Untitled Page 1

OverviewTranscribeVersionsHelp

Here you can see all page revisions and compare the changes have been made in each revision. Left column shows the page title and transcription in the selected revision, right column shows what have been changed. Unchanged text is highlighted in white, deleted text is highlighted in red, and inserted text is highlighted in green color.

5 revisions
MikeH at Dec 12, 2021 08:23 AM

Untitled Page 1

The Daily Palo Alto, Monday, March 6, 1905

Mrs. Stanford's estate valued at over five million dollars

Relatives and Faithful Attendants Are Remembered in Will.

The last will of Mrs. Jane Lathrop Stanford was filed for probate in San Jose Saturday afternoon. The will in general fulfills the expectations of those who have been awaiting its probation. The value of the estate as disclosed by the contents of the will is between five and six million dollars. Of this, $3,125,000 is bequeathed outright to relatives, charitable institutions and members of the Stanford household. The residue is left to the University. The relatives of Senator Stanford were not rewarded at all, as expected by many, and several other close friends of Mrs. Stanford were not made beneficiaries. The instrument was drawn July 28, 1903, by Wilson & Wilson of San Francisco. Charles Gardner Lathrop, Russell J. Wilson, Timothy Hopkins, Joseph D. Grant, Whitelaw Reid and T. G. Crothers are named as executors, to serve without bonds. The full text of the will follows:

Provisions of the will.

In the name of God, Amen: I, Jane Lathrop Stanford of the county of Santa Clara, State of California, widow of Leland Stanford, deceased, being of sound and disposing mind and memory, and mindful of the uncertainty of life, do make, publish and declare this to be my last will and testament, in manner following, that is to say:

Two-Million-Dollar Trust Fund.

I

I give and bequeath to the Union Trust Company of San Francisco, a corporation organized and existing under the laws of the State of California the sum of two million ($2,000,000) dollars, to have and to hold the same in trust for the following uses and purposes, that is to say:

(a) I authorize, empower and direct said trustee to invest said sum of two million ($2,000,000) dollars in first-class bonds, or other securities, as it may deem best, and to pay over, at regular intervals, the net income arising from one million dollars thereof to my brother, Ariel Lathrop of Albany, New York, for and during the term of his natural life, and upon his death (as he has no children or descendants) this trust shall cease and determine as to one-half of said trust property, that is to say, as to the one million dollars thereof, and the said sum of the property in which it may be invested shall belong to and be delivered to his relatives as follows, viz: One-half thereof to his brother Charles Gardner Lathrop, and the other one-half thereof to the descendants of his deceased brother, Daniel Shields Lathrop, in the proportions of one-third to his daughter, Jennie L. Lawton; and one-third to his daughter, Amy Gardner Hansen; and the remaining one-third in equal shares to Daniel S. Gunning and Amy L. Gunning, the children of Christine L. Gunning the deceased daughter of Daniel Shields Lathrop, deceased.

(b) To pay over at regular intervals to my niece, the said Jennie L. Lawton, the full one-third of the net income arising from one million dollars, the other one-half of said trust fund for and during the term of her natural life, and upon her death this trust shall cease, and determine as to one-third of said one million dollars, and the said one-third of said one million dollars shall belong to and be delivered to the child or children of said Jennie L. Lawton.

(c) To pay over at regular intervals to my niece, the said Amy L Hansen, the full one-third of the net income arising from said one million dollars, being one-half of said trust fund, for and during the term of her natural life, and upon her death this trust shall cease, and determine as to one-third of said one million dollars, and the said one-third of said one million dollars shall belong to and be delivered to the child or children of said Amy L. Hansen.

(d) To pay over, one-half to each at regular intervals, to said Daniel S. Gunning and Amy L. Gunning, the children of my deceased niece, Christine L. Gunning, one-third of the net income arising from said one million dollars, the said one-half of said trust property, until such time as the younger of the two shall reach the age of twenty-five years, at which time this trust shall cease and determine as to one-third of said one million dollars, the one-half of said trust property, and the said one third shall belong to and be delivered to said Daniel S. and Amy L. Gunning, absolutely and in their own right, share and share alike, and free from all trusts; provided, however, that if either should die before the younger attains the age of twenty-five years, this trust shall cease and determine as to one-half of said one-third of a million dollars, and that proportion of the trust property shall belong to and be delivered to the children of the one so dying, or if there be no such children, then to the other; and the trust shall thereafter continue as to the other one-half of said one-third of a million dollars until the survivor reaches the age of twenty-five years, at which time the trust as to the remainder of said one-third of a million dollars shall cease and determine and the property shall belong to and be delivered to said survivor, but if said survivor dies before attaining such age of twenty-five years this trust shall then cease and determine and the trust property shall belong to and be delivered to his or her children, or if there be none such, then to his or her heirs at law.

