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Washington Square
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Washington Square
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  • The second was a codicil, of recent origin, maintaining the annuities to Mrs. Penniman and Mrs. Almond, but reducing Catherine’s share to a fifth of what he had first bequeathed her.

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  • The annuity does not increase with inflation.
  • The annuity is fixed and insured, but if the economy gets bad enough, the annuity can decrease.

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