Jasper County Democrat, Volume 19, Number 48, Rensselaer, Jasper County, 13 September 1916 — Will of C. C. Spencer Cuts Off Brother Entirely. [ARTICLE]
Will of C. C. Spencer Cuts Off Brother Entirely.
The will of the late Charles C. Spencer, the well known Monticello attorney who died suddenly while attending a theater in Chicago, was filed for probate in the White circuit court last week. The instrument was executed February 9, 1912, and M. B. Spencer, W, H. Hamelle and Bert Van Voorst are named as trustees of the estate and executors of the will. The trustees filed a bond for $40,000, The will directs that the estate be converted into cash and invested in safe interest-bearing securities, two-thirds of the net income to go to testator’s mother, Mrs. Sarah J. Spencer, (since deceased) and onethird to Eliza G. Orth, an aunt. On the death of either, her share is to go to the surviving beneficiary. On the death of both mother and aunt the net annual income is to go one-half to Frank M. Havens and daughters, Lulu and Lillian of Oakland, California, and one-half to testator’s sister, Margaret Ray. Rubright of Evansville. When the youngest beneficiary is twenty years old the principal is to be vested in them solely. Tn the event of a contest of any beneficiary his share is to go to the other beneficiaries, and if all beneficiaries contest the will the entire estate is to go to the DePauw Phi Kappa Psi home of Greencastle. Fred Spencer of Chicago, a brother of testator, is cut off entirely in the will. Mr. Spencer had never married. His age was 58 years.
