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Opens With a Declaration
of Faith In Redemption
Through Blood of Christ.
REMARKABLE OPENING DEC-
LARATION OF J. P. MOR
The first section of Mr. Mor
gan's will revealed to the public
a side of his character which has
not been generally realized, ex
cept by intimate friends, who
knew him to be an intensely re
"I commit my soul," he wrote,
"into the hands of my Saviour
in full confidence that, having
redeemed it and washed it in
his most precious blood, he will
present it faultless before the
throne of my Heavenly Father,
and I entreat my children to
maintain and defend, at all haz
ard and at any cost of personal
sacrifice, the blessed doctrine of 4*
the complete atonement for sin 2
through the blood of Jesus 4*
Christ, once offered, and through
E will of the late J. P. Mor
gan, which recently was filed
probate in New York, is
a remarkable and interesting
document in several respects. It be
gins with a declaration of the great
financier's faith in redemption through
Christ, revealing a side of his nature
known to none but his intimate friends.
By verbal short cuts it makes be
quests amounting to millions, and yet
it in no Avay hints at an answer to the
question so frequently asked, "What
was the extent of the Morgan for-
The will was made Jan. 4, 1913. A
codicil of no great significance was
added Jan. G. The following day Mr.
Morgan sailed for Europe, never to re
In providing methodicallyand lav
ishlyfor his wife, his children, rela
tives, friends, clerks and servants Mr.
Morgan wove into the will his inten
tion that the Morgan money mantle
should descend upon his son, J. P. Mor
gan, Jr., and then on his grandson.
Junius Spencer Morgan. Jr.
Art Works to Son.
The wonderful Morgan collections
of art treasures, paintings, potteries
and sculptures are bequeathed to the
son. But. though the bequest is ab
solute, so far as the legatee's right to
retain the collection is concerned, the
wish is expressed that the new head
of the house of Morgan make the same
public disposition as his father had
he lived to carry through his plans
So also the charitable as well as the
artistic :uid financial interests of his
father is Morgan, Jr., the chief
The executors and trustees of the
estate are J. P. Morgan. Jr.. William
Pierson Hamilton and Herbert L. Sat
terlee, Mr Morgan's son-in-law. and
Lewis Cass Ledyard.
The disposition of the vast Morgan
fortune can be summed up briefly as
follows, the order in which the names
and bequests appear being the same
as that of the will:
Mrs Franc Louise Tracy Morgan, the
widowA trust fund of $1,000,000. to be dis
posed of at hei death as she dictates and
an additional income of at least $100,000
and the use of Cragston, the country place,
and the town house, 219 Madison avenue,
John Pierpont Morgan, Jr., son$3,000,-
000 outright, the residuary estate, the great
art collections and the library.
Mrs Louisa Satterlee and Mrs Juliet
Hamilton, daughtersIncome for life from
trust funds of $3,000,000 each.
Miss Annie Tracy Morgan, daughter
Income from trust fund of $3,000,000, a
third of which she may beaueat to hus
band if she marries and he survives her.
William Pierson Hamilton and Herbert
Livingston Satterlee, sons-in-law and
partners$1,000,000 each outright.
Mrs. Jenny Bigelow Tracy, widow of
Mr. Morgan's brother-in-lawIncome for
life on $1,000,000, capital to go to her heirs.
Clara Tracy Hoppm and Julia N Brown,
sisters-in-lawIncome from trust fund of
$100,000 each, capital to heirs
Mrs. Lucy Eldredge Lee and Mrs. Ethel
Bangs Wallace, old family friendsIn
come for life from trust funds of $100,000
Florence Rhett, for many years a
member of the Morgan householdAnnual
Income of $10 000 for life
Mrs. Mary M'llvane of LondonAn
nual income of $25,000 for life.
J. Beavor-Webb$250,000 outright.
Dr. James W. Markoe. family physician
125,000 a year for life, to be paid after
his death to wife
Bequests to Employees.
Bella De Costa Green, librarian$50,000
Ada Thurston, assistant librarian$10,-
Captain W. B. Porter, commander of
the Corsair$15,000 outright.
Charles W. King, secretary$25,000 out
Employees of the firm of J. P. Morgan
& Co., New York, and those employed by
J. S. Morgan & Co. of London when that
firm was dissolved One year's salary
Edward Phillips, valet$15,000 outright.
Servants employed in various households
for five years$1,000 each
For the support of the ministry of St.
