Loading...
HomeMy WebLinkAbout2410 , - • - . . ~ ~ . ' ' ~ ~~0 _ . and Son, i00 Nye Avenue, Irvington, New Jersey. I further direct that funeral services shall be held in St. Peter'a Church, Lyons ~ Ave~nue, Newa~ek, i3ew Jersey, and that my remains be interred in our family plot in Holy Sepulchre Cemetery, Central Avegue, East Orange, - New Jersey, next to those of my beloved wife. IT~~ ~ I give, devise and bequeath to my Trustee, hereinafter named; the sum of O~E HUNDRED FIFTY TKOUSAND DQL~.AIiS ($150,000.00)' { ~ consisting of cash and securities, with such securitiea to be' ~ . , valued at market price on the date of my death, to be held in trust v _ ti for tkie follo~iing uses and purposea. This trust shall be known as . ~ • ~f l the KRUMWtIDE TRUST and the income from this trust to the extent of ~ . ~ FIVE TFiOUSAND DOY.LAItS ($5,000.00) annually shall be paid to AELEI~I ~ ~ ICRUMWIEDE, the wife of Frederic Krumwiede, presently residing at • . ~ 429 Stuyvesant Av~aue, Irvington, New Jersey, at least monthly, or ~ , at other convenient intervals to be agreed upon between her and my . ;l~ ~ Trustee, such paqments to continue during her lifetime. Any income ~ earned by said trust in the excess of FIVE TH~OUSAND DOLLAItS ~ ($5,040.00) annually shall be accumulated by my Trustee and b ecome a part of the principal of said trust, to be reinvested by my : Trustee. ~cther, along these lines, should the trust not yfeld , a minimum of FIVE THO'USAND DOLLARS ($5,000.00) per year in incame, ` then to the extent necessarq to meet this minimum amownt, my Trustee is to invade the principal to the exteat necessary to meet E the minimum payments as above provided. Upon the death of HELEN KRUMWIEDE, the trust shall ter~ninate and all~the remeining principal balance my Trustee is to distribute, fifty per cent (50~) to FATKER FZA,~IAGA~'S BpYS 1~OWN, Boys Town, Nebraska, and the remaining fifty per cent (SOZ) shall pass over and become a part of my residuary estate to be distributed as hereinafter provided. _ -2- ~;~i?3 . ~