Word: canaday
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...cost overrun on the construction of Canaday Hall will absorb the $70,000 estimated surplus from the operation of the dormitory this school year, administration officials said yesterday...
Bruce Collier, assistant dean of the College for Houses, said yesterday that the loss of the Canaday Hall income was reflected in the projected $400,000 to $600,000 deficit in the housing account for 1974-75 that he reported last month...
Dean Whitlock said yesterday that the administration learned that it would lose the Canaday revenues when cost overruns on the construction of the building mounted in late summer...
...Chase N. Peterson '52, vice president for alumni affairs and development, explained yesterday that when Ward M. Canaday '07 agreed a year and a half ago to pay for the dormitory, only about half of the gift was delivered then in liquid assets and property...
Peterson said that Canaday also signed what was in essence a contract to yield the rest of the gift upon his death. Canaday is now 89 years...