George's church. New YorkTrust fund
For the establishment and support of
Mr. Morgan's charities are hidden un
der a blanket instruction to the trustees
and executors to "continue payments
which I have been in the habit of mak-
\*4Nv r.. ,yu\i \^^k,h,iS. ^"''HitJrliy
USUA IN iBANY RESPECTS
Relatives. Friends and Em
ployees Provided For Me
thodically and Lavishly.
TMU- y- -fr -^fc tfl) )T| A A A A A A A A A A A A. A
mg regularly to any person or persons for
their aid or support.'
It had been predicted the public
charitable bequests would be small,
and the prediction proves true. Mr.
Morgan merely requested that his son
continueto quote one instance, which
is typical"so long as in his judgment
the same shall be necessary for its
support, the same assistance which I
have been in the habit of giving dur
ing my lifetime to the Society of the
Lying In Hospital of the City of New
The annual gift to which Mr. Mor
gan referred is known to have been
Mr. Morgan's widow already is en
titled to the income from a trust fund
created by Mr. Morgan's father, Ju
nius Spencer Morgan, in 1867, and the
will provides that she receive for life
the income of an annuity trust fund,
so that her total annuity shall be
This provision is in addition to a
$1,000,000 fund, the income of which
she will enjoy during her lifetime and
the principal of which she may dispose
of as she sees fit by will.
Thought of Public.
The specific language of the will re
garding the disposition of the great art
collection is as follows:
"Article 32.I have been greatly in
terested for many years in gathering
my collections of paintings, miniatures,
porcelains and other works of art, and
it has been my desire and intention to
make some suitable disposition of
them or of such portions of them as I
might determine which would render
them permanently available for the in
struction and pleasure of the Ameri
can people Lack of the necessary
time to devote to it has as yet pre
vented my carrying this purpose into
"Unless I shall accomplish it or
make some disposition of these collec
tions in my lifetime they will pass to
my son, John Pierpont Morgan, Jr..
or to his son, Junius Spencer Morgan,
Jr., under the foregoing clauses of
this will whereby I dispose of my re
"Should either my said son or my
said grandson thus succeed to the own
ership of these collections hope he
will be able in such manner as he shall
think best to make a permanent dispo
sition or from time to time permanent
dispositions of them or of such portions
of them as he may determine, which
will be a substantial carrying out of
the intentions which I have thus cher
ished It would be agreeable to me to
have *the Morgan memorial,' which
forms a portion of the property of the
Wadsworth athenaeum at Hartford.
Conn., utilized to effectuate a part of
"I do not. however, by the expression
of these wishes intend to impose upon
my said son or my said grandson any
duty or obligation, legal or moral, nor
to qualify in any manner or in any de
gree his absolute and unqualified own
ership of said collections should they
pass to him under this will."
Sisters Get Nothing.
Some astonishment was expressed
when it was learned that Mr. Morgan
bequeathed nothing to his sisters. That
feature is explained in article 36 of the
will, as follows:
"It is not from any lack of affection
or regard for them that this will con
tains no provision for my sistersSa
rah Spencer Morgan. Mary Lyman
Burns and Juliet Pierpont Morganbut
only because the property which they
already have makes the same seem un
To every member of the Corsair club,
composed of persons who had been en
tertained aboard Mr. Morgan's yacht,
the Corsair, a piece of silver valued at
$1,000 is bequeathed.
It is provided in the will that the
pieces of silver shall be selected for
that particular purpose by the trustees.
When Mr. Morgan was on the wit
ness stand in Washington in the "mon
ey trust" investigation he made sev
eral assertions reflecting his implicit
confidence in the integrity of his busi
ness associates. This feeling is reiter
ated in a section of the will in which
he directs his executors to accept with
out hesitation any statements concern
ing his interests that may be made by
his surviving partners.
Provisions for servants or caretakers
employed at Mr. Morgan's properties
abroad are thus set forth in article 23
of the will:
"I give and bequeath the following
annuities in recognition of faithful
"To Mrs. Margaret Henderson, my
housekeeper at Princes Gate, London.
500 per annum.
