Word: forested
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...last will and testament, released upon his death in 1949, Stillman instructed his caretakers "to have my remains cremated and the ashes scattered in Black Rock Forest, Orange County, New York." In the same document, he donated to the University the 3800-acre parcel of land that borders the Hudson River, along with a sizable endowment...
Thirty-four years later, Harvard began a campaign to sell the forest to a prominent New York environmentalist for $400,000, and to keep the endowment--which by then had grown to $2.5 million--to support another Harvard forest in Petersham, Mass...
Although the majority of the income from the Black Rock Trust Fund is now used for Petersham, under New York state law governing charitable trusts, Harvard must support the little-used Black Rock Forest for silviculture research. Harvard cannot invest heavily in the Petersham forest--and today, new funds for forestry are not readily available...
Harvard proceeded cautiously with the sale, unwilling to offend the family and friends or to violate the trust of a prominent donor. It secured a deal with a wealthy and respected philanthropist in New York, William T. Golden, who promised to use the forest for research and preserve Stillman's intentions...
...after a year of correspondence and compromise, the Attorney General's office is reportedly moving closer to supporting some deal for the sale of the Black Rock Forest. The office is a key party in arguing either for or against any such deal in the necessary court session for the dispensation of a charitable trust...