Encyclopedia Titanica

TITANIC VICTIM'S ESTATE

New York Times

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Edgar J. Meyer Left $542,242 to Widow and Baby
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The accounting of the estate of Edgar J. Meyer, member of the Stock Exchange brokerage house of Eugene Meyer, Jr., & Co., at the time of his death on the Titanic, has been completed and will be filed in a few days in the Surrogates' Court by the executors, Eugene Meyer, Jr., and Edgar J. Meyer. It shows a total principal of $542,242.

The entire estate goes to the widow, now Mrs. Leila S. Ranger of 970 Park Avenue, and her infant daughter, Jane Meyer. Payments to the widow for her benefit and that of her daughter, amounting to $169,928, have been made. The yearly income, May 25, 1912, to May 25, 1913, amounted to $23,815, of which $14,067 had been paid to the widow, according to the report.

The rest of the estate, which constitutes a trust fund, turned over by the executors to themselves as trustees, amounts to $342,291. There is inexpended cash in the executors' hands amounting to $3,781, the report shows. The debts of the estate amounted to $17,740, and the transfer tax was $8,500.

Related Biographies

Edgar Joseph Meyer
Leila Meyer

Contributors

Mark Baber, USA

Citation

Encyclopedia Titanica (2004) TITANIC VICTIM'S ESTATE (New York Times, Wednesday 3rd February 1915, ref: #3095, published 27 June 2004, generated 19th October 2021 09:50:13 AM); URL : https://www.encyclopedia-titanica.org/titanic-victims-estate-1.html