Word: endowments
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Lowell, who got Yaleman Edward Harkness to endow the magnificent Georgian houses along the Charles River (see cut), was not very tactful with many alumni. He had a habit of throwing their letters into the wastebasket unanswered...
Tyrus Raymond ("Ty") Cobb, whose ample baseball earnings (top: $70,000 in 1928), judiciously invested in Coca-Cola stock, have made him rich, gave $250,000 to build and endow a hospital in Royston, Ga., his birthplace...
...hats, perennial mauve carnation boutonnieres (two a day, four on Sundays, 39,000 in 47 years); in his partially blitzed London home. He loudly deplored the modern hatless, sweatered riders seen on Hyde Park's swank Rotten Row bridle path ("Hottentots!"), once launched a short-lived campaign to endow lectures on riding etiquette...
George Washington, who was first in war, peace and the hearts of his countrymen, was also first to endow a U.S. college with a sizable gift of securities. Washington and Lee University, reporting on the 100 shares of James River Navigation Co. stock (total par value: $20,000) which Washington got from a grateful State of Virginia and passed on in 1796 to Liberty Hall Academy (later renamed for him and General Robert E. Lee), said that it had yielded an average 6% from 1802 until 1892, when Virginia retired the stock at $500 a share. The University, having reinvested...
...cathedral was blasted. Within two days the airmen had raised $800 and turned it over to Father Reilly to help "build a new and greater St. Michael's after the war." By prevailing Melanesian building standards and wage rates, there should be some change left over to endow the postwar cathedral...