Trust Benefits
p. 50 · Read in the full issue
From Will
The value of the estate of Mr. J. P. Bayly was estimated after his death at £500,000, a fortune which probably made Mr. Bayly, in his lifetime, the wealthiest individual in Fiji.
The final figure is, however, subject to revaluation of free hold properties Mr. Bayly held when he died.
In his will Mr. Bayly made a number of bequests to nieces and provision for old em ployees, and for the three children of a former manager.
Included in the bequests are £l,OOO for the Suva Youth Centre, £l,OOO to the Home of Compassion and £5OO to the Suva City Council to establish a reference library on tropical agriculture. The Suva City Council will also receive a sum to erect a clock in the central part of Suva as a memorial to his father, once an elected member of the Suva Town Board, and to himself, once an elected member of the old Suva Municipal Council.
After provision for the be quests and payment of estate and succession duties, the resi due of the estate will go to the J. P. Bayly Trust, a charitable institution.