The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 9 Mar 1938, p. 3

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4 MAVC'\ 9 lBill Introduced in House to Validate Settlement of | Williams Estate TRUST FUND PROVIDED Under minutes of settlement drafted in the Supreme Court of Ontario between parties interested in the will of the late Elsie P. Wil-- liams of London, the Corporation 'ot the City of London yesterday in ' a bill introduced in the Ontario ] | Legislature sought legislative valid-- ! ation of the setitement. The bill was introduced by Dr. A. |S$. PDuncan (Lib., London), who, in brief explanation, said the applica-- tion for legislation provided for the setting aside of a trust fund of * $250,000 for the upkeep and main-- tenance of Windermere, the old Villiams home, and the grounds as * a public park and a museum. The bill would authorize the city to carry out the full terms of the settlement Subject to the approval of the Lieutenant--Governor--in--Coun-- cil and the terms of the minutes of tsettlement. it would vest the assets of the estate, $700,000, and the ipowers of executors in the city. \ The minutes of settlement pro-- }vided that as soon as the city was empowered by legislative authority \ ' to take over the assets from Thomas Graves Meredith and Talbot Mac-- | beth, the executors of the estate, | it should make the following pay-- ments: To Mary Ryan, the plaintiff in the original action, and to Mrs. Loomis Minott, Daniel Mumbruc, Victor Mumbrue, Mrs. Charles f Craig, Mrs. Maude Palmer and Findley E Perrin, the defendants, the sum of $175,000. To the defendant, the Ursuline | religious order, the sum of $100,000, * \ and to Isabel Butler, Isabel Ware, | Beatrice Reid, John E. Middleton, | Rosemary Shuttleworth and Rita .Stevenson. the legatees mentioned 'under the late Mrs, Williams's will, \a total of $12,000, payable in pro-- | portion to the amount bequeathed to each of them under the will dated Feb. 8, 1927. ' It is set out if the application for |the act is refused that the proposals * iln the minutes of settlement shall automatically become null and void.

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