New-York tribune., 1920-08-28

2 Sons His
Chief Heirs
Duke of Marlborough Is
Prevented From Shar-
ing Income of $2,5OO,.
600 Left to Duchess
Fund Investments
Named i'm Will
Executors Told to Buy
New York Central, U.S.,
State and City Bonds

State and City Bonds
A synopsis of the will of William X
Vanderbilt, which will be filed for pro-
bate in few days in Suffolk County
was made public last evening by the
, law firm Of Anderson l. Anderson. The
financier and sportsman, who died July
22 in Paris, had his legal residence in
Oakdale, Suffolk County.
No estimate was given as q the
value of the estate, Of which the
residue is left in equal parts to Mr..
Vanderbilt's sons, William X. Wander
bilt and Harold S. Vanderbilt. They
are named as executors also.
The will was executed March ID, 1919.
In it Mr.. Vanderbilt made the request
that his executors invest the funds of
the estate in securities of the New
York Central Railroad Company and its
subsidiaries, in which he was a di-
rector, in mortgage bonds and bonds of
the United States government. State of
New York and City of New York.
Provision Made for Widow
The will shows that Mr.. Vanderbilt
made provision for his widow in his
lifetime which does not figure in the
document. To Mrs. Vanderbilt WAS left
in the will his house at 10 and II Rue
Leroux, Paris, and its contents. abso-
lutely, and his chateau, adjoining farm
and two other farms in Calvados. Nor
mandy, France, for her life use.
Consuelo, Duchess Of Marlborough.
daughter of Mr.. Vanderbilt, receives
the chateau and three farms, subject
to the life estate of Mrs. Vanderbilt.
10 carry out provision of the set
tlement made on the marriage of his
daughter to the Duke of Marlborough
mr.. Vanderbilt bequeaths to the trus-
tees under the settlement $4,000 900,
with interest at per cent from the
date of the testator's death. Mr.. Van
derbilt also provided for his daughter
a life income from trust of 81. .5O0.-
ooo, the sons to act as trustees of this
fund. Under the terms of this trust
the principal cannot by ary chance
fall into the hands of the Duke If
Marlborough, although the will does
not indicate that this was the purpose
of the testator.
1t is provided that the Duchess of
Marlborough shall have the power to
ciaries of this $2,50o,Ooo trust fund
when she dies. In default Of such an- d.
polntment, Mr.. Vanderbilt provided.
the children of his daughter shall re-
celye the fund in equal parts. The
duchess has two sons, the Marouis of
Blandford and Lord Ivor Churchill
who receive $1,000.00o each from their
grandfather.
Racing Stable To Be Sold
The famous racing stable of Mr..
vanderbilt is to be sold as soon as the
executors find it convenient to do 40.
as are also the properties known as
La Chaumiere, at Deauville. and the
estate at Poissy, Seine-et- Disc, France.
Inc ne proceeds from the sale of all these
Will become part of the residue.
William K Vanderbilt. the son, re-
celves ms fathers interest in certain
testator and by the trustees Of the M
estate of Alfred G. Vanderbilt. The
Uakdaie property, known as Idle
Hour, goes to Harold S. Vanderbilt
Margaret Rutherford Mills and Bar.
bara Rutherford Hatch, daughters of
MRS. Vanderbilt. receive 100000 each.
mr.. vanderbilt made no bequests to
Consmelo or Muriel, daughters Of his
son William X. Vanderbilt, saving he
believed their father would be better
able to determine what provision
should be made for them. William K.
Vanderbilt Sd, grandson of the dece-
dent, is the beneficiary of $1,000 900
trust fund
Mr.. Vanderbilt made three public be-
guests. One of these is $3.50 900 to the
Vanderbilt University, at Nashville,
Tenn; another is $4,000 to St. Mark s
Church. at Islip, Long Island, and the
third, several portraits and other
works of art to the Metropolitan Mu-
scum of Art. These objects of art are
PORTRAIT of Mrs. Elliott" by Gains
borough; Portrait of Old Man in Jew
eled Turban," by Rembrandt; :.Portrait
Of Colonel Coussmaker," by Sir Joshua
Reynolds; Portrait Of Lady Guild
ford" by Holbein; LA Toilette de
Venus" by Boucher; "Danae," by
'Greuze; two Louis XIV cabinet bronze 8
by Couthure, from the Hamilton Pal
ace sale. "Court Yard Scene" by de
Hooge; marine, by Van der Velde:
landscape by Cuyp and "Oeufs Cas-
sees" by Greuze.
Personal Property Clause
In disposing of his property on
Wheatland Avenue. Newport, R. l., and
his personal property in Marble House,
Continued on page sevsn)