New Britain herald., 1923-01-25
One Third Of Interest to
be Given to Widow and
Two-Thirds to Testa-
tors Children
New Britain Trust Co.
Named as Trustee-Will
Drawn by Hotel Man on
June %, 1914.

Copies Of the will OF the late Pat
rick y. Mcmahon were given out this
afternoon by the New Britain Trust
company. whom the deceased theater
and hotel magnate had named as his
executor. Perusal OF the document
shows that the entire estate Is left
In trust for the widow and children
OF the testator. 1t being provided that
the widow shall receive one-third of
the income and the remaining two
thirds shall be divided among the
children, under certain restrictions.
In the will there are no bequests
to charities. churches or civic funds.
The will was drawn June 2S. 1914,
as follows:
Know all men by these presents
that !, Patrick s. Mcmahon of the
town of New Britain, county of Hart
ford and state of Connecticut, being
of lawful age, of sound and disposing
mind, memory and judgment, do
hereby make, publish and declare the
following to bo my last will and tSS-
lament hereby revoking all previous
wills and codicils by me made.
/. / direct the payment of my just
debts including such part of my mort
gage Indebtedness as my executor may
be forced to pay and such part of my
mortgage Indebtedness as my executor
may in it's discretion deem advisable
to pay to protect the interests of the
trust hereinafter created.
1 give, devise and bequeath all my
h~f
wherever the same is situated and in
the same may consist to
the New Britain Trust company, a
chartered by the legisla-
ture of Connecticut and located in
New Britain. Hartford county. Conn
ecticut, in trust. however, for the fol-
lowing uses and purposes:
To hold, invest and reinvest the
same, collect the Income. with full
power and authority without order of
the Probate court to sell, mortgage,
lease, convey, invest and reinvest the
same both principal and income in
whole or in part. and to dispose of
the principal and income thereof as
'olows:
To pay one-third of the income of
LII my said estate as and when the
same accrues to my wife during her
ife.
To divide the balance of the income
Is it accrues (including the whole in
come at the death of my wife) into
as many equal shares as l have chill
iren living at the time of my decease;
10 keep separate accounts of income
FOR each such child and to credit to
The account of each child his or her
BRO rata share of such income as and
when the same accrues. While any
such child is a minor under the age
,f twenty-one years then said frus-
zee shall pay to or for the benefit of
,uch minor child such part of the in
,ome credited to the account of such
,hild as in the opinion and discretion
If said trustee may be deemed neces-
ary and advisable for the comfort
lble support, maintenance and educa-
ion of such child during said minor
ty and said trustee shall add the un-
expended balance of income, If any,
O the credit of such child. Said un-
xpended balance of income is to be
.fterwards treated as principal as
stated and is hereinafter
allied separate and accrued prin-
ipal accrued"
AS and when each child arrives at
he age of twenty-one years. said
rustee shall pay to each child so ar
living at his or her majority such
art of the share of such child OF
tContinued on Eleventh Page.) le