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LATE MR. J. LOGAN CAMPBELL.

IlKilt 'K -T-i AXI) I.IKIACI'iS. Auckland, Last Xiglit. Bequests ;:-i■i.iinliiiK to .€5500 have now tiecn paid bv the trustees of the lute Sir .li!;i:i 1.0.im Campbell, the bcno-'■'■':-i!'ic< b- ;■■■ -:■ ('(iimtrv Clergy Fund, Discharged Pri.-oeeiVi' Aid Society, Auckland Institute and Museum, and the Snc'ci- ; ::,:• Protection of Women and Children. Oilier le?;acies to public institutions amounting to £OSOO will be paid shortly. The doatii of Sir John Logan Camp'■■;i ,•'■ .in-.-.! ~m .lime 22. 1912. A vear later the tru-leea (Messrs A. S. Bankart and A. M- Myers) piitl to the Commissioner of Taxes £20,25(1 8s 3d., in discliar-e o; ' nlh duties levied on the net value of £227,080 15s H. .Steps were taken to secure a reduction of the duties, -nil as a result the ninnmit lias been reduced by a little over £2OOO, and the es\ :le lias now been certified at its eri'"■ ! vilnc. The net value of the estate after the payment of personal legai-ic and duties is .C133,1i0». A bequest of €IOOO to the St. John \'i:l',!i-i ice \ s'.i-iation was paid on June 2(1 last year. Within the last few i!'vk i: ; - '"i-icics already mentioned have been paid to beneficiaries. The foil.) v ir.' bequests will, be paid within two or three months:--Jubilee Institute for the Wind. £5000: Salvation Annv Prison Gate Home, Epsom, -Mi;'); .:•''!'.•.it'inn Army Maternity ■Home, ' l'ojiso.'iby, £500; Salvsvtio'ti Annv He-. ,:•■ Home. Parnell, £500: 'Vi'-r'n's Dome, Papatoetoe, Trust Board, £3OOO. Provision was made in the will for the foundation of a Chair o!' A-i-iiV,.,. :'.t the Auckland University College, £20.000 being, secured for this ;■:•■:"><<•, and'tlie payment of £35.000 to the trustees of' Cornwall "ar'-\ to '■■ 'Niiended in maintenance. adniinistnilion, and improvement. The trustees i Me further diiex.ted to exneiv 1 - ; :; «rf exceedii.g £SOOO in erecting' a monument to be dedicated to i : ••' • n thi' SMiimit of One Tree Hill, They arc empowered to postpone e '.'.,,>■!: .if these bequests until after all .'.minifies shall cease to be paid. As Ihev con id. r it inadvisable to reduce the corpus of the estate further at the present, vhieli would entail a risk to the ani'lii f i"s. compliance with these clauses of the will has been postponed indefinite!". Payment, of the bequests either ni"le or propose-' to be made shortly will reduce the ensile to £115,5(13.' against- which there will remain a pabilitv of £OO,OOO, comprising bequests to the Auckland College; Council, Cornwall Park trusteis, and for the Maori monument.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19140108.2.75

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LVI, Issue 162, 8 January 1914, Page 8

Word count
Tapeke kupu
408

LATE MR. J. LOGAN CAMPBELL. Taranaki Daily News, Volume LVI, Issue 162, 8 January 1914, Page 8

LATE MR. J. LOGAN CAMPBELL. Taranaki Daily News, Volume LVI, Issue 162, 8 January 1914, Page 8

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