"To Henry Pendry. my butler at
Princes Gate. London, 250 per an
"To Mrs. A. King, my housekeeper
at Dover House. Roehampton. 250
"To J. F. McLeod, my gardener at
Dover House, Roehampton, 250 per
"I direct my executors and trustees lo
set apart from my estate such separate
Bums as they shall in their discretion
THE PRINCETON UNION: THURSDAY, MAY 1, 1913.
determine to be sufficient, under all
probable contingencies, to yield a net
annual income equal to the amounts
of SPM annuities respectively, and I
give and bequeath each of said sums
unto my executors and trustees in
trust to collect and receive tba income
thereof and out of the same to pay
said annuities respectively unto the
several respective annuitants, in equal
quarterly installments during their res
Provision is made that, in lieu of
setting apart these funds. J. P. Mor
gan. Jr.. or his son may give bond to
In article 2 of the will Mr. Morgan
gave directions for his funeral and the
interment of his body. In article 3 he
urged the prompt payment of all his
obligations, whether they were repre
sented by documents or by mere verbal
promises. The two articles in full are
"Article 2.It is my desire to be
buried in the family burial place pre
pared by my father in Cedar Hill cem
etery, at Hartford, Conn., and I here
by direct that my body be there in
terred on the west side of the monu
ment and opposite the place where my
father's remains are interred.
"I wish that in all arrangements for
my funeral the same general course
be followed that was adopted in the
case of my father, except that the
service shall be held in St. George's
church in the city of New York, with
the bishops of New York, Connecticut
and Massachusetts, and the rector of
St. George's officiating.
"Article 3.I direct that all my debts,
funeral and testamentary charges be
paid as soon after my decease as con
veniently can be done, thereby giving
to my executors full power and au
thority to recognize and pay as among
such debts any promise or obligation
made by me, verbally or otherwise,
which, although not in such form that
the holder could compel payment there
of by my estate, my executors think
proper to be paid in their own judg
ment or because from memoranda or
verbal directions left by me or from
other sources they are satisfied that
it would be my wish to have paid."
Text of Codicil.
The codicil to the will merely makes
a change in a minor provision, but is
interesting in showing the great finan
cier's conscientious attention to small
obligations and details. Its language
is as follows:
"I, John Pierpont Morgan, of the
city of New York, having duly execut
ed my last will and testament, bearing
date the 4th day of January, 1913, do
hereby make, publish and declare this
codicil to my said will:
"I do hereby revoke the thirteenth
article of my said will whereby I be
queathed a legacy to my friend Mary
G. Mcllvaine. and in lieu thereof I
hereby make the following provision
for her: I direct my executors to set
apart a sum which in their judgment
shall be sufficient, under all probable
contingencies, to yield a net annual
income of twenty-five thousand dollars
($25,000), and I give and bequeath such
sum unto my executors and trustees
in trust, to collect and receive the in
come thereof, and to pay over out of
said income the sum of twenty-five
thousand dollars ($25,000) per annum,
in equal quarterly installments, unto
my said friend Mary G. Mcllvaine.
during her natural life.
"I authorize my said executors and
trustees, if in their judgment the same
shall seem prudent and desirable, in
lieu of setting apart said trust fund,
to accept the bond or obligation of my
son, John Pierpont Morgan. Jr., if he
shall survive me, and if not, then the
bond or obligation of my grandson,
Junius Spencer Morgan, Jr.. to pay to
the said Mary G. Mcllvaine or to my
said executors and trustees for her ac
count the said annual sum of twenty
five thousand dollars ($25,000) in the
manner above provided, hereby giving
to my said executors and trustees full
power and authority to determine
what, if any, security they shall re
quire from my said son or my said
grandson for the performance of such
bond or obligation.
"Except as above modified by this
codicil, I hereby ratify and confirm my
"In witness whereof 1 have here
unto set my hand and seal this sixth
day of January, 1913.
"J. PIERPONT MORGAN."
DOLL'S SHOE KILLS BABY.
Coloring From Toy Affected the In
A tiny red shoe on the foot of his
first doll caused the death of Robert,
the six-months-old child of Mr. and
Mrs. S. W. Wicks of St. Paul, Minn.
Poisonous dye which faded from the
shoe was swallowed by the infant,
and without a moment's warning to
the parents he expired.
Mr. Wicks took the doll home to the
baby, which gurgled with delight and.
baby-like, put its tongue to the bril
liantly colored shoe.
Mr. and Mrs. Wicks noticed that the
dye came off. but the child showed no
ill effects, and they did not consider
the matter serious. Two days later,
while the mother was singing to the
tot, its head suddenly dropped for
ward. A moment later the baby was
dead. A physician said the dye had
affected the heart.
An Unlucky Day.
While washing dishes recently Miss
Belle Sams of Pasadena. Cal., dropped
a soup tureen on her foot, breaking
one of the bones. She put out an arm
to keep herself from falling and
struck the edge of the kitchen sink so
violently the arm was broken. As she
collapsed in a faint one of her legs
was twisted under her and broken
when she fell.
