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MR ALLAN McLEAN'S WILL.

A £200,000 TRUST. HOME FOR NEEDY GENTLEWOMEN. Tho value of tho estate of tho late Allan McLean, whose death occurred on Tuesday last, will bo something over £500.000, and of that property, about one-third, including the large wooden building in Manchester street North, used by tho deceased as a residence, lias been left as an endowment for an institution for distressed gentlewomen. Tho will contains elaborate provisions for th© carrying on of tlio institution, nnd directs that tho homo is to be managed and controlled by a Board consist ing of the two Christchurch Bishops, the ministers of St. Andrew's Presbyterian Church and Durham street Methodist Church, the Senior Stipendiary- Magistrate at Christchurch, the chairmen of tho Selwyn City Council, the North Canterbury Hospital Board, aud tho Canterbury College Board of Governors, together with two of tho trustees under the will, and t,wo lady members to he appointed by tho Board. The Board aro -authorised to tise such part of the trust funds as may be nvailuble for the purpose of providing for needy women and their children under the ago of ten*. Tho value of tho trust i.s estimated at about £200,000, and the balance of the estate, after the payment of legacies to old servants, is left to relatives.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19071118.2.37

Bibliographic details

MR ALLAN McLEAN'S WILL., Press, Volume LXIII, Issue 12964, 18 November 1907

Word Count
215

MR ALLAN McLEAN'S WILL. Press, Volume LXIII, Issue 12964, 18 November 1907

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