Charitable institutions, Christian, non-sectarian and Jewish, will benefit in the amount of £1,000,000 ($5,000,000) from the estate left by Bernhard Baron, former New York cigar maker, a native of Poland, Great Britain’s tobacco king and millionaire philanthropist, who died yesterday at Brighton, at the age of 78.
Under the terms of the will, disclosed today, the £1,000,000 will be administered by a Charity Trust Fund which will be presided over by the Marquis of Reading. The trustees are directed to expend the capital and income during a period of twenty years, to be distributed in the following proportion: one-fifth to Jewish charities and four-fifths to Christian or undenominational charity organizations.
In explaining this division, the late Mr. Baron stated in his will that during his lifetime he had spent very large sums for charity without distinction as to creed or religion as he “loved his Christian brethren as much as his Jewish brethren.”
It is estimated that the estate left by Mr. Baron is valued at approxi- (Continued on Page 4)
The Marquis of Reading, who is one of the executors of the will, was bequeathed £5,000. Ten thousand pounds are willed to the Liberal Jewish Synagogue of London and £5,000 to the Jewish Orphanage of London. The residue is to remain in the trust fund.
A number of his factory employes are to receive 100 to 500 shares in Carraras, Ltd., amounting approximately to £13 each.
It is estimated that during his lifetime the late Mr. Baron distributed a sum in the neighborhood of £2,000,000.
His body will be cremated on Tuesday, the exercises taking place at the cemetery of the London Liberal Synagogue. The will directs that the American flag be placed beside the British flag on the obelisk which is to contain his ashes.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.