The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1923-05-10
LARGE ESTATE
GOES TO FAMILY
Will of Late George A.
Yule Leaves Estate Val
ued at S425,OOO.
SON NAMED EXECUTOR
William Head Yule to Receive
Half Of Estate; to Hold
Other Half in Trust.


William Head Yule, of Santa Bar
bara County, Cal, is named as legatee
Of the estate of the late George A.
Yule, formerly president of the Balm
Wagon company and long prominent
in the business life of Kenosha In the
will of Mr.. Yule which was oPeped in
the county court this morning. Under
the provisions Of the will the one son
of the formerly widely known Keno
shan will receive one-half of the es-
tate, with the exception of stock IN
the First National bank, as his abso-
Lutte property forever and the remain
ing half Of the estate and with 1t all
bank stock held by the deceased IS be-
queathed to the son in trust with the
provision that the entire income of
this portion of the estate shall be
paid to the widow, Mrs. Harriet H.
Yule, during the period of her life. At
the death Of Mrs. Yule the will pro-
vides that all the property shall be
turned over to the son.
Estate Valued at $425,O0O.
In the petition for the probate of
the will signed by William Head Yule
the value of the estate is placed at
mot to exceed $425,00O." 1t is stated
that the estate is made up entirely OF
personal property and no mention IS
made of any real estate. No inventory
Of the estate has been filed but it is
understood that Mr.. Yule had large
holdings Of the stock of the Balm
Wagon company and that he was
holder of a considerable sum of the
stock of the First National bank.
The inventory of the estate will be
filed later in the month following the
giving of formal notice of the probate
of the will. Notice of the probate of
the will has not been waived by the
parties interested in the division of
the estate.
Remembers Faithful Servant
While the estate is left almost en-
tirely to the one son and widow OF Mr.
Yule. one provision of the will pro
vides for remembering a faithful
servant. Under it's provision Giuseppe
Migliano, who for many years served
MI. Yule as his valet and nurse, IS
given all of the United States Thrift
Stamps which are part of the es-
, tate. No mention of the amount Of
these holdings is made either in the
will or in the petition for probate.
Under the provision of the will in
which half of the estate is left in
trust with the understanding that the
income of it is to be paid to the widow
the will provides that on the death OF
Mrs. Yule this portion of the estate
shall go to William Head Yule and in
case the son shall die before the death
of the mother this portion of the es-
tate is beuueathed to Mrs. Mary Ray
mond Yule, the wife of William h.
Yule.
Son is Sole Executor.
The will was made in May of 1921
and it provides that William Head
Yule be sole executor Of it and he is
not required to furnish any bonds for
the faithful performance of the duties
imposed in the will.
It is understood that during his lorg
illness Mr.. Yule disposed of some OF
his property, making provisions Tor
friends and relatives by gifts. lie also
gave several sums for the support of
institutions in which he had been in
terested.
Some interest is taken in the dis
position of the holdings of the deceas-
ed in the Balm Wagon company and
other Kenosha institutions but no
statement has been given out as TO
when any announcement will be made
in regard to these holdings.