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PROBATE OF THE WILL OF RICHARD REED

THIS IS THE LAST WILL AND TESTAMENT of me RICHARD REED of Lostwithiel in the County of Cornwall Merchant and Lime Burner.
I GIVE and bequeath unto my wife Elizabeth Ann Reed and my son John Reed and John Richard Collins of Bodmin Solicitor ALL my Real and Personal property Subject to the payment of my just Debts Funeral and Testamentary expenses UPON TRUST that the said Elizabeth Ann Reed John Reed and John Richard Collins or the survivors or survivor of them or the executors administrators or assigns of such survivor hereinafter called “Trustees” shall in their or his discretion permit the same or any part to remain Invested in the Lime Coal and Merchants Business of my son Richard Reed (or otherwise on loan to him)or as the same shall be invested at my decease with power to lend him further money for the Business on such Personal or other Security as they see fit and with power to invest any part of my Trust Estate as Trustees are permitted to invest by law, or on the Securities or Fund of any Colony or Dependency of the United Kingdom or on Leasehold Securities in England or on the Debentures or Debenture Stock of any Railway in Great Britain. And upon further Trust to pay the sum of £100 each to each of my three children HARRIET REED, MARY TREFFRY HAWKENS REED and ALICE REED and £150 to my son REGINALD GEORGE REED as each attains the age of twenty one years and shall pay the Income of my Trust Real and Personal Estate (subject to the payment of my Debts Funeral and Testamentary expenses as aforesaid, and aforesaid Legacies) to my Wife Elizabeth Ann Reed during her life Subject to the obligation of her maintaining educating and clothing my younger children till such child shall attain the age of twenty one years AND after the decease of my Wife I direct my son John Reed and John Richard Collins or the survivor of them or his representatives their or his assigns to sell my Real and Personal Estate and get in and convert the same into money and divide the same equally among all my children living at the attainment of majority of my youngest child. I declare that if any child of mine shall previously to the attainment of majority of my youngest child leaving issue living at the attainment of majority by my youngest child Such issue taking any substitution and equally between them if more than one AND I declare that my Trustees may advance or raise on any part exceeding one half of the expectant share or fortune of any child of mine after attainment of seventeen years of age for the advancement in the world of such child. I give my Trustees power to Lease any of my Real or Leasehold property. I appoint my said wife Elizabeth Ann Reed and my son John Reed and John Richard Collins EXECUTOORS of this my Will. AND I declare my meaning to be that my Trustees shall retain my real and personal property as they in their discretion shall think most advisable and that they shall not be responsible for money or property lent to my son Richard Reed, and to sell the same by Public Auction or provide Contract in the usual manner as and when they think fit. I declare that Mr John Richard Collins may make and be paid his professional Charges in connection with my estate. IN WITNESS whereof I have hereunto set my hand this 1st day of May 1888

Richard Reed

SIGNED published and declared by the Testator as and for his last Will and Testament in the presence of us, who in the presence of each other have hereunto subscribed our names as Witnesses
Charles Lobb
Joseph Matthews

(Attached to above will. MMc)

Probate The District Registry at Bodmin  

IN HER MAJESTIES HIGH COURT OF JUSTICE
BE IT KNOWN, that at the dte hereunder written, the last Will and Testament (a copy whereof is hereunto annexed) of Richard Reed late of Lostwithiel in the County of Cornwall Merchant and Lime Burner deceased who died on the 2nd June 1888 at Lostwithiel aforesaid and who at the time of his death had a fixed place of abode at Lostwithiel aforesaid, within the District of the County of Cornwall was proved and registered in the District Registry attached to the Probate Division of Her Majesties High Court of Justice at Bodmin and that Administration of the personal estate of the said deceased was granted by the aforesaid court to Elizabeth Ann Reed, widow the Relict and John Reed the son, two of the Executors named in the said will they having been first sworn well and faithfully to administer the same. Power reserved of making the like grant to John Richard Collins the other Executor named in the said will.
And it is hereby certified that an Affidavit in verification of the Account of the said estate has been delivered wherein it is shown that the gross value of the said estate amounted to £1182 11 5 and no more
Dated 11th day of March 1889
John Bassett Collins
District Registrar

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Contributed by Malcolm McCarthy, (Malc in Sunny Padstow), who has the original document.