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MR BARON'S WILL.

£1,000,000 TO CHARITIES.

(UNITED PRESS ASSOCIATION —-BT ELECTRIC TELEGRAPH —COPYRIGHT.)

LONDON, August 4,

The tobacco millionaire, Mr Bernhard Baron, made a characteristic will. About a score of his employees and personal servants received from 100 to 500 Carreras shares each. The shares at present are worth over £l3. One housemaid gets 50 shares. The will appoints five executors, the trustees including his son Louis and Lord Beading, who gets £SOOO. Mr Baron's will directs the cremation of his body, the ashes to be deposited in the Jewish Synagogue at Willesden, with a small Union Jack and the Star 3 and Stripes. The factory in North-West London shall be closed on the day of the funeral, to enable the employees, "whom I really loved," to attend. He hopes that they will all attend, but wishes the simplest ceremony. In order to avoid lawsuits the will provides that if the executors and trustees disagree, his son's view shall be final and decisive. All legacies shall be paid free of death duty. When all be* quests are paid, 70 per cent, goes to the members of his family on trust in named proportions, and 30 per cent, becomes a charity trust. Mr Baron allots £60,000 to certain Jewish charities. The distribution of the remainder is left to the discretion of trustees in the proportion of onefifth to Jewish charities and four-fifths to Christian. "I loved Christian brethren as much as my Jewish ones," he said. The solicitors estimate that Mr Baron was worth £5,000,000. Death duties absorb £2,000,000, thus charities will receive £1,000,000. —Australian Press Association.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19290806.2.78

Bibliographic details

Press, Volume LXV, Issue 19690, 6 August 1929, Page 9

Word Count
266

MR BARON'S WILL. Press, Volume LXV, Issue 19690, 6 August 1929, Page 9

MR BARON'S WILL. Press, Volume LXV, Issue 19690, 6 August 1929, Page 9