A private Institution which combines all the
advantages of a perfectly equipped hospital
with the quiet and comfort of a refined and
elegant home. Modern in every respect. No
insane, contagious or other objectionable cases
received. Rates are as low as the most effi
cient treatment and the best trained nursing
H. C. COONEY, Nl. D.,
PRANCES S COONEY. Supt.
NELLIE JOHNSON. Head Nurse.
We pay particular attention to
graduates' pictures, for graduation
is an important epoch in the life
of a young man or woman.
Main St., Princeton
OSTEOPATHY Osteopathy has cured many where
medical treatment has failed. Os
teopathy is a drugless, natural sci
ence which has been applied suc
cessfully in the larger proportion of
ailments to which flesh is heir.
It has proved effective in Appen
dicitis, Asthma, Catarrh, Con
stipation, Diseases of the Ear,
Epilepsy, Diseases of Eye, Female
Disorders, Gallstones Diseases of
Heart, Kidneys, Liver and Muscles
Lumbago, Pleurisy, Pneumonia,
Rheumatism, Sore Throat, Diseases
of the Stomach and Paralysis.
^"Examination Free. Consult
Offices: I. 0. 0. F. Building
T. J. KALIHER
If you contemplate selling your
Horses, Cattle, Farm Machinery,
Household Goods, etc., call and get
my rates. j
Notice of Assessment of Survey.
Notice is hereby given that the
survey of section thirty-three (33),
township thirty-eight (38), range
twenty-seven (27), in accordance
with sections 458-468, R. L. 1905,
has been completed, and plats of said
survey filed in the reigster of deeds'
office, in and for the county of Mille
Lacs, wherein said lands are situate,
that the assessment upon the lands
so surveyed has been submitted to
the board of county commissioners
of said county, and that this board
will meet at the court house at
Princeton, Minn., May 20, 1913, to
correct and confirm said assessment.
Owner's Name Description of Amount
P. P. Kjaglien, e% of neM $16.00
Albert Morehouse, olneli 16.00
do netf of nw 8 00
Foreston Mer. & L. S. Co., nviM of nwj
less 1 a. to school 8.00
John H. Lewis, w# of sw& of nw# 2.00
Louis Bratt, e% of swX of nw& 6.00
do seMofnw^ 8.00
Swen ColUn, w% of swM, less tract to
Foreston Mer. &. L. S. Co 7.50
Foreston Mer. & L. S. Co., 5 acres in
swtf of 8Wji .50
Swen Collin, eX of sw% less tracts
platted and sold 10.38
C. P. Erickson. tract described in book
1 of deeds, page 583 ..t. 4.20
Michael Quigley, 12X acres in e% of
Michael Quigley, se%, less B. K. right
By order of the board of county
commissioners of Mille Lacs county,
Dated this 16th day of April, 1913.
W. C. DOANE,
(Official Seal) County Auditor.
I would like to list several good
farms for sale at reasonable prices in
the vicinity of Princeton. If you
are thinking of selling call and see
me. 6-tfc Robt. H. King.
1 ii *s ^^^tf^JA
fTTTTTTTTTTTTTTTTTTTTTTV' TTT "1
i Farm Lands
First National Bank
of Princeton, Minnesota.
Paid up Capital, $30,000
A General Banking Busi
Loans Made on Approved
Interest Paid on Time De*
Foreign and Domestic Ex
S. S. PETTERSON, President.
T. H. CALEY* Vice Pres.
J. F. PETTERSON, Cashier.
M. M. Stroeter will conduct farm auctions either on commission
or by the day.
Princeton State Bank
Interest Paid on Time Deposits.
Capital $32,000 Surplus $4,000
JOHN W. GOULDING, President G. A. EATON, Cashier
mftm mfll ttt iftt tit* lift Jtt iffI I
I ricMillan & Stanley
jj* Successors to
n. S. RUTHERFORD & CO.
We Handle the Great Northern Railway Co. Lands
I Farm Loans Farm Lands
I PRINCETON LUMBER CO.
J. J. SKAHEN,
1 *V 'I
Security State Bank
We can sell you at a lower price 3
than anv other yard. All that 3
E we ask is that you will call and 2
give us an opportunity to con- 3
vince you. SF 5
GEO. A. COATES, Ilanager 3
Everybody's Wearing Them
Everybody's wearing them,
Everybody's wearing them,
See that nifty kid across the street
With the Florsheim shoes upon
Everybody's wearing them now.
FOR. SALE BY
Exclusive Shoe Store Princeton, ilinnesota