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Story
May 1, 1887
Wheeling Sunday Register
Wheeling, Ohio County, West Virginia
What is this article about?
Executors of Samuel J. Tilden's will convey over $9 million residuary estate to a trust for a New York City library on April 30, blocking heirs' claims despite ongoing lawsuit. Leading lawyers believe this action secures the estate against heir inheritance.
Clipping
OCR Quality
95%
Excellent
Full Text
Cuts Out the Heirs.
New York, April 30.—A conveyance of all the residuary estate of Samuel J. Tilden, exceeding probably $9,000,000, has been made to the Tilden trust, and was filed to-day. It is made by the executors and trustees of the will. The Tilden trust undertakes in this document to apply the part so conveyed to the establishment and maintenance of a free library and reading room in New York City, and to save and keep apart a sufficient sum out of the property to secure against loss any of the other trusts appointed by the will from any shrinkage of securities
Leading lawyers are of the opinion that the action of the executors in making this conveyance will prevent the Tilden heirs from getting any part of the residuary estate even though they win the suit now pending.
New York, April 30.—A conveyance of all the residuary estate of Samuel J. Tilden, exceeding probably $9,000,000, has been made to the Tilden trust, and was filed to-day. It is made by the executors and trustees of the will. The Tilden trust undertakes in this document to apply the part so conveyed to the establishment and maintenance of a free library and reading room in New York City, and to save and keep apart a sufficient sum out of the property to secure against loss any of the other trusts appointed by the will from any shrinkage of securities
Leading lawyers are of the opinion that the action of the executors in making this conveyance will prevent the Tilden heirs from getting any part of the residuary estate even though they win the suit now pending.
What sub-type of article is it?
Family Drama
Historical Event
What themes does it cover?
Family
Fortune Reversal
What keywords are associated?
Tilden Estate
Inheritance Dispute
Library Trust
Heirs Conveyance
What entities or persons were involved?
Samuel J. Tilden
Tilden Heirs
Executors And Trustees
Where did it happen?
New York
Story Details
Key Persons
Samuel J. Tilden
Tilden Heirs
Executors And Trustees
Location
New York
Event Date
April 30
Story Details
Executors and trustees convey Samuel J. Tilden's residuary estate exceeding $9,000,000 to the Tilden trust for a free library and reading room in New York City, securing other trusts and preventing heirs from receiving any part even if they win the pending suit.