Nogales international., 1930-07-01
GEBLER'S WILL THAT GIVES
BUILDING TO CITY CHARITY

The following excepts are taken from the
last will of Theodore Gebler which provided for
tbs erection Of the Gebler building:
Il hereby direct my executors hereinafter
named, Immediately after my death, to take pos
session of all my property Of every kind and de-
scr1ptlon, real, personal and Mixed of which [
may be possessed at the time of my DEATH incud-
ing my Liberty Bonds, Nogales Building & Loan
stock, First National Bank stock, Phoenix Life
Insurance stock, promisory notes and mortgages,
real estate and cash. They shall collect the notes
and mortgages when due, shall sell the lot stu
ated on West street in the city of Nogales, being
Lot in Block Is, and shall convert the bonds and
stock into cash whenever in their Judgment it is
advisable and good business shall dictate With
the money which shall thus come into their hands,
they shall cause to be erected and constructed on
Lots and in Block II in the City of Nogales,
business block not less than two stories high to
cost not less than $4000000, to be known as and
called the Theodore Gebler Block
I'm carrying out the provisions of this clause
my executors shall be governed by their own best
Judgment, having regard for financial conditions
then existing and the opportuneness of the time
Such building may be erected at any time after
the final distribution Of my estate. hereby direct
that my said executors In carrying out the pro-
Visions of this clause shall proceed as follows:
After having collected and turned into cash
the property herenabove directed to be sold, and
alter having paid and discharged the beQuests
hereinbefore provided for, the money then remain
ing IN their hands, they shall invest in good Sc
curlties On short time, Or may deposit it in the
First National Bank Of Nogales on time deposit
until such time there shall be sufficient in their
hands to carry out the provisions of this will, or
until such time as in their judgment they should
eXpend it in carrying out said provisions in the
erection and construction of the building for
which provision has been made as hereinabove
directed
"After final distribution of my estate and
after the payment Of all bequests and legacies
and after the erection and construction of
the building, all as herein provided, hereby give
IN trust to my said executors, Bracey Curtis dur
Ing his life time and the First National Bank of
Nogales, and it's successor in peEpetuity any mon
ey then remaining in the hands Of my said ex-
ecutors and any money which may thereafter as
income from said building or otherwise come in
TO their hands as such executors, over and above
the necessary ordinary expenses and upkeep of
building and property, to be held in trust AND
EXPENDED BY THEM FOR CHARITY AND
CHARITABLE PURPOSES AS IN THEIR
JUDGMENT MAY BE BEST. And | hereby an
point the said Bracey Curtis during his life time
and the First National Bank of Nogales and it's
successor, trustees for that purpose also ap-
point the said Bracey Curtis during his life time
and the First National Bank of Nogales, trust
ees to have charge of and look after said building
They shall attend to the leasing Of said BUILDING.
collect rents, pay all taxes, insurance and other
necessary expenses and shall distribute and ex-
pend the net proceeds derived from said opera
tions FOR CHARITABLE PURPOSES as in this
clause directed"
The will, which was written and signed bv
Theodore Gebler on June 2, 1926 and filed Sep