SYDNEY EDITOR'S ESTATE.

Taranaki Daily News, 15 November 1919, Page 8

SYDNEY EDITOR'S ESTATE.

HIS BENEFACTIONS. Says the Sydney Morning Herald:Probate has been granted of the will of the late Mr. John Feltham Archibald (generally known as Jules Francois Archibald), owner of the Bulletin, who died on September 10th last, at St. Vincent's Hospital, Sydney. He appointed as his executor and trustee the Perpetual Trustee Co., Ltd. The net value of the estate is £50,061, of which £2!),<41 consists of shares in public companies, £28,300 mortgages, and £21,930 real estate. The testator directed 'the division of his estate into 50 equal shares. He devised 20 of these shares to his trustee, with directions to pay the income therefrom to Ruth Archibald, widow of hiß brother Joseph for life. After her death the capital' and income of these 20 shares is to be equally divided between testator's nephews Harry and Walter Archibald, and his niece. Gladys Archibald. Three shares are left to testator's half-sister, Lucv Archibald, of St. Kilda, Victoria; the income of one share .each is left to two old and faithful servants—Mary McCulloch and James Buck; the income ot five shares to Ruby Linda Bertha Sclman, of Neutral Bay, the income of five shares to the National Art Gallerv of New South Wales, for pictures to be known as the Archibald prize; the income of seven shares is to be aecumulat. od for seven years to provide a war memorial commemorative of Australia «nd France fighting side by side m the late war. The charitable bequests areTneome of four shares to the Sydnev University for cancer research;' one share to the Sydnev Hospital and the Melbourne Hospital; ono share to the benevolent fund of the New South Wales branch of the Australian Journalists-' Association for distressed journalistsone share to the Warrnambool Benevolent Asylum, to provide tobacco for the Inmates. In the event of failure of oertain boouests, the remainder of a num- 1 her of thorn Is devised to the New South Wales branch of the Australian Journalists' Association.