Word: moneyed
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Dates: during 1900-1909
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...Newport, two gifts to the University are provided for, amounting in the aggregate to about $800,000. The first bequest, in cash and securities, is of $300,000 for the remodelling and enlarging of Gore Hall. If, however, the Corporation does not deem it advisable to use the money for that purpose, it may be devoted to other ends...
Thirdly, the Corporation advances money needed for permanent fixtures and equipment, charging a rate of interest below the current income of its general investments, and distributing the sinking-fund payments over so large a number of years that, according to actual experience, they do not even keep pace with depreciation. In other words, the Corporation lends money to the Dining Association on a wasting or vanishing security. Moreover, with the plant in good condition, the income of the investment, to say nothing of the principal, is wholly dependent on the steady running of the Hall...
...announced that the Engineering Society will establish a fund to aid worthy students in engineering at Harvard University who take the prescribed summer work, it being the purpose to help such men as would otherwise have to spend the summer in earning money to keep them in College for the next year...
...Association. This, as its name implies, is not a corporation doing business as a cafe, but an association of students for the purpose of deriving the advantages of cooperation in obtaining board. It is not capitalized and does not own property. On the contrary, it is obliged to borrow money at interest to pay for its plant and the regular bills incurred. This money, instead of being borrowed from banks, is obtained from the Corporation of the University as a regular investment. The fallacy of the Illustrated Magazine's position appears when it calls the plant, bought with the borrowed...
...applications must be accompanied by bills, money orders, or checks made payable to the Harvard Athletic Association for $3 (front row seats) or $2.50, and a stamped, self-addressed envelope. Applications may be obtained at the office of the Athletic Association or at Leavitt & Peirce...