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Last Will and Testament

W.G. Brown

 

Last Will and Testament

W.G. Brown

 

State of Georgia County of Dooly

 

I, W.G. Brown of the County of Wilcox State of Georgia being of sound and disposing mind and memory do make this my last will and testament.

Item One

I give and bequeath to my wife Mrs. W.G. Brown City lots nos. 1-2-3-4-5-6-7-8-9 and 10 in block No. 12 in the Town of Rochelle Wilcox County Georgia to have and to hold said property for and during her natural life with limitations over to my four children Walter E. William G. Mildred T. and Annie Wilmer Brown said property herein devised to be equally divided among my said children after the death of my said wife.

Item Two

I give and bequeath to my son Walter E. Brown City lot No. 2 in block No 13 the West half of City lot No. 3 in block No 13 and lot No. 2 in block No. 14 in the town of Rochelle Wilcox County Georgia.

Item Three

I give and bequeath to my son William G. Brown all of lot of land No 99 Containing 490 acres more or less and 8 acres of lot of land No 98 both of said lots lying and being in the First District of Wilcox County Ga and known as the Green place. The 8 acre tract referred to in this item is all the land I won and possess in said lot No. 98.

Item Four

I give and bequeath to my daughter Mildred T. Brown 100 acres of lot of land No 91 in the First District of Wilcox County Ga the same being all of the land held and possessed by me in said lot and known as the Vinson place also 60 acres of lot of land no 211 and 90 acres of lot of land No 205 each of said tracts lying and being in the Twelfth District of Wilcox County GA and known as the Smith place said 160 and 90 acre tracts being all of the land held and possessed by me in said respective lots.

Item Five

I give and bequeath to my daughter Annie Wilmer Brown 88 acres of lot of land No 277 in the Eighth District of Wilcox County Ga known as the Weeks place and being all of the land in said lot owned and possessed by me. Also City lots nos. 18-19 and 20 in block No. 17 in the town of Rochelle Wilcox County Ga and also 50 by 100 feet in the South West corner of block no. 13 in the town of Rochelle Wilcox County Ga.

Item Six

It is my will and desire and I hereby direct that the Brown Banking Co. of Rochelle Wilcox County Ga be continued as at present with my son Walter E. Brown as president and at a Salary of $100.00 per month and house rent of $25.00 per Month the said banking business is to be continued so long as it pays all operating expenses and earns an annual dividend of 8% any annual dividend above 8% is to be passed to the Surplus fund. It is my will and desire and I hereby direct that said banking business be wound up and the assets thereof be equally divided between my four children herein before named on the first failure to pay operating expenses and an annual dividend of 8%. My purpose and intention being that said business shall be continued and conducted under the conditions here before stated in the town where said business is now located so long as the business pays an annual dividend of 8% over and above all expense but that it shall be liquidated and its assets divided as herein before provided in this item of my will as soon as it fails to earn and pay an annual dividend of 8% above all operating expenses.

Item Seven

It is my will and desire and I hereby direct that the Mercantile Business of W.G. Brown & Co. including all of its stock notes accounts and assets of whatever character and description be held together and continued under the management and supervision of my friend T.C. Well at a Salary to him of $100.00 per Month and Commission of 10% of the net profits earned by said Mercantile business 90% of the Net profits of said business are to be paid over to my wife Mrs. W.G. Brown annually to be used in the support education and maintenance of my said wife and her children herein before named. It is my Will that said business be conducted within the town of Rochelle Wilcox County Ga and that said business be conducted as it now exists or should said business be incorporated by me or during my life time that it be continued as a Corporation after my death. In the event said mercantile business fails to show a net profit of 10% at the end of any year after my death it is my will and desire that said mercantile business be liquidated and the entire proceeds thereof said assets paid over to my wife Mrs. W.G. Brown it being my intention that said business shall be liquidated and disposed of as herein provided at the end of the first year in which it fails to show an net profit of at least 10% upon its present investment or upon such capitol as it may have should it be incorporated by me during my life It is my intention further and I hereby will and direct that said mercantile business pay to my son Walter E. Brown a monthly rental of $75.00 for the use of its present location.

Item Eight

It is my will and desire that all other property not herein mentioned and devised including all my life insurance go to my wife Mrs. W.G. Brown for her use and benefit during her life time and that all of the property divided under this item of my will be equally divided between my four children upon the death of my wife. It is my will and desire that all of my debts if any I shall leave be paid by my executrix hereinafter named out of the proceeds of my Life insurance policies, and the remainder of all property herein devised by this item of my Will including the remainder of my life insurance be divided equally among my four children herein before named upon the death of my said wife.

Item Nine

I hereby constitute and appoint my beloved wife Mrs. W. G. Brown as sole Executrix of this my last will and testament and as guardian of my four children herein before named or such of them as may not have reached their majority at the time of my death and it is my wish and will that she give bond both as executrix and as guardian of my several children in an approved security company conditioned as required by law said bond to be reasonable in amount.

Full and express power to sell any of my property not specifically devised and referred to in my last will is hereby given to my executrix and she shall not be required to obtain any order to sell any or all of said property real or personal and she may likewise sell the same at public or private sale. It is my wish and will that my said wife manage and control my said estate as executrix and the property of my said children as guardian or such of them as may not have reached their majority at the time of my death in the best interest of my estate and of my heirs including my wife and that she use her best judgment in Administering my estate in accordance with the terms an Conditions of this Will and I recommend and wish her to Consult my friend W.F. George of Vienna Ga in carrying out the terms and conditions of my will and in the making of all sales and in changing the status of any of the property which she is permitted to sell under my will so long as he remains a resident of the State of Georgia and is conveniently accessible to my executrix . This last wish is not a condition or limitation upon the rights of my executrix to manage control and execute this my last will but is in the nature of a wish and recommendation to my said wife. In testimony whereof I have hereunto set my hand this the 10th day of March 1014.

W.G. Brown

 

Signed and published by W.G. Brown as his last will and testament in the presence of the undersigned who subscribe our names hereto as Witnesses at the instance and request of said testator and in his presence and in the presence of each other we and each of us signing our names after the said W.G. Brown had signed his This the 10th day of March 1914.

T. M. Bennett

P.J. Leonard

W.F. George

 

Source: Will Book 1858-1957 page 124-126

Film No. 271348

transcribed by Janet Moore
to provide free research
to Wilcox County families.
 
 

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