New-York tribune., 1922-10-31
!$s25,O0O,OO0 Is
Divided by Will
OF CugEsgsenllei1n g q
Widow Gets Homes and Col
lection of Paintings That
Eventually Are 10 Go
TO Metropolitan Museum
No Requests TO Charity
Provisions Made for Daugh-
ters, Grandson and Grand.
daughters to Share Estate

----------------~----.
The will Of Isaac Guggenheim, dis
posing of an estate which has been
estimated at s26,0oo,oo0, was filed for
probate yesterday in Mineola, l.. |.
Although it contains no bequests to
charities, it is provided that the testa-
tors collection of paintings is to go
eventually to the Metropolitan Museum.
of Art. Mr.. Guggenheim's widow has
interests in the estate aggregating
more than 100000.
Mr.. Guggenheim disd in southamp-
ton, England, October 10. He was
eldest of the seven sons Of Meyer
Guggenheim, who established the ex-
tensive smelling and refining plants
and obtained control Of the mining
properties which make up the vast
holdings of the family to-day.
The will was executed April %, 1922.
The estate is divided among members
of the testator's family with an exact
ness Of apporti ionment which gives
evidence of long thought. The nominal
estimate of the estate given in the
petition for probate sets forth merely
that the value of the real property Is
more than 100000 and the value Of
the personal property more than ST.
100000.
Residanry Estate to Widow
Mrs. Carrie Guggenheim, the widow,
receives the residuary estate in trust
with the assurance of an income from
it OF $190,000 year. The city home
OF Mr.. Guggenheim at 152 East Fifty
fifth Street, with its furniture, auto
mobiles and all other property pertain
ing to it, also is to go to the widow.
She also has the use of the Guggen-
helm home at Sands Point, J.. l., as
long as she may wish to stay there.
Included among the bequests to Mrs.
Guggenheim is the testator's collection
Of paintings, concerning which this
stipulation is made in the will:
with respect to the paintings and
pictures herein bequeathed to my said
wife, my will is that after her death
Cor after MY death should my wife
predecease me), the officials Of the
Metropolitan Museum of Art shall be
allowed to select such or all Of the
same as they may desire for hanging
in the said museum, marked rs gift
from me, and any paintings so selected
give anu USQuedtH W LHe NcttopOil-
tan Museum Of Art"
rovides for Grandson
Two-thirds of each class Of stock in
the Caracoles Tin Company of Bolivia
is left in trust for Isaac Guggenheim
Cd, grandson. The trustees are to
nav him $4,000 a year until he is
twenty-one years old; $4,000 year
for the next four years; $4,000 year
| between the ages Of twenty-five and
thirty, and $4,000 year until he is
thirtv-fve, when the stock Is to be
made over to him. 1t is provided that
if he marries between the ages of
twenty-one and twenty-five he is to
receive an income Of $4,000 i'm
mediately.
The residuary estate, on the death
of Mrs, Guggenheim, is to go to her
three daughters, Beulah Y. Spigelberg
and Helene G. Glorney, OF London. The
share of each is to 60 to her children
on her death.
If the annual income from the trust
fund set aside for Isaac Guggenheim
I'd exceeds the amount to be paid to
him by the trustees, the excess Is to
be divided equally among the other
grandchildren, including those born
after the death of the tcstator. In
| case Isaac Guggenhem I'd dies before
obtaining possession of the principal, it
is to be paid in equal shares to his
children. If he has no children one
third is to 60 to his widow and the
rest to the other grandchildren. II he
leaves no widow the other grandchil-
dren are to share equally in the entire
amount.
Other Bequcsts
nlL.u Lau,,a.+z x,zora O,.,o,l Yo,u,
theatrical man, who is the son of a sis
Rochelle, $4,000; Morton Sonneborn,
brother-in-law, Los Angeles, life es-
tate in $4,000; Mrs. Esther Silber, 1876
West Seventy Street, Manhat-
tan, income from $4,000; Mrs. Sallie
Sessel, $40 West Ninety-ffth Street,
income from $4,000; Audrey Barbara
Josephthal Hotel Plaza, grandchiid,
income from 100000 and the princi-
pal; Gilmore Clare Josephthal, and
Carol L. Glorney, both Hotel Plaza,
grandchildren, income from 100000
and principal at thirty years of age.
As each granddaughter attains the
age of twenty-one. or when she mar
ries, she is to receive the accumula-
.tion from her principal, which is to
be paid to her until she is thirty years
old, when she is to receive the prin-
cipal outright. One granddaughter,
in the will, does not share in the
estate because of gift, of equal value
to the bequests received by the other
granddaughters, which the testator
made to her at the time Of her mar
riage.
Mrs. Guggenheim and her husbands
four brothers, Daniel, Morris, Solomon