CASH FOR SMITHS.
WHO WANTS A PENSION? LONDON, October 12. Not everybody named Smith can be chosen, but the administrators of the socalled Smith bequest invite further applications from the British branch of the family for pensions under the 300-year-old will of Henry Smith, an alderman of the city of London in the seventeenth century. Henry made a fortune and placed it in the hands of trustees, asking only an income of £500 a year for himself, the remainder to be distributed, first, among relatives, secondly among people named Smith, and thirdly to hospitals. The London estate, which originally produced £200 a year, now yields £25,000. At present 1000 Smiths share £5000 a year, and others share with the general public in £20,000 distributed among hospitals. The customary pension is 10/ a week.
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Bibliographic details
Auckland Star, Volume LX, Issue 246, 17 October 1929, Page 7
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133CASH FOR SMITHS. Auckland Star, Volume LX, Issue 246, 17 October 1929, Page 7
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