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GIFT TO NATION.

LORD IVEAGH S WILL. ESTATE OF £1 ],000,000. THE KEN WOOD GALLERY. It is learned officially that the w 11 of the late Earl of Iveagli will probably be admitted to probate at n>l less than £11,000,000, states the “Manchester Guardian.” Estate duly to the amount of £4,400,000 will be paid. Large gifts are made to pub' e bodies under the will, the executor* and trustees of which are the n. w Lord Iveagli, the Hon. Ernest Gu iess, and Mi Walter Guiness (Ministei of Agriculture), sons of the Iti'.e Earl, and Mr C. H. Bland. The various properties of the bite Lord Iveagli are to be divided between tlu* three sons. The Elveden estale, in Suffolk, goes with the title. The lesidue of the estate, after all bequests have been paid, is settled on the thin* soils and their children, who will receive the income only for their lives. The sum of £OO,OOO is left to the King Edward VII. Hospital Fund for London. To St. Patrick’s Cathedral, Dublin, is left the income from £fif),000 “during such time as the Cathedral shall be used for the purpoaeii of the Protestant Church of Ireland.” Five hundred pound* of this income is to be earmarked for the organist and choir and the upkeep generally of the musical part of the Cathedral services. Tile Representative Church of Ireland is to receive £125,000, the income from which is to be devoted to the augmentation of the livings of the poorer clergy in Ireland. BEAUTIFUL PARK.

The will makes clear the wishes of the Earl with regard to the Ken Wood estate, which he bought with the intention that it should pass to the nation in 1035. The purchase consisted of the nupision and 74 acres of meadow and woodland, and it was directed that the land should be an open space for the benefit of the public as an extension of Hampstead Heath, the mansion to be used for such public purposes as the trustees of the purchase should decide. The will expresses the wish that the mansion should be converted, at the expense of the estate, into an art gallery, to he open to the public. To form this gallery, Lord Iveagli bequeaths a number of pictures from his large collection, which is generally regarded as the finest private collection in the world. It is gathered that the value of the pictures to be placed in the gallery will be about £300,000.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAIPM19271221.2.17

Bibliographic details

Waipawa Mail, Volume XLIX, Issue 43, 21 December 1927, Page 2

Word Count
413

GIFT TO NATION. Waipawa Mail, Volume XLIX, Issue 43, 21 December 1927, Page 2

GIFT TO NATION. Waipawa Mail, Volume XLIX, Issue 43, 21 December 1927, Page 2