Jasper County Democrat, Volume 13, Number 3, Rensselaer, Jasper County, 16 April 1910 — FORTUNE OF WALSH IS LEFT TO FAMILY [ARTICLE]
FORTUNE OF WALSH IS LEFT TO FAMILY
Widow end Daughter to Share Equally In Estate. The estate of Thomas F. Walsh, the Colorado mining millionaire, is left to the widow, Mrs. Carry B. Walsh, and daughter, Mrs. Evelyn B. McLean, by the terms of a will signed Jan. 10, 1910. While no specific bequest to charity Is made SIOO,OOO is lefUto the widow to be distributed ‘‘among such persona and in such amounts as she knows to be my wish in reference thereto.” Mra. Walsh is to be accountable to no court or person in regard to the distribution. To the widow and daughter in equal ■hare, are left all personal belongings, contents of the Massachusetts avenue residence and of the summer home at Clohmel, Colo. They are also to have the horses, carriages and automo* biles. The remaining estate is devised to the American Security and Trust company, as trustee, for a term of ten years, during which it is to pay to the widow and daughter in semi-annual installments the net income in equal ■hares. The right of disposal when approved by the beneficiaries is vested in the trustee. At the expiration of the ten-year term the estate is to be transferred to the widow and daughter in equal por* tlons. Provision is made for the disposition of the share of each in the event of the death of ($e widow or daughter during thfe z .coptlnuance of the trust. ; J Either of the beneficiaries' may dispose by will of her share, but should the widow die Intestate the net income is to be paid to the daughter until the expiration of the trust. Should the daughter and wife both die intestate within the ten years, then the estate is to be turned over to the American Security and Trust company and Edward B. McLean, in trust for the children of Mrs. McLean. This latter trust, if it ever becomes operative, shall terminate when the present son of Mr. and Mrs. McLean attains majority.
