Word: bequest
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...outrage." In view of a number of inaccuracies and an apparent misunderstanding of the facts, I have come to the conclusion that your readers would want to know the background which certainly must have influenced the Corporation in its vote to use part of Mr. Allston Burr's generous bequest to build a new Varsity Club...
...think your readers should be informed that the building furnished will not exceed a cost of $250,000 nor is it expected that Mr. Burr's bequest will be in an amount as large as $1,500,000. There is no question but that Mr. Burr had a deep and sincere interest in Harvard, as evidenced by his statement to the CRIMSON which was quoted. His interest in Harvard athletics and in the Varsity Club was demonstrated by the fact that he had given the present Varsity Club in 1912. The record of his generosity shows his interest also...
What your editorial writer did not know was Mr. Burr's real interest and hope that some day the University might have a new Varsity Club. It is true that his bequest was legally unrestricted. The facts are, however, that for many weeks just prior to his death he was discussing with the executive committee of the Varsity Club its need for a new building and his desire to be helpful in securing...
...College. Many pressing needs exist and we all hope they will eventually be filled. I hope you will agree with me, however, that the wishes of a generous benefactor cannot be entirely ignored, and that it is therefore fitting to use part of Mr. Burr's munificent bequest for a purpose that I am convinced was close to his heart. James R. Reynolds, Assistant to the President...
When the self-insurer program started, $1,500,000 of Thomas W. Lamont's $5,000,000 bequest was transferred to an Insurance Reserve Fund. Profits from the insurance plan are expected to pay this sum back