One Million for C. G. Lathrop.

II

I give and bequeath to my brother Charles Gardner Lathrop, the sum of one million ($1,000,000) dollars.

III

I give and bequeath to Miss Bertha Berner, secretary and devoted friend to me through nineteen years of trial and sorrow, the sum of fifteen thousand ($15,000) dollars.

IV

To the following faithful and devoted servants, Mrs. Charles Robertson, housekeeper for fourteen years; to Charles Wooster, coachman for over forty years; to Edward Largely, valet to my husband for twelve years; to John Kelly, gardener and caretaker of our home in Sacramento, Cal., corner Eighth and N streets, in our service for forty-one years; to Ah Wing, servant for twenty years, — to each and every one I give and bequeath the sum of one thousand ($1,000) dollars.

Many Bequests to Charities.

V

I give and bequeath to the Old Ladies' Home in Albany, State of New York, of which Mrs. General Frederick Townsend is, or was, president, the sum of ten thousand ($10,000) dollars.

VI

I give and bequeath to the Protestant Orphan Asylum of Albany, State of New York, of which my dear father was treasurer for twenty-five years or more, and of which General John P. Rathbone was president, the sum of ten thousand ($10,000) dollars.

VII

I give and bequeath to the Benevolent and Protective Order of Elks of San Francisco, California, of which my deceased brother, Henry C. Lathrop, was a member, that the society may bear him in loving memory, and for the benefit of the poor and needy of that organization, the sum of ten thousand ($10,000) dollars.

VIII

I give and bequeath to the Hospital for Children and Training School for Nurses, at No. 3700 California Street, San Francisco, California, of which Mrs. W. B. Harrington is president, the sum of ten thousand ($10,000) dollars.

IX

I give and bequeath to the California Woman's Hospital, at No. 3118 Sacramento street, San Francisco, California, of which John Bermingham is president, the sum of ten thousand ($10,000) dollars.

X

I give and bequeath to the Sisters of the Holy Family, for the benefit of the children under their care, their convent being at No. 890 Hayes Street, in San Francisco, California, the sum of ten thousand ($10,000) dollars.

XI

I give and bequeath to the Hebrew Home for the Aged Disabled, at No. 507 Lombard street, San Francisco, California, of which Samuel Polack is president, the sum of ten thousand ($10,000) dollars.

XII

I give and bequeath to the trustees of the House of Benevolence, at Eleventh and Martha streets, San Jose, California, the sum of five thousand ($5,000) dollars.

XIII

I give and bequeath to the Sheltering Arms Society at First and Humboldt streets, San Jose, Cal-

Untitled Page 1

The Daily Palo Alto, Monday, March 6, 1905

Mrs. Stanford's estate valued at over five million dollars

The last will of Mrs. Jane Lathrop Stanford was filed for probate in San Jose Saturday afternoon. The will in general fulfills the expectations of those who have been awaiting its probation. The value of the estate as disclosed by the contents of the will is between five and six million dollars. Of this, $3,125,000 is bequeathed outright to relatives, charitable institutions and members of the Stanford household. The residue is left to the University. The relatives of Senator Stanford were not rewarded at all, as expected by many, and several other close friends of Mrs. Stanford were not made beneficiaries. The [instrument?] was drawn July 23, 1903, by Wilson & Wilson of San Fransisco. Charles Gardner Lathrop, Russell J. Wilson, Timothy Hopkins, Joseph D. Grant, [Whitelaw?] Reid and T.G. Crothers are named as executors, to serve without bonds. The full text of the will follows:

In the name of God, Amen: I, Jane Lathrop Stanford of the county of Santa Clara, State of California, widow of Leland Stanford, deceased, being of sound and disposing mind and memory, and mindful of the uncertainty of life, do make, publish anddeclare this to be my last will and testament, in manner following, that is to say:

I give and bequeath to the Union Trust Company of San Fransisco, a corporation organized and existing under the laws of he State of California the sum of two million ($2,000,000) dollars, to have and to hold the same in trust for the following uses and purposes, that is to say:

(a) I authorize, empower and direct said trustee to invest said sum of two million ($2,000,000) dollars in first-class bonds, or other securities, as it may deem best and to pay over, at regular intervals, the net income arising from one million dollars thereof to my brother, Ariel Lathrop of Albany, New York, for and during the term of his natural life, and upon his death (as he has no children or descendants) this trust shall [cease?] and determine as to one-half of said trust property, that is to say, as to the one million dollars thereof, and the said sum of the property in which it may be invested shall belong to and be delivered to his relatives as follows, viz: One-half thereof to his brother Charles Gardner Lathrop, and the other one-half thereof to the descendant of his deceased brother, [David?] Shields Lathrop, in the proportion of one-third to his daughter, Jennie L. Lawton; and one-third to his daughter, Amy Gardner [Ramsey?] and the remaining one-third [be?] equal [shares?] to Daniel S. Gunning and Amy L. Gunning, the children of Christine L. Gunning the deceased daughter of Daniel Shields Lathrop, deceased.

