Evening Republican, Volume 21, Number 288, Rensselaer, Jasper County, 21 December 1917 — Many Ara Benefited By The Vanatta Will [ARTICLE]
Many Ara Benefited By The Vanatta Will
i The will of the late John C. Vanj atta, drawn April 8, 1914, and witnessed by Wm. T. Wagner and W. I A. Grissmer, has been filed for probate in the circuit court. There are two codicils to the will, the date of their drawing being Nov. 2, 1914, and, witnessed" by the same men. The testator named his wife, Mary Kassabaum Vanatta, and son, John G. Vanatta, jr., to be the executors of the will. The widow is given a life estate in all of the real estate, excepting certain tracts in White county, as well as the personal property, consisting of moneys, stocks, bonds live stock ,life insurance and chatties, except the following; Onethird of the capital stock of the Bank of Reynolds, together with accumulated profits; two-thirds ’of 129 shares of the capital stock of the Bank of Brookston; two-thirds of 129 shares of the capital stock of the Walkerton, Ind., State Bank. To the son, John C. Vanatta, jr., is bequeathed one-third of oneninth of the capital stock of the Bank of Reynolds; 42 shares of the capital stock of the Bank of Brookston; 42 shares of the capital stock of the Walkerton State Bank. To his daughter, Gertrude Virginia Vanatta, is given one-third of two-ninths of the capital stock of the Bank of Reynolds: 22 shares of the capital stock of the Bank of Brookston; and 21 shares of the capita] stock of the Walkerton State Bank. To another daughter, Agnes Catherine Vanatta, is bequeathed onethird of one-ninth of the capital stock of the Bank of Reynolds; 22 shares of the capital stock of the Bank of Brookston, and 21 shares of the capital stock of the . Walkerton State Bank. The testator stipulates that none of the bank stock is to be sold without the consent in writing of the widow, Mary Vanatta, within -“a period of twenty years from the date of the will, with the exception of the Walkerton bank stock, which may be sold by agreement of the beneficiaries any time after July 1, 1914. The certain tracts of real estate mentioned above are bequeathed to a brother of the testator. A number of bequests to religious organizations are made: $2,000 to the American Bible Society, to be held in trust as an endowment, and to be known as the “Peter R. Vanatta fund,” in memory of the testator’s father, who for more than twenty years' was an agent of the society. The sum of $2,000 is given to the Presbyterian Board of Foreign Missions, to be an endowment and only the interest from the fund to be used. To the Board of Church Erection of the Presbyterian church the sum of S2OO is givenjalso to be known as the “Peter~K. vanatta fund.” SSOO is given to Presbyterian Board of Relief for disabled ministers and the widows and orphans of ministers. SIOO each is to be given to the children of his farm employes, who are under 12 years of age at the time of testator’s death, to be used in any way for their benefit that the executors may see fit. > The first codicil to the will bequeathes $2,000 to the Indiana Synod of the Presbyterian church, to be for home missions and the trust to be administered by the Home Missions of thte Presbyterian church. The income alone is to be used and it is to be known as the “Peter Vanatta fund.” The second codicil provides that on account of the reorganization of the Bank of Reynolds since the writing of the will, it became necessary to change the provisions in reference to the division of that stock. John C. Vanatta, jr., Gertrude and Agnes Vanatta, are each given eleven shares of the stock, the remaining seventeen shares being bequeathed to the widow. George W. Kassabaum it attorney for the executors of the will.
