Ancient, Curious, and Famous WillsHarris, Virgil M. (Virgil McClure)
History
Ancient, Curious, and Famous Wills
Harris, Virgil M. (Virgil McClure)
Wills
A certain gentleman of New York named Marshall had acquired a large
fortune in the manufacture of cotton goods. The Lord had smiled upon
him, and his wealth consequently loomed up in large proportions. He was
justly proud of his material success, and, being childless and without
kin on this side of the ocean, he resolved to perpetuate his name and
commemorate that liberality towards charitable and religious objects,
for which he had always been remarkable. His plan was to have his
executors carry on his manufacturing business for the benefit of
religious and charitable corporations. He left his manufacturing
establishment to his executors in trust to carry on the same and divide
the profits in certain proportions between the American Tract Society,
the American Home Missionary Society and the American Bible Society, and
the Marshall Infirmary, the latter being a hospital which he had
founded. The court held, however, that there was a perpetuity involved,
and directed that the estate be divided between the next of kin. The
court held that the business of such religious societies was the
printing of tracts and Bibles, and not the manufacture of cotton cloths.
It took eight years and cost $50,000 to establish the legal meaning of
the will, which was a very different meaning from that which the
testator intended.
WISE WILL OF PETER BURNS
For years to come some families of Clay County, Missouri, will have
occasion to remember with gratitude the wise philanthropy of a sturdy
pioneer, Peter B. Burns of Liberty, who died in July, 1910; the terms of
his will have just been made public. On the death of the widow half the
estate, which is valued at more than $40,000, is to go to Clay County to
be administered by the County Court in loans, which are not to exceed
$2000 to a single individual and to bear two per cent interest; are to
be secured by a mortgage on the real estate; and are to be paid off at
the rate of at least $100 a year. Thus ten families at a time will
constantly be given a lift toward financial independence.
The plan is based on the sensible principle of helping men to help
themselves. As the help is in the shape of a loan, to be repaid, it will
pauperize no one. It will go to families of small means, and it will
provide an incentive to people to save enough to take advantage of the
assistance offered.
NO STUDY BEFORE BREAKFAST
Countess Anna Maria Helena de Nouilles, a member of one of the historic
families of France, has made a curious will which was proved in July,
1910.
She left her estate at Meads, Eastbourne, England, to found “St. Mary’s
Orphanage,” laying down the following rules for the education of the
girls:
Public-domain text, read in full here on John Shaqi.
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