BARONET’S FORTUNE.
FOUNDER OF MAYPOLE DAIRY COMPANY. £lO,OOO FOR DAIRY RESEARCH. (From Our Own Correspondent.) LONDON, August 26. The late Sir William George Watson, one of the founders of the Maypole Dairy Company, and for many years chairman, who died on July 12, left £lO,OOO to the National Institute for Research in Dairying (Reading University). His fortune amounted to £2,019,841, and £828,762 estate duty has been paid. Sir William left £200,000 in trust for the holder of the baronetcy, Sir Norman James Watson is the present holder of the title. To his widow, Sir William left a legacy of £lO,OOO, the life tenancy of the Sulhainpstead estate, near Reading, and- the beneficiary from a trust fund of £150,000. The residuary estate is left in trust, the interest to be divided equally between Sir Norman James Watson and Mrs Florence Nagle (daughter). The testator explains the absence of any bequest to his-younger son, Victor William Watson, by the fact that he had already made adequate provision for him. There is a bequest of £lO,OOO on trust for each of his grand-children.
Other legacies include £5OOO to the Royal Berkshire Hospital, £lOOO to the Salvation Army, and £lOOO to Dr Barnardo’s Homes.
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https://paperspast.natlib.govt.nz/newspapers/OW19301014.2.119
Bibliographic details
Otago Witness, Issue 3996, 14 October 1930, Page 29
Word Count
200BARONET’S FORTUNE. Otago Witness, Issue 3996, 14 October 1930, Page 29
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