President [Heber J.] Grant came into the Beehive house yesterday afternoon to inquire as to father’s [i.e., Joseph F. Smith’s] condition and I suggested that he go in and speak to him, but he said he did not want to disturb him. I said, you had better wait and see him, as it may be your last chance to speak to him. Father being awake, I told him Bro[ther]. Grant was there, and he directed me to tell Bro[ther]. Grant he wanted to see him, and when Bro[ther]. Grant entered the room he took him by the hand and said, “The Lord bless you, my boy, the Lord bless you, you have got a great responsibility. Always remember this is the Lord’s work, and not man’s. The Lord is greater than any man. He knows who[m] He want to lead His Church, and never makes any mistakes. The Lord bless you.†This was the last message that President Smith delivered to anyone. BEQUEST of property made to the church this date by the Estate of President Joseph F. Smith:â€"Joseph Fielding Smith this day, March 10, 1921, delivered to President Heber J. Grant as Trustee in Trust of the church the properties described in following communication, which is self explanatory. (Copy) March Tenth Ninteen hundred Twenty-one President Heber J. Grant, Trustee-in-Trust of the church of Jesus Christ of Latter-day Saints. Dear President Grant: President Joseph F. Smith left an undistributed estate in the hands of five sons Executors, which estate was appraised by the State of Utah and District Court Appraisers at a little over $82,000.00. The Government Estate and State Inheritance taxes, costs of administration, etc., have cost in the neighborhood of $55,000.00, leaving a comparatively small balance in the Estate; but what there is, the Executors feel (and this feeling in concurred in by all members of the family) should be turned over to the Church of Jesus Christ of Latter-day Saints, without reservation as to it use; but with thehope that it might be devoted to temple work or temple building. The residue of the Estate of President Smith is as follows: ...
[Source: David A. Smith, Typed Statement; Bequest, March 10, 1921]
According to DMQ, MH:EP, Appendix 2, p.697, the Estate of JFS-1 "appraised and net" was "$415,180.35".
ReplyDelete???
Here is the remainder David A Smith's Bequest statement, which contains financial information about Joseph F. Smith's estate:
ReplyDelete--
Stocks: Cents. Shares Company Par Value. 34-160 16 Knight Sugar Co. Ltd. $ 1,600.00 605 1 Oregon Portland Cement Co. 100.00 26-74. 188-227 32 Salt Lake Knitting Works 3,200.00 84 5 Salt Lake Dramatic Ass’n 500.00 24-76 115 San Vicente Lumber Co. Par $11,500.00 5,750.00 98 1000 Utah Lake Irrigation Co. 500.00 A-70589 1-Pfd Union Pacific Railroad Co. 100.00 A-163245 5-Com Union Pacific Railroad Co. 500.00 6 50 Utah Bond and Share Co. 500.00 18-24, 29, 46, 49, 11, 4-50 Wasatch Land & [I]mprovement Co. 500.00 Bonds: 171-172-271- 272-273-274- 275-276 8—$500.00 6% Mount Hood Railroad 4,000.00 Lands: Deed to five acre lot on Second West, [n]ear 12th South, Salt Lake City, Utah, described as follows: Being all of Lot 4 in Block 7, of the Five Acre Plat “Aâ€Â, Big Field Survey, containing five acres of land., Value $ 2,500.00 (We have not abstract for this land). (Taxes all paid to and including 1920) Deed to following lot in St. George, Utah. Part of Lot five in Block 97, Commencing at the North-East corner of said Lot, and running thence West 2 feet; thence South 10 rods; thence East 2 feet; thence North 10 rods to place of beginning. Lot One in Block 30 of Plat “Bâ€Â, St. George City Survey, as platted in the Official map of the City of St. George, Value $ 50.00 Total $19,800.00 In making this small bequest, the family all feels they are but doing what our Father would like to see us to, in the hope that it might be used to further, the Work to which his life was devoted. Very truly yours, (Signed) Joseph R. Smith Alvin F. Smith Joseph Fielding Smith David A. Smith Willard R. Smith Executors.
Thanks for the clarification. Looks like DMQ's data was WAY OFF!
ReplyDeleteBut there is still a discrepancy of $7,200. ($82,000 - $55,000 = $27,000 - $19,800 = $7200).
Quinn is working on a 3rd "Mormon Hierarchy" volume -- which will focus on church finances. Perhaps he will review this discrepancy.
ReplyDelete