MARX, Elizabeth – Will (1947)

Wills and Probate Records
Marx, Elizabeth – 1947

Estate of Emma R. Reuflin
File Number 71P7081
Docket 760, Page 529

LAST WILL AND TESTAMENT OF ELIZABETH MARX

I, ELIZABETH MARX, of Chicago, Illinois, declare this to be my last will and revoke all other wills and codicils that I may have made.

ARTICLE I — All inheritance, estate and succession taxes payable by reason of my death with respect to property passing under my will or any codicil, insurance on my life, United States savings bonds (however held) and property held by me jointly with any person with right of survivorship, and with respect to the interest therein of any person, shall be paid out of and be charged generally against the principal of my residuary estate, without reimbursement from any person.

ARTICLE II — give and bequeath:
1. To my sister EMMA REUFLIN, if she survives me:
a. The sum of Ten Thousand Dollars ($10,000.00)
b. All sums standing to my credit in any checking or savings account in a bank or in any share account in a savings and loan association;
c. All my personal and household effects such as jewelry, clothing, automobiles, furniture, furnishings and silver; and if she does not survive me the property herein bequeathed to her shall be distributed as part of my residuary estate.
2. To FLORENCE MARX ROSS, daughter of my late husband Simon Marx, if she survives me, the sum of Two Thousand Dollars ($2,000.00), and if she does not survive me said sum shall be distributed to her descendants per stirpes.
3. To ROBERT M. ROSS and DOROTHY R. MOOG, children of Florence Marx Ross and Bernard A. Ross and grandchildren of my late husband Simon Marx, the shares of stock of Hertz Corporation and the shares of stock of Fifth Avenue Coach Lines which at the date of my death are standing in the name of B. A. Ross as trustee. Said shares of stock shall be distributed to said beneficiaries in equal shares and if either of said beneficiaries does not survive me the shares bequeathed to said predeceasing beneficiary shall go to his or her descendants per stirpes, and if said predeceasing beneficiary leaves no descendants then surviving, the said shares of stock shall go to the survivor of said beneficiaries.
4. To SUZANNE MARX SHERMAN, the granddaughter of my late husband Simon Mars, the sum of Ten Thousand Dollars ($10,000.00).
5. To ADELE ADLER MARX, the widow of Sidney Marx, the son of my late husband Simon Marx, the sum of Two Thousand Dollars ($2,000.00).

ARTICLE III — All the rest, residue and remainder of my estate, being all property, wherever situated, in which I may have any interest at the time of my death not otherwise effectively disposed of, I give, devise and bequeath in equal shares to my nephews, LESTER F. WILLIAMS and EDWARD R. WILLIAMS, and in the event either of said nephews does not survive me, the share herein bequeathed to said predeceasing nephew shall be distributed to his descendants per stirpes.

ARTICVLE IV — I HAVE MADE NO PROVISION HEREIN FOR Sidney J. Marx, a grandson of my late husband Simon Marx, but I herein state that I am presently holding United States Government bonds in which he is named as an owner or as a beneficiary.

ARTICLE V — appoint my nephew EDWARD R. WILLIAMS as Executor of this will and in the event of his death, inability or resignation or refusal to act as Executor, I appoint my nephew LESTER F. WILLIAMS as Successor Executor. The Executor shall have the following powers and any others that may be granted by law, which may be exercised in his discretion without court order;
(a) To retain any property of my estate.
(b) To sell any real or personal property of my estate, for cash or on credit, at public or private sales, for any purpose; to exchange any such property for other property; to grant options to purchase or acquire any such property; and to determine the prices and terms of sales, exchanges and options.
(c) To employ attorneys, auditors, depositaries, proxies and agents, with or without discretionary powers; and to keep any property in the name of an executor or a nominee, with or without disclosure of any fiduciary relationship, or in bearer form.
(d) To collect, pay, contest, compromise or abandon claims of or against my estate, wherever situated; and to execute contracts, conveyances and other instruments, including instruments containing covenants and warranties binding upon and creating a charge against my estate, and containing provisions excluding personal liability.
(e) To make any distribution or division of my estate in cash or in kind or both.
(f) To allot different kinds of disproportionate shares of property or undivided
interests in property among the beneficiaries, and to determine the value of any such property.

IN WITNESS WHEREOF, I have hereunto set my hand and seal this 15th day of Sept., 1960.
Elizabeth Marx (Seal)

The foregoing instrument, consisting of four (4) typewritten pages this page included, was signed, sealed, published and declared by ELIZABETH MARX, Testatrix therein named, s and for her Last Will and Testament, in our presence and in the presence of each of us, and at the same time at her request and in her presence and in the presence of each other have hereunto subscribed our names as attesting witnesses this 15th day of September, 1960, and we do hereby certify that at the time of the signing of said Will by ELIZABETH MARX we believed her to be of sound and disposing mind and memory.
Gloria Tadman Residing at 3400 W. Washington Blvd., Chicago, Illinois
Joseph Stein Residing at 1349 Lincoln Ave., Highland Park, Ill.
Thomas E. Moran Residing at 7139 Paxton, Chicago, Illinois.


 

Contributed May 2000 by Polly Weldon Siegel [Elizabeth (Reuflin) Marx died 22 Aug 1971 in Chicago, IL.]

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