It was written in January of 1862, a month after the death of his wife. He died in the following October.
Here is a breakdown of who he gave money too and how much.
Name
|
Amount
|
Value in 2019 Dollars
| Reason |
David Sanders |
$1,000
|
$25,000
| Father |
Amy W Sanders |
$1,000
|
$25,000
| Mother |
Eleanor Baxter Sanders |
$8,000
|
$201,000
| Adopted Daughter |
Lucy A. Reed Sanders |
$8,000
|
$201,000
| Adopted Daughter, daughter of Sarah Wheeler Sanders |
Everett Baxter Sanders |
$8,000
|
$201,000
| Adopted Son |
Lucy S. Sanderson |
$5,000
|
$126,000
| Sister |
Sarah W. Sanders |
$5,000
|
$126,000
| Sister |
Jane Caroline Reed |
$1,000
|
$25,000
| Niece |
Albert David Sanders |
$1,000
|
$25,000
| Nephew |
Henry L. Tileston |
$1,000
|
$25,000
| Brother-in-law |
Children of Henry L. Tileston |
$1,000
|
$25,000
| Brother-in-Law's children, the $1,00 is split among them. |
Haydenville School District |
$5,000
|
$126,000
| Setting up a trust to support the school district |
Haydenville Church Society |
$5,000
|
$126,000
| Setting up a trust to support the church society |
American Board of Commissioners of Foreign Missions |
$5,000
|
$126,000
| Donation |
American Home Mission Society |
$5,000
|
$126,000
| Donation |
American Tract Society, Boston |
$2,000
|
$50,000
| Donation |
American Tract Society, New York |
$2,000
|
$50,000
| Donation |
Total |
$64,000
|
$1,600,000
|
So, if all of the will paid out it would have been worth $64,000. That translates to $1,600,000 in 2019 dollars. He made sure to cover his parents, adopted children and sisters. He then tried to cover the rest of the family. There is some interesting twists on school district. He was definitely interested in covering the village of Haydenville. This was where his factory was located.
The will also shows what happened to Sarah Wheeler Sanders' daughter Lucy Amy Reed. It looks like Albert and his wife adopted her after she was born. The family story of Albert adopting Sarah's son Albert David Sanders doesn't appear to be true, because he calls him his nephew.
There are about 705 pages to the probate record available online. I suspect there is a lot of valuable information in there but it is hard to dig through it. I might dig in deeper in the future.
Note: The value calculations where done on the Measuring Worth website.
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