£1,000,000 IN DEATH DUTIES.

Dominion, Volume 2, Issue 569, 26 July 1909, Page 8

£1,000,000 IN DEATH DUTIES.

WILL OF THE i.ATE MR. CHAS. . MORRISON. •,'■■'■ Thoterms of the will aro now known oi the late ; Mr. Chas. Morrison, tlie city financier and multi-millionaire, who died on May « 26 (says the "Daily News"). The amount of , the estate, however, is not knowu, but it ; must be enormous —many millions, in fact—since a report is current, that Iho Treasury > haVo received £1,000,000 from the executors on account of death duties. : . Mossrs. Ashurst, Morris, Crisp, and Co., . solicitors of Throgmorton , Avenue, have forwarded us a'summary of the will, in which the .charitable legacies a.re set forth as fol- , low:— ■■'.-. '\- '"•'.'- ' ■■■■'.■■■'.■ ■-■ '■.■■- ' " : ■■£.■■-■■■■ Bishop of London's Fund ... 10,000 . Bishop of St. Albans' Fund ;.. 10,000 East London Church Fund. ... 10,000, Rochester Diocesan Society ... 10,000 Poor Clergy Relief Corporation 6,000 'London Hospital ... ... ... 10,000

There are also. handsoino bequests to em« ployees.' Mr. 'J. H. Dickson, agent, Islay, and Mr. Wm. Stanford, bailiff, Basildon, are to receive £1000 each: Mr. John Laughton, factor, Islay, £500; Mr. Charles Stanford, Basildon, £200; Mr. Paul Stow, an annuity of £100; and each sor,v;«.t at Harley Streetj each employee at Coleman Street, and each gamekeeper or watcher a year's wages! The executors are Mr. .Walter Morrison, Mr. .Hugh Morrison, Mr. Archibald Morrison, and Miss Ellen Morrison. Tho latter, however, has renounced probate. To her is bequeathed the furniture'and effects, except pictures and statuary, at Basildon and Harley Street, tho lease of the latter residence, the Berks.,estate and lands in Goring for life, and one-fourth of the residuary estate. Trust legacies comprise , £15jOOO each to Emily Todd and Mrs. Sawbridgo, in the latter case for life, and then to her children, and £10,000 each to Edward Todd and Maria Todd. Thoso to Emily and Maria Todd wero reduced by codicil in. consequence of giftsduring life to £7636 Bs'. ;6d;-arid-£5581' 10s". Bd. respectively. Three children of a lato cousin, Jlartha Pothecary, receive, legacies, of £20,000, reduced by. codicil in each case.to £9691 11s. lid. The husband of one of the threo receives £5000. To the widow of Mr. Walter Pothecary there is a legacy of' £5000.: ■'■?■■■ ■■.-■■•■■■. ~

Three other relatives—Mr." Todd,.' Colonel L. Dqwnes; and Dr. Edmund Downos, cousins— receive. £15,000 each, reduced in the case of the'last two to £4691,115. lid., and in Mr. Sidney Todd's case to £9109.\ Twentyone othors 'receive' legacies of £10,000 each, reduced in a few cases by codicil in'consequence of gifts during life. .'■'•■' , Two of tbeso relatives arc lady.Ethel-Vin-cent and. tlie-Honi Hilda'Gough, children'of Mr. Morrison's late' sister, Sirs.Moffat, ■ Another is Lady Mary, wife of Mr. Hugh Morrison, nephew. , The widow of his late brother Alfred, and the' wife of his brother Frank each receive. £20,000.. Four ■legacies of £5000. each ihcludo the lato Sir Howard Vincent,: husband of Lady, Ethel Vincent, and the Hon. George Gough, husband of the-, Hon. Hilda .Gough. Mr.. Gough,- who was a'brother of Viscount Gough, died in the South African wa'r.■. Tho bequest goes , to his children. ...

To Mr. Walter Morrisonie left absolutely tho Berkshire: estato and -lands in, Goring after Miss Ellen Morrison's death; all freeholds and leaseholds in the city of London, and one-fourth of the residua'ry estate.': Finally, there is a list of bequests to the lato Mr. Alfred Morrison's children. 'To Mr. Hugh Morrison is left the entail of Islay and two-sixthe of one half of the residuary estate. '"Stocks:to-tho valueof £125,222; given, to Mr. Hugh by Mr. Morrison is to betoken on account of his eha.ro of ivisiduo;: Mr. Archibald Morrison receives a trust legacy of £270,000 to himself for; life and then to his children, and also two-sixths of one-hnlf of tho residuary. Stocks to tho value of £125,222 are to betaken into account. ', '■: Lady Gatty and ' Miss Dorothy I Maradcn each receive one-sixth of one-half of•■tlio rosidud, stocks to the .raluo of; £62,888,,'tp' bo taken into .account. ;.,' : '"-'!.:';-v, ;, .-'' "'■'■;.'■'.'■.-:. ; '■:"■, ■■

■ According to the. "Yorkshire- Post," '.tdio payment of £],000,000, on account of-death.' duties was inaue in order-to facilitate'-pro-bate. ■ .. ;.. ■;. : -:. .'■.••" :{•:.•;■-..' ■''■■■■'•■'■'■'■ -■.':■'.■