Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-12-31
Munsey Millions
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terests and other properties into
cash or securities.
Mr.. Munsey never married. His
nearest kin, sister, Mrs. John NJ.
Hyde of Lewiston, Me-. and her
children were bequeathed 5000
shares of the stock of the Munsey
Trust Company of Washington, D.
c., and cash requests of s550,O00
were made to relations. friends and
business associates.
Bowdoin college receives $250,000;
the Maine State Hospital of Portland
100000 and the Central Maine Gen
cral hospital at Lewiston, $4,000.
The value of the estate was not
indicated in the document, which
was executed nearly 5 years ago,
but friends recently estimated it at
5000. 900.
William T. Dewart, one of Mr..
Munsey's closest associates, who
das recently elected president of
the various Munsey corporations,
issued statement saving there
was no plan looking to sudden sale
of the properties or change in their
policy. He also disclosed that had
Mr.. Munsey lived. his large and
profitable businesses would have
been mutualized, or partially so.
This intention" he said. "Mr.
Muhsey expressed to me with great
earnestness only a few weeks be-
fore he was :tricken."
But now that Mr.. Munsey has
gone from US his written testament
must be our chart and guide, but
under it's broad. discretionary pro-
visions, the trustees will do what is
legally permissible to carry out Mr.
Munsey's known desires"
Mr.. Dewart said that within the
next five years, by combination
of policies now familiar and firmly
established, the value of these pro-
pertiees should be still further en-
HANGED"
Speaking of the various requests
Mr.. Dewart said Generous and
thoughtful as they are. the aggre-
| gate of Mr.. Munsey's specific be-
| quests constitutes only a small frac-
| ton of the total estate The ample
residue is to go where hundreds OF
| thousands of the citizens of New
York would wish it to go, to the
| Metropolitan Museum of Art, tC
serve the ends of education. en-
| lightenment and culture for the
countless generations of all time tc
come"
| The executors and trustees named
are Mr.. Dewart; Richard Fl. Tither-
| ington. a business associate of MIR
Munsey for many years, and the
+, Guaranty Trust Company of New
York.
The will provides that Mr.. Num-
sey shall be buried at Lisbon Falls
| Me-. where his father and mother
| are buried.
All of his picures. jewelry, furni-
ture, personal and household effects
go to his sister, Mrs. Hyde.
Mrs. Hyde's children, Mrs. John
| +. Mcknight and Fred G. Hyde
will share 5000 shares of the Mum
| sey Trust Company of Washington
1t was provided that in case of Mrs
! MacNaught's death. her shares
should go to her children. Mrs. Maud
| MacNaght Small. Mrs. Mildred Mac
| Naught Mansfield. Miss Emma G..
MacNaught. Harold NJ. MacNaught
1. IL,
| erick Earl MacNaught.
Among the specific bequests were:
Jean Rushmore Patterson. wife OF
| Captain Charles H. Patterson. s25,-
900; Sophie Meldric Coy, former
i wife of E. III. Coy, Yale football
star, $4,000: Mrs Abbie Hopkins
widow of Samuel r. Hopkins of
Portland. Me-, $4,000; to each OF
the three daughters of Abbie and
Samuel r. Hopkins, 100000; and to
each of their two sons. $4,000;
Julia A. Plummer, formerly the
wife of James H. Plummer. $4,000.
To his cousin, John A. Hopkins of
Dodge. Mass, $4,000; Mrs. r. E.
Wallace, formerly Miss Grace
Spinney of Bath. Me-. $4,000: to
each of the tdo daughters of Ida F.
Newell of Lewiston. Me-. $4,000;
Mrs. Louis Hopkinson, $4,000.
Other requests included:
Abbie c. Hyde of Livermore
Falls, Me-. 1000; Mildred j.. Saw
telle, formerly Mildred l.. Tibbetts.
of Livermore Falls, Ne, $4,000;
Mary Wheeler Dewart. wife of Will
liam T. Dewart, $4,000; Mrs. James
H. Lockhart, of Jersey City, N. j.,
$4,000; Williaf T. Dewart, $4,000;
Richard H. Tithington, $4,000;
Fred A. Walker, general manager of
the Evening Telegram of New
York, $4,000; F. B. Walker. man.
ager of the Mohican Hotel of New
London. Conn, $4,000.
Annuities were bequeathed to:
Ida F. Newell, wife of w. H.
Newell of Lewiston. Me-, $4,000.
Mrs. Hart E. Pryor, formerly An
ME Downs. who formerly resided in
Gardiner, Me-. $4,000.
Mrs, Sherburne, daughter of the
late Abel and Lucy Young of
Smithfield, Me-, $1,000.
George Doyle of Lewiston, Me-,
$500.
d. 0. S. Lowell of Roxbury, Mass,
$4,000.