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<br /> � T XI RD
<br /> I hereby qive, devise and becueath unto my beloue� ,
<br /> mife, PJeI1 Y. Eeltaer, a11 my personal effects and any and
<br /> a11 automobiles ou�ned b� me at the ti�e o,j m.y dea�h� to be ,
<br /> hers absolutely; the household .�urniture is notv cwned b�
<br /> her absolutely. '
<br /> FO URT�%
<br /> In the eu�nt m� beloved +ni,je, h'e11 11. Beit,�er, aha?1
<br /> auruive me, then I do hereby qiue, deuise and becueath unto
<br /> her a portion o,j my estate in accordunce a�ith the follo�ing
<br /> f o rmuI a:
<br /> (a� There sha11 .Pirst be ascertained tne �a1ue of �:y+
<br /> gross estate, nat including any pronertu rot ad�
<br /> ministered in m}/ estat.e.
<br /> (b) There sha1Z ;�e deducted ,From such value the amoun�
<br /> of aI1 ,�isneral eWpenses, e.zpenses o,f actministeriny
<br /> �sy estate and c�aims aqainst m� esta�e, but not
<br /> includ�ng, ho;�ever, any Federal �state tayes, �±a±�
<br /> Inheritance ta�fs, or ot%:er ir.her:iances9 Zegacies9
<br /> succession or es�ate ta.res .
<br /> (c� There sha11 then he naid to my snid �;ife, either in
<br /> cash or property, one-fourth o,f my said estatet s�
<br /> determined according t: t.he ,for�zuia.
<br /> �d� jly said �otife si�a11 have the ri�hi �v seiect u;hat
<br /> property she desires to taka in .9at�sfa�tion c�
<br /> sazd one-fourth, �ot, '�c�u�,�ver, incl �iding 3r.� stvck
<br /> held b�� me at the ti��e c.P my� death in t.he "rand
<br /> Island Trust Company; the valuationg 'i�e�i and
<br /> finally determi�ed ,ror �'e.�'.erc1 estate ta.�es upnr�
<br /> �ty estate sha11 te ,j'inal anci binding, and shs na;� �
<br /> electe� to take any prvperta as Dart o,P said one-
<br /> fourth at said ualunticn.
<br /> FIFTH
<br /> Fram the rest, residue and re;r�a :nder of ns� esta!:e th�n
<br /> remuintng, there aha11 then be Daia i-.he Federal �state and ilt��t�
<br /> �nheritance ta�es and other inheritance, Iegacy, successi.�r� o;�
<br /> estate duties, i.j any, includino an� state inheritanc� tar�s
<br /> upon any 3eqacies in this �i1I or in an� Codicil ihereto unt�s�
<br /> there be speci,Picaily set ,rorth in said Codicil that the 1�gm
<br /> ac�es sha11 be sub,ject to at,ate In,�eritance taxes, and aft�r
<br /> said papments have been �nde, then I :7o herebu c�iue, devis�
<br /> and bequeath_ the resic�ue �f my estate to the Grand Island
<br /> Trust Cotrtpan� in trust, ho�ever, to the �'ollorving uses and �ur-
<br /> poaea r
<br /> 1.' To pay the net income therefrom semi-annuallb to
<br /> my beloved wife, 1Ve11 L. Beltzer, for the term of
<br /> her natural 1 i,je.
<br /> ,2, Upon her death, to pay over and de_liver the asse�s
<br /> of the `truste estate to m� three chil�iren, James
<br /> ` Bel'tser, Joanne t3elt�er F1or� and fiil.i iam beltxer,
<br /> sha're and share a1 ike, and the i r issue by ripht of
<br /> representati on. .
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