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Trust agreement with Eleanor Patterson, 1932 - 1933

 Item — Box: 1, Volume: 1

Scope and Contents

  • 1. Two printed copies of the agreement of 1932-05-05 under which the McCormick-Patterson trust was created with $8,000 and 10 shares of Tribune stock conveyed by Eleanor Patterson, who thus became beneficiary of the trust; and of the 1932-05-06 agreement under which Robert R. McCormick likewise conveyed 10 shares and became a beneficiary
  • 2. Printed copy of the 1932-05-06 agreement among the two trustees (R.R. McCormick and J.M. Patterson), the two beneficiaries, and all five other heirs of Joseph Medill under which all Tribune stock to be inherited by any of them would be turned over to the Trust, they becoming beneficiaries
  • 3. Carbon copies of four agreements of 1933-09-07 under which the four immediate heirs conveyed to the Trust the stock they had inherited from the Medill Trust: Robert R. McCormick, J.M. Patterson, and Eleanor Patterson 262 1/2 shares each, and Katherine August McCormick 87 1/2 shares. Total conveyed: 875 shares
  • 4. Copies of dividend directives: 1932-05-16 (half to R.R. McCormick, half to Eleanor Patterson; (see minutes of the 1932-05-06 meeting in #8); 1933-09-08 (dividends from McCormick's original 10 shares to go to his wife Amy); 1933-09-09 (covering all five beneficiaries)
  • 5. Annuity to William Medill (see minutes of the 1933-09-09 meeting in #8). Separate authorizations from each beneficiary; original from Katherine August McCormick; copies of the others, all dated 1933-09-09
  • 6. Copy of Ruth Hanna Simms' conveyance to the trust on 1933-12-30, of 175 shares as guardian for Ruth Elizabeth and Medill McCormick, and of McCormick-Patterson directive of 1934-05-24, that dividends go to Mrs. Simms as guardian
  • 7. Copy of 1934-05 authorization for D.M. Deininger to enter the Trust's box in the Lake Shore Bank
  • 8. Original signed minutes of three meetings of the trustees: 1932-05-05 (allocation of dividends); 1932-05-22 (regarding their proxy); 1933-09-09 (annuity to William Medill)
  • Dates

    • 1932 - 1933


    Conditions Governing Access

    There are no restrictions on use of the materials in the department for research; all patrons must comply with federal copyright regulations.


    From the Collection: 1 Boxes

    Language of Materials

    From the Collection: English

    Library Details

    Part of the Charles Deering McCormick Library of Special Collections Repository

    Deering Library, Level 3
    1970 Campus Drive
    Evanston IL 60208-2300 US