The evening Caledonian. [volume] (St. Johnsbury, Vt.) 1918-1920, 1920-04-26
Vail Gives Over
S2,OOO,000 In Requests
Continued from page one)

Der of years they have been in M
Wallis employ.
All of the real estate at or nea
Parsippany, N. j., not given to hi
adopted daughter is hequeathed to tn
Presbyterian church in Parsippany il
trust, on condition that the churcl
building and the RICHTER house OF
said land shall be maintained in GOO
order. A fund of 100000 is left t.
maintain the RICHTER house, tn,
grounds surrounding the church anC
the land.
The palatial house recently bull;
by Mr.. Vail at Morristown, n. j., is
to be hereafter known rs tho Vail
home to be occupied and used by
some society already organized or 10
be organized where shall be maintain
ed course Of lectures, musicales
and other functions of amusement
and education that shall be free to
the public on certain day or days at
least 30 weeks in the year. A sum
not to exceed 100000 is left in trust
to maintain this property provided
that there is raised in Molristown an
equal amount to maintain and carry
on such museum or society house
for the education, improvement and
benefit of the public. A large col
lection of personal property, includ-
ing paintings, antiques, books, etc,
90 with this gift.
The bequest to Lyndon Institute is
the 18th article in the will and is as
follows:
"All of my real estate in the county
OF Caledonia and state of Vermont
wherever situated, give and devise
to the Lyndon Literary and Biblical
Institution, absolutely and forever.
give my trustees hereinafter named
such of the following securities as |
shall own at the time of my death:
All of my stock in the Lyndonville
Bank, and all of my stock in the Lyn-
donville Creamery Association. in
trust, however, for the benefit of the
SAID Lyndon Literary and Biblical In
sututlon: and | direct that the in
come from said securities and proD-
elty, or if sold, the proceeds thereof,
shall be paid over to the trustees Of
said institution to be devoted bv
them IN such manner as shall be APP
proved by my said trustees to the de-
velopment Of said Institution as
training school for girls in such do
nestle science, home economies and
manual training as are particularly
adapted to the requirements of rural
conditions and farm life, provided and
so long as in the opinion of the tlus-
tees of the said Institution it is to the
advantage OF said Institution to be
used by the town of Lyndon as its
high school, and the said town may
and shall continue such use. In the ev-
ent that the present town of Lyndon
or any part thereof shall without the
consent Of the trustees of said Insti-
tuition discontinue the use thereof as
a high school, all of said fund, and
also all of said securities remaining
in the hands of my said trustees,
shall become part of my residuary
estate, to be disposed of under the
article.
The following educational institu- !
tons share in the will:
Harvard University, $4,000.
Massachusetts Institute of Tech +,
nology, $4,000
Dartmouth College, 100000.
Princeton University, 100000.
Middlebury College, $4,000.
Phillips Exeter Academy, $4,000.
In the residue of the estate Har- |
ward, Dartmouth, Princeton, Phillips
Exeter Academy and the Lyndon In /
Stltute share equally in a sum which |
may amount to 100000.
The executors and trustees named
in the will are Mrs. Kate Vail Mar I
5ters and her husband of Morristown
and the Guaranty Trust Company of .
New York City.
Those in Lyndonville most familiar
with Mr.. Walls affairs estimate that |
the total valuation of the estate &ll .
not exceed $3,000,000.