New-York tribune., 1921-12-04

expenses, to pay the net income there
OF TO Caroline Cortis, during her life,
snd upon her death to pay the net in.
come to Charles Ernest Cortis, and
and deliver the principal Of said fund
to my children, Kingdom Gould, Jay
Gould, Marjorie Gwynne Gould Drexel,
Vivicn Gould Decies, George j. Gould
jr. Edith Gould Wainwright and Gloria
Gould, or If any Of them be then not
living TO the issue of any deceased
child, per stripes, and not per capita,
absolutely free from any trust.
twelfth direct my trustee to set
aside sufficient sum out of my estate
to pay to my uncle, Vaughan Carter,
payable from the date of my death in
monthly installments, and upon his
death to pay over and deliver the prin-
cipal of said fund to my children, or
if any of them be then not living to
the issue Of any deceased child, per
stripes and not per capita, absolutely
free from any trust.
"Thirteenth-All the rest, residue
and remainder Of my estate, real, per-
sonal and mixed, of which shall die
seized or possessed, or to which I shall
be entitled at the time of my death, I
give, devise and bequeath unto my
trustee hereinafter named, in trust, for
tho uses and purposes following:
"(A) To hold, sell, convey or dispose
OF the same at public or private sale at
such time or times and on such terms
as to my trustee shall seem best.
"(B) To divide the principal thereof
into separate shares for the benefit Of
my children, or if any of them be not
then living, then for the issue Of any
deceased child, per stripes, and not per
capita, to hold each of such shares for
the benefit Of such child thereunto en-
titled and to pay the income thereof to
such child for life, and upon his or her
death to transfer and pay over the
principal absolutely to his or her issue
appoint in and by last will and testa-
ment, and failing such testamentary
disposition, then to such issue abso-
lutely in equal shares, per stripes, and
not per capita. and failing such issue,
then to my lineal descendants, per
sSirpes and not per capita.
"Fourteenth--I nominate, constitute
and appoint my beloved husband,
George J. Gould, to be the guardian of
the person and property of my daugh-
ter. Gloria Gould, during her infancy,
and direct that no bond or other secur-
ity be required of him for the faithful
dian.
''Fifteenth-1 nominate. constitute
and appoint my beloved husband,
George J. Gould; my son, Jay Gould,
and my friend, Charles Prentice Noyes,
to be the executors of this, my will, and
direct that no bond or other security
be required Of any Of them for the
faithful performance Of their duties as
such executors. / give and grant unto
my said executors full power and au-
thority to sell at their discretion as to
time and terms, and to convey any or
all of my real estate and any or all of
my personal property, not bequeathed,
for cash or upon credit at public or
private sale, and, until sold, I empower
them to lease the real estate for suci,
time and upon such terms as they NAV
think proper and to collect the rents
and income arising therefrom and gem
orally to manage the same as they may
think best
II further authorize my trustee to
invest any and all funds that NAV come
into its custody hereunder in such Sc
curities as are authorized either by the
laws OF New Jersey or of the State Of
New York as legal investments for
trustees.
I'm witness whereof l have set nv
hand and seal this Both day Of July,
1920, and have written my name in the
margin of each Of the six succeeding
pages"
Then follow the names ofsthe sub
scribing witnesses: Almora Meiklejohn.
400 West 153d Street; Sinclaire How
ard Armstrong, so East Sixty-frst
Street; Otto A. Hack, Harbor Lane,
New Rochelle.