties, but
ssh! Let me soak this into my
brains a little at a time. Bile leaves
his children $4,000, half a million,
and-and they've got to economize!
And I'm would you mind
readin'sme that will?'
The attorney drew a long envelope
from his pocket, extracted therefrom a
folded document, donned a pair of
gold mounted eyeglasses and began to
read aloud:
First, l direct my executor here
matter named to pay my just debts
and funeral expenses IS soon as may
be convenient after my ~decease.'"
did he owe much, think likelyY"
asked Captain Elisha.
Apparently not-very little beyond
the usual bills of a household"
"'Second, I give, devise and bequeath
all my estate, both real and personal,
to my brother, Elisha Warren, If he
survive me-, in trust nevertheless for
the following purpose-tO wit, to In
vest the same and to use the income
thereof for the education and mainte-
nance of my two children, Caroline
Edgecombe Warren -
"Edgecombe? Names for some Of
his wife's folks, | presume likely. Elk
cuse me for putin my oar In again.
Go on"
-"'and Stephen Cole Warren =
'That's his wife, sartin. She was a
Cole. swan, l beg your pardon"
-" until the elder, Caroline Edge
combe Warren, shall have reached her
twenty-frst birthday. when one-half
of the principal of said estate, together
with one-half of the accumulated inter
est, shall be given to her and the trust
continued aor the -adueatier>and~HaHta>
tenance of my son, Stephen Cole War
rem, until he shall have reached his
twenty-first birthday, when | direct
that the remainder be given to him.
"'Third, l appoint as testamentary
guardian of my said children my said
brother, Elisha Warren.
"Fourth, l appoint as sole executor
of this my last will and testament my
said brother, Elisha Warren.
Fifth, imposing implicit trust and
confidence In Elisha Warren, my broth
er, l direct that he be not required to
give bond for the performance of any
of the affairs or trusts to which he has
been herein appointed
1.-THE remainder" concluded Graves.
refolding the will, as purely formal.
1t is dated May Is three years ago. l
come to acquaint you with your broth
er's last wishes and to ascertain wheth-
er or not you are willing to accept
the trust and responsibility he has laid
upon you. As you doubtless know, the
state provides a legal rate of REIN
bursement for such services as yours
will OF may be. Aheml'
Maybe? You mean l amt got to
do this thing unless | want TOT"
Certainly. You have the right to
renounce the various appointments, in
which case another executor, trustee
and guardian will be appointed. /
realize, and I'm sure that your broth
er's children will realize, your hest
lance in assuming such a responsible
ity over persons whom you have never
even met"
Yes, | guess we'll all realize it. You
needn't worry about that. Look heret
Do the children know I'm electedT"
"Yes. OF course the will has been
read to them"
Hum! 1 s'pose likely they was over
come with joy, want they~
Graves bit his lip. Remembering the
comments Of Miss Caroline and her
brother when they learned of their I'M
cle's appointment, he had difficulty In
REFRESHING a smile:
"Wen, what would you advise my
doin'F' asked the captain.
I'm afraid that must be answered
by yourself alone, Captain Warren. OF
course the acceptance of the trust will
necessarily involve much trouble and
Inconvenience, especially to n OF
your-er-settled and-er-conseryative
Il judge merely from what you have
said-your conservative habits. The
estate is large, the investments are,
doubtless, many and varied, and the
labor of looking into and Investigate
ing them may require some technical
skill and knowledge of finance. Yes"
"Um-m! Well, l Judge that that
kind of skill and knowledge could be
hired If a feIler felt like payin' fair
wages, heyT
"Oh, yes, yesl Any good lawyer
could attend fo thai undeF the SuDer.