The Bottineau Pioneer

The Will of the Dead Milwaukee Millionaire.

B. K. Miller, of the law firm of Finches, Lynde & Miller, at Milwaukee, presented a petition at the probate office on the 30th ult., for the probate of the will of the late Alexander Mitchell. The petition sets forth that John L. Mitchell, who is the petitioner, is the testator and only child, and that Mrs. Martha Mitchell is the widow. The will is a concise document, covering six pages of foolscap typewritten. John L. Mitchell is made the testator's residuary legatee. The executors will not be required to file bonds for the proper performance of their duties, so that there will be no way for the public to get an intimation of the approximate value of the estate. He gives his wife Martha Mitchell, an annuity of $50,000 per annum, for life; cash or equivalent $200,000, and all his homestead property. To his grandchild David F. Mitchell $100,000; Isabelle Mackey, a niece, $25,000; and to his son John L. Mitchell, all the rest. The exact wealth left by Mr. Mitchell will never be known. It is believed to be from fifteen to twenty millions. The property known as the Wisconsin Marine and Fire Insurance Company's bank is equally divided among John L. Mitchell, John Johnston, his nephew, and D. Ferguson, his most intimate friend. The will bears date Nov. 20, 1886. The announcement was made that John L. Mitchell had been elected president of the Wisconsin Marine and Fire Insurance company bank, to succeed his father. David Ferguson, who for forty-six years has been cashier of the bank, becomes vice president, and John Johnston, for twenty-three years assistant cashier, is elevated to cashier. The capital stock of the bank has been increased to $500,000. Under the late president, Alexander Mitchell, the bank, though one of the strongest in the United States, had a capital stock of but $100,000.