The New York herald., 1922-02-02
HEPBURN LEFT FIFTH
OF ESTATE TO PUBLIC
Five Colleges and Ogdens-
burg Hospital Among
Beneficiaries.
ESTATE is $5,000,000
Widow Receives $500, 900
Outright and the Coun-
try Home.
Rt,200,OO0 TRUST FUND
Daughters and Children of
Son Will Divide the
Income.
y R1,2OO,OOO TRUST FUND

Alonzof Barton Hepburn. banker
who died last Saturday as the re-
suit of being struck by an automobile
gave approximately one-fifth of an
estate estimated at $5,000.000 to in
stitutions OF learning and mercy, ac-
cording to his will, read in the Sur
Togates' Court yesterday.
I Principal features OF the document
are n trust clause providing that his
two daughters and the children of his
son shall divide the income and finally
the principal of 81 100000 and resid-
nary clause which arranges that they
and his wife and son and st. Lawrence
and Columbia universities, and Middle
bury College shall divide the residuary
estate In proportions according to spe-
cific bequests which are left to each
of them earlier in the document. Both
these clauses occur in a codicil fevok-
ing amounts bequeathed in the main
body of the will and substituting
larger amounts.
Expressly s40o, 900 is left to Mrs. Hep
burn, along with all the furnishings and
appurtenances of the family homes in
the city and country and the country
home itself, Altnacraig, at Ridgefield,
Conn. To each of the testator's
daughters. Mrs. Robert r. M. Emmet
and Miss Cordelia Hepburn, is be-
Queathed 100000 and to his son.
Charles Fisher Hepburn. is left $4,000
The will explains the difference In
amount is due to advances and payments
made to the son in his fathers lifetime.
A last codicil revokes bequests of
800, 900 each to Williams and Wellesley
colleges and explains that shares of bank
stock equivalent to intended bequests
already have been given to them. In d.
rect requests in the body of the will
s15O.o0 is left to Columbia University.
St Lawrence gets 100000, and to Mid
dlebury, the residuary estate. Originally
also 100000 was left to the A Barton
Hepburn Hospital in Ogdensburg. N. Y
in the first codicl the bequests to the
universities and college are doubled and
that to the hospital enlarged to $3.50. 900,
but the hospital does not share in the
residuary estate.
In the unamended will also all be-
quests to colleges and universities were
with the proviso they should invest the
money given to them and use the in
come to support chairs of history or
economics. In the codicil increasing the
amounts OF money given TO them they
are left to use bequests as they please.
In the first bequest to Middlebury Is
bequeathed the residuary estate for the
purposes of a college for women 20 be
itself. but Gin entire harmony and CO.
operation" with it. The will does not
disclose why Mr.. Hepburn changed his
mind.
No petition was filed with the will
end the amount of the estate is not dis
closed either in the will or any document
accompanying II. 1t was stated, how
ever. that $5.Ooo,oo0 was near the
amount.
The bequest of 100000 to Mrs. Hep
burn and the devise of the country house
10 her specify they are made In lieu of
dover, and another clause specifies that
if any one contests the will he or she
shall pay the charges and not the estate.
Mr.. Heptnrn's brothers are provided for
by bequests OF $25,000 to the one who
ia living and 10 the heirs Of the other.
His sister is granted an annuity of $500
n year and his nephews and nieces get
$4,000 each.