Charitable institutions ultimately will receive half and perhaps all of the estate of Henry L. Stern, textile manufacturer, who died July 27 in Atlantic City.
The will probated here disposes of an estate listed at fifty thousand dollars and upward, leaving the net income to Mr. Stern’s widow, Mrs. Emma L. Stern, after giving her $2500. outright and providing a fifty dollars a month annuity for a sister, Ida Stern.
Upon the death of Mrs. Stern the residue, subject to the sister’s annuity, is to be divided into two parts, one half going absolutely to Mrs. Stern’s then living brothers and sisters, or the issue of deceased brothers and sisters.
The other half is to be held in trust for the “Memorial Endowments of Harry L. Stern and Emma L. Stern”, which consists of income in perpetuity to the following institutions in the following amounts: one half to the Jewish Hospital Association; one tenth each to the Jewish Foster Home, the Reform Congregation of Keneseth Israel, the Mount Sinai Hospital, the National Farm School; one twentieth each to the Society for the Protection of Children from Cruelty and the Society for the Prevention of Cruelty to Animals.
Should all the heirs be deceased their half is to be distributed to the charities.
Another contingent clause provides that if Mr. Stern’s estate “shall have a clear value of $125,000” the following specific bequests shall be made: one thousand dollars each to Reform Congregation Keneseth Israel, the National Farm School, the Jewish Foster Home and two thousand dollars to the Jewish Hospital Association.
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