New-York tribune., 1918-07-04
:. e.. Bennett viii Pounds
Home for N. Y. Journalists
Mt 100 Fauborg st. Honore, an an
nuity Of $4,000.
Semi Annual pavmants
Continued from pagc

'NNJ VI To'VVu.
Semi-Annual Payments
All the above annuitics mentioned
IN paragraphs ten to twenty-five Of
this my will shall be paid in equal
semi-annual payments, reckoning
from the time Of my death.
TWENTY-SIXTH--l give and be-
queath unto each and every one of
my domestic servants who shall be
in my employ at the time of nv
death, and to whom 7 do not give
%n annuity. Il sum equal in amount
to the amount of his or her wages
Tor one year at the time of my
death.
TWENTY -sEvENTH-~Ench devise
hcQuest and annuity, given by the
preceding articles Of this my will
shall be over and above, and free
from any and all legacy. inheritance
or transfer tax or taxes, or duty or
duties upon or in respect of, or upon
or IN respect Of the transfer of such
oeVlse. bequest and annuity, shall be
PAID by my executors out of NV
estate as part of the expense Of ad-
mlnlstration thereof, 80 that each
dcv'see, legatee and annutant shall
receive the full amount of each de-
Vise' bequest or annuity hereby given
10 MN or her, free from any such
tax or duty.
TWENTY-EIGHTH - Each legacy
or annuity hereby given to woman
no" or hereafter married shall be
lor her own separate use, and not
subject to the debts or control of
her husband. Each such legacy and
annuity shall be payable to the
legatee or annuitant in person only,
ana on her or his personal recent.
and shall be inalienable and not cap
able of anticipation, pledge or trans
Ter, In whole or in part, by the lega-
tee or annuitant. All annuities
hereby given shall commence at the
time of my death and be payable in
Ssauai parts half yearly, except as
herelnabove specifically mentioned.
Disposition Of "The Herald"
TWENTY-NlNTH-It is my long
cherished intention and purpose and
it is my will to establish a substan-
1lai, appropriate and permanent
memorial to my father, the late
James Gordon Bennett, the founder
and for many years the proprietor
CT The New York Herald" and
therefore to that end and to effect
uate my said intention and purpose
] direct the executors of this nv
VIII hereinafter named and such of
them as shall qualify and the sur
vlvors and survivor of them and their
successors and successor. as soon rs
practicable after my death and dur
ing the life of Isaac Bell and James
Gordon Douglas and the life Of the
longest liver of them, to cause or
procure to be incorporated n corpora
ton to be named "The James Cor
don Bennett Memorial Home for New
York Journalists" in memory of nv
father, and for whom the same shall
be a perpetual memorial, the general
objects and purposes Of which cor
poration. which shall, if possible,
nave perpetual existence, shall be to
provide and maintain a suitable and
comfortable. homo or to provide Pc
cuniary aid to persons who shall
have been employed for at least ten
years upon or by or in connection
with any daily newspaper or journal
which is now OR shall be hereafter
regularly published in the Borough
ct Manhattan, in the City of New
York, and who shall by reason of old
age, accident or bodily infrmity, and
through lack Of means be unable to
care for themselves or need such
nome or aid, each of which persons
Shall be nominated and recommended
Tor the benefits Of such home or for
such aid by the proprietor or owner
or publisher of any such newspaper
or Journal (whether an individual or
corporation) and shall be approved
and accepted by the board Of drec-
tors of such home in its uncontrolled
discretion, and which board of d.
rectors shall always in the selection,
approval and acceptance Of persons
TO receive the benefits of such home
or such aid. give the preference to
81, l.,
nave been employed by or associated
with The New York Herald Com
pany or The New York Herald Com
pany Societe Anonyme Francaisc
upon or in connection with either
the New York or the European Ed
tlon of "The New York Herald"
newspaper or "Thc Evening Tele-
gram newspaper
May Award Pensions
The said Memorial Home Corpora-
tion shall establish and maintain a
suitable building or suitable build
lngs and grounds and appurtenancas
to provide home or homes for the
persons so to be benefited or aided,
ana may also aid any such person or
persons by pecuniary or other contr-
buttons or by pensions or otherwise
as its board of directors NAV. in its
uncontrolled discretion, from time to
time deem best. And l give, devise
and bequeath all the rest, residue
and remainder of all the estate and
property, real and personal and of
every Kind and nature and whereso-
ever situated, which shall belong to
me or be subject to MY disposal at
the time OF my death unto such "The
James Gordon Bennett Memorial
Home for Now York Journa1istc Gov.
poration" so to be formed, when and
as soon as the same shall be duly in
corporatcd, to be used and applied
Tor its corporate purposes; and all
income of my said residuary estate
and property which shall accrue
after my death and until such Home
Corporation shall be so duly incor-
porated and entitled to receive such
reslduary estate and property, / give
and bequeath absolutely unto my
friends Eugene Higgins and Rodman
"anamaker and James Stillnan and
TO such of them as shall survive me.
IT is my desire and will that such
Memorial Home Corporation shall
own and, as soon as the due admins
tratlon Of my estate shall permit, re-
celve and that it shall hold as long
as practicable all capital stock Of
the New York Herald Company and
the New York Herald Company So
clete Anonyme Francaise which shall
belong to me at my death and
form part OF my rcsiduary estate and
property, and that by virtue of it's
ownership of such stock it shall from