Evening star., 1935-04-17
CONTROL Of TIMES
KEPTF0R 0CHS KIN
Nephew, Daughter and Son.
in.LaW to Direct Paper
in Future.
sy fhs Associated Press.


NEW YORK. April 1.-THE will
of Adolph S. Ochs, made public last
night. leaves control of the New York
Times to three relatives and directs
that the income from the publishers
residuary estate be divided between
his widow and daughter.
The controlling interest in the news
paper passes to Julius Ochs Adler,
nephew; Mrs. Iphigene Ochs Sulz-
berger, daughter. and Arthur Hays
SulZberger, Son-in-law.
After making numerous outright be-
quests to universities, relatives, en-
ployes and others, mostly of stock in
the New York Times Co.. Mr.. Och.
directed that the income from the
rest of his estate be divided between
Mrs. Sulzberger, his daughter, and
Mrs. Effie Wise Ochs, his widow.
The will, filed for probate in the
WestcheSter County Surrogates Court
at White Plains, made no estimate OF
the value of the estate.
AS executors and trustees, the
nephew, who also receives an indie
terminate legacy of stock, the daughter
and Son-in-laW are empowered to
carry on the publication of the New
York Times without restriction.
Faith in Papers Future.
Mr.. Ochs expressed confidence that
they would, without any recommen-
dations or suggestions from me-" exer-
else their control Ito perpetuate the
New York Times as an institution
charged with high public duty, and
that they will carry forward and
render completely effective my en-
deavor to maintain the New York
Times as an independent newspaper
entirely fearless, free of ulterior in
f1uence, and unselfiShly devoted to the
public welfare without regard to in
dividual advantage or ambition, the
claims of party politics or the voice of
religious or personal prejudice or pre-
dilection."
He expressed the same thought with
respect to the Chattanooga (Tenn. }
Times, which becomes part of his
residuary estate. He said it was his
hope that the Chattanooga Times
which is under the general manager
ship of A. Shelby Ochs, a nephew
would continue to be conducted as
1t has been under my ownership and
control for more than so years"
The will dated January 7, 1885, and
approximately 5000 words long, be-
Queathed 500 shares of New York
Times Co. stock to A. Shelby Ochs.
In his testamentary discussion of
the New York Times, Mr.. Ochs said:
Il trust its editorial pages may con-
tinue to reflect the beSt-informed
thought of the country, honest in
every line, more than fair and courteous
to those who may sincerely differ with
its views.
Continue Present Policy.
II trust its news columns may con-
tinue fairly to present, without rec
Ognizing friend or foe, the news of
the day-'all the news that's fit to
print'-and to present it impartially,
rejecting all shades of opinion.
L trust its business departments
may continue to conform to the high
est standards of business ethics and
that all persons associated or connect
ed with any of the departments of the
New York Times organization may be
treated justly and generously"
Realizing, he said that the news
paper was ''an institution impressed
with a public interest" he expressed
the wish that the voting control, as
represented by 5,o01 shares of the
common stock, be kept intact.
BeQuests of $50 shares of preferred
stock, with a par value of $25,000,
were made to each of the following
institutions: Yale, Columbia. Chatta-
nooga and New York Universities;
Dartmouth College. the Lincoln Me-
mortal University of Cumberland Gap.
Tenn, and the 100 Neediest Cases"
fund of the New York Times, char
ity enterprise
Provision was made that the income
from the trust fund to be created from