New-York tribune., 1918-07-04

newspapers or the charges for nd.
Vertisements therein, or to increase
the costs of production by improve
mcnts In any Of said newspapers. al
ways having in view these obiccts
rather than an increase of net
profits. ''
Ut is also my wish and hope that
each OF the executors Of this will
hereafter named. and each person
VINO may at any time be an executor
OF my Will, shall be and act as a di-
rector OF such Memorial Home Cor
porat'on and director Of each of
sa'd corporations the New York
Herald Company and the New York
Herald Company Societe Anonvmc
Francaisc. 1t is also my will and
direct that each executor Of this
my Will who shall act as a director
or such Memorial Home Corpora
uon shall be paid and receive as
compensation for his services as such
director, and his services as a di-
rector OF either or both of said New
York Herald Corporations, if he
snail also be director Of them or
either of them, the sum Of $4,000
per annum, in addition to any COM
missions or compensations which he
may receive or be entitled to for
ms services as an executor Of this
Executors Named
TH1RT}ETH-I hereby nominate
and appoint my friends Eugene
higgins, Rodman Wanamaker and
James Stillman to be the executors
or TINS, my will, and request and di-
rect that no bond or security for the
performance Of his duties be required
OF any of them or of any other execu-
tor Of this, my will, and that each
such executor may be permitted to
act as such executor without giving
any bond or other security.
For the purpose Of paying any leg
acy. or iegacies, or satisfying or pro-
vlding for the payment of any of my
debts or obligations or of any an
nuity or annuities. or for the execu-
tlcn Of this, my will, or for the ad
mlnstration Of my estate or for any
other purpose. I authorize and en-
power the executors or executor for
the time being Of this, my will, in
their or his uncontrolled discretion,
to sell, assign, convey, transfer,
mortgage, lease or exchange any real
or personal property which may be-
long to me at my DEATH or which
may at any time belong to or form
part of my estate and property, and
to execute and deliver any and all
deeds, conveyances, assignments,
mortgages, leases and other instru-
ments which may be necessary or
proper to d.rry any such sale, as
slgnment, mortgage, lease, exchange
or other disposition into effect, and
any and all property so sold, con-
,veyed, assigned, mortgaged, leased or
exchanged shall be free from all lien
or charge Of or by reason of any de-
wise, bequest, or annuity given or
made by this, my will, or any codicil
thereto.
authorize and empower said eXecu-
tors or executor to retain and hold
any personal property which may be-
long to me at the time of my death
and to set aside and hold any part
thereof to provide for the payment
and satisfaction of any annuity given
by me. ! especially request and
charge said executors or executor not
to sell or part with any Of the capi-
tai stock of The New York Herald
Company or The New York Herald
Company Socete Anonyme Francaise
unless it shall be absolutely neces-
sary to do so, but to transfer all Of
such capital stock to said Memorial
siduary estate when and as soon as
practicable to do so in due course Of
the administration Of my estate and
the execution of this, my will.
Provisions for Vacancies
THIRTY-FIRST-I authorize and
empower any person who at any time
may be an executor Of this my will,
at any time, by an instrument in
writing under his hand and seal and
acknowledged or proved so as to en-
title the same to be recorded as
deed Of real property, to resign his
office as such executor. If at any
time there shall be any vacancy or
vacancies in the executorship of this
my will and consequently less than
three executors thereof, by reason Of
the failure to qualify, death, resig
nation, incapacity or removal of any
executor, such vacancy or vacancies
may be filled by the appointment of
another executor or other executors
by the surviving or remaining and
competent executors or executor by
an instrument in writing under their
hands and seals or his hand and seal
executed and acknowledge so as to
entitlc the same to be recorded as a
deed Of real property. and every ex
ccutor thus appointed shall upon and
By virtue Of such appointment have
and possess the like rights, powers,
discretion and duties as il named as
an executor in and by this will.
THIRTY SECOND If any person
shall object to or contest the pro-
bate of this will or any part thereof
or attempt to revoke the probate Of
said will or any part thereof Or at
tempt to set aside the probate of said
will or any part thereof adiudged to
be invalid or Intellectual or attempt to
modify any provisions of said will,
any devise or beeuest or annuity
given to such person shall be thereby
revoked and annulled and become
and be Of no effect and such person
shall receive no part of or benefit
from my estate and property, and in
such case I hereby revoke, cancel,
and annul every such devise, bequest
or annuity hereby given to such per-
son and all money or property here
by given to such person shall fall
into and form part of my residuary
estate hereby disposed of.
Other Wills Revoked
THIRTY-THIRD: Ii any clause,
article or provision of this my will,
or any devise or bequest or disposi-
ton made or intended to be made
thereby, shall be or be adjudged to
be invalid or Intellectual. for any
reason other than the death of
lcgatee, devisee or annuitant before
my death, 7 give, devise and be-
queath all property real or personal
and of every kind and wheresoever
situated so attempted to be devised,
y! a. l.