TWO RECEIVE SHARES IN ELKINS 27 MILLION
New York Times
G. D. Widener and Mrs. Dixon of Pennsylvania to Get Income From $13,500,000
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Special to THE NEW YORK TIMES
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NORRISTOWN, Pa., Aug. 10---George D. Widener of Whitemarsh and his sister, Mrs. Eleanor Widener Dixon of Elkins Park, have inherited their share of the $26,978,118 estate of their maternal grandfather, the late William L. Elkins, traction owner, following the death in Paris last month of their mother, Mrs. Alexander Hamilton Rice of New York and Newport.
Already heirs to part of the $60,000,000 fortune left by P. A. B. Widener, their paternal grandfather, they will share the income from $13,500,000, Mrs. Rice's half share in her father’s residuary estate.
Mr. Elkins, who died in 1903, left $30,000,000. The death of Mrs. Rice, wife of the explorer and widow of George D. Widener, who went down on the Titanic, has necessitated an accounting of the Elkins estate. This will be filed in the Orphans Court of Montgomery County here soon.
In addition to their inheritances from their grandfather's estate, Mr. Widener and Mrs. Dixon each received outright one-third of the estate of their father, Mrs. Rice receiving the other third.
At the last accounting of the Elkins estate, filed because of the death of Sidney F. Tyler, surviving trustee, and audited in June, 1936, a balance of principal of $26,978,118, composed of unconverted investment securities and cash, was shown in the trust.
Mrs. Dixon was divorced last Fall from Fitz Eugene Dixon.
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Special to THE NEW YORK TIMES
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NORRISTOWN, Pa., Aug. 10---George D. Widener of Whitemarsh and his sister, Mrs. Eleanor Widener Dixon of Elkins Park, have inherited their share of the $26,978,118 estate of their maternal grandfather, the late William L. Elkins, traction owner, following the death in Paris last month of their mother, Mrs. Alexander Hamilton Rice of New York and Newport.
Already heirs to part of the $60,000,000 fortune left by P. A. B. Widener, their paternal grandfather, they will share the income from $13,500,000, Mrs. Rice's half share in her father’s residuary estate.
Mr. Elkins, who died in 1903, left $30,000,000. The death of Mrs. Rice, wife of the explorer and widow of George D. Widener, who went down on the Titanic, has necessitated an accounting of the Elkins estate. This will be filed in the Orphans Court of Montgomery County here soon.
In addition to their inheritances from their grandfather's estate, Mr. Widener and Mrs. Dixon each received outright one-third of the estate of their father, Mrs. Rice receiving the other third.
At the last accounting of the Elkins estate, filed because of the death of Sidney F. Tyler, surviving trustee, and audited in June, 1936, a balance of principal of $26,978,118, composed of unconverted investment securities and cash, was shown in the trust.
Mrs. Dixon was divorced last Fall from Fitz Eugene Dixon.
Related Biographies:
George Dunton Widener
Eleanor Widener
Contributor
Mark Baber