(b) To pay over at regular intervals to my niece, the said Jennie L. Lawton, the full one-third of the net income arising from one million dollars, the other one-half of said trust fund for and during the term of her natural life and upon her death this trust shall cease, and determine as to one-third of said one million dollars, and the said one-third of said one million dollars shall belong to and be delivered to the child or children of said Jennie Lawton.

(c)To pay over at regular intervals to my niece, the said Amy L Hansen, the full one-third of the net income arising from said one million dollars, being one-half of said trust fund, for and during the term of her natural life, and upon her death this trust shall cease, and determine as to one-third of said one million dollars, and the said one-third of said one million dollars shall belong to and be delivered to the child or children of said Amy L. Hansen.

(d) To pay ever, one-half to each at regular intervals, to said Daniel S. Gunning and Amy L. Gunning the children of my deceased niece Christine L. Gunning, one-third of the net income arising from said one million dollars, the said one-half of said trust property, until such [time?] as the younger of the two shall [reach?] the age of twenty-five years, at which time this trust shall cease and determine as to one-third of said one million dollars, the one-half of said trust property, and the said one third shall belong to and be delivered to said Daniel S. and Amy L. Gunning, absolutely and in their own right, since and [cease?] alike, and free from all trusts; provided, however, that if either should die before the younger attains the age of twenty-five years, this trust shall cease and determine as to one-half of said one-third of a million dollars, and that proportion of the trust property shall belong to and be delivered to the children of the one so dying, or if there be no such children, then to the other; and the trust shall thereafter continue as [to?] the other one-half of said one-third of a million dollars until the survivor reaches the age of twenty-five years, at which time the trust as to the remainder of said one-third of a million dollars shall cease and determine and the property shall belong to and be delivered to said survivor, but if said survivor dies before attaining such age of twenty-five years this trust shall then cease and determine and the trust property shall belong to and be delivered to his or her children, or if there be none such, then to his other heirs at law.

I give and bequeath to my brother Charles Gardner Lathrop, the sum of one million ($1,000,000) dollars.

I give and bequeath to Ms. Bertha Berner, secretary and devoted friend to me through nineteen years of trial and sorrow, the sum of fifteen thousand ($15,000) dollars.

To the following faithful and devotedservants, Mrs. Charles Robertson, housekeeper for fourteen years; to Charles Wooster, coachman for over forty years; to Edward Largely, valet to my husband for twelve years; to John Kelly, gardner and caretaker of our house in Sacramento, Cal., corner Eighth and N streets, in our service for forty-one years; to Ah Wing, servant for twenty years - to each and every one I give and bequeath the sum of one thousand dollars.

I give and bequeath to the Old Ladies' Home in Albany, State of New York, of which Mrs. General Frederick Townsend is, or was, president, the sum of ten thousand ($10,000) dollars.

I give and bequeath to the Protestant Orphan Asylum of Albany, State of New York, of which my dear father was treasurer for twenty-five years or more, and of which General John P. Rathbone was president, the sum of ten thousand ($10,000) dollars.

I give and bequeath to the Benevolent and Protective Order of Elks of San Fransisco, California, of which my deceased brother, Henry C. Lathrop, was a member, that the society may bear him in loving memory, and for the benefit of the poor and needy of that organization, the sum of ten thousand ($10,000) dollars.

I give and bequeath to the Hospital for Children and Training School for Nurses, at No. 3700 California Street, San Fransisco, California, of which Mrs. W.B. [Harington?] is president, the sum of ten thousand ($10,000) dollars.

I give and bequeath to the California Woman's Hospital, at No.[3118?] Sacramento street, San Fransisco, California, of which John [Penningham?] is president, the sum of ten thousand ($10,000) dollars.

I give and bequeath to the Sisters of the Holy Family, for the benefit of the children under their care, their convent being at No. [840?] Hayes Street, in San Fransisco, California, the sum of ten thousand ($10,000) dollars.

I give and bequeath to the Hebrew Home for the Aged Disabled, at No. 507 Lombardo Street, San Fransisco, California, of which [Hamcel?] Polack is president, the sum of ten thousand ($10,000) dollars.

I give and bequeath to the trustees of the House of Benevolence, at Eleventh and [Marlin?] streets, San Jose, California, the sum of five thousand ($5,000) dollars.

I give and bequeath to the Sheltering Arms Society at First and [Humboldt?] streets, San Jose, Cal-