News

The New Gen Ed Lottery System, Explained

News

Armed Individuals Sighted in Harvard Square Arraigned

News

Harvard Students Form Coalition Supporting Slave Photo Lawsuit's Demands

News

Police Apprehend Armed Man and Woman in Central Square

News

107 Faculty Called for Review of Tenure Procedures in Letter to Dean Gay

BEQUEST TO YALE COLLEGE.

NO WRITER ATTRIBUTED

The estate of the late Henry Farnam is estimated to be worth $4,000,000 or $5,000,000. It goes to the widow of the deceased and her four sons and one daughter. Upon her death and that of a son, Henry W. Farnam, who lives with her, the homestead in New Haven is willed in trust to Yale College, to be used as a residence by the president or one or more professors whom the president may designate. To maintain the house, that is, to pay insurance, taxes, etc., a plot of land adjourning the house, fronting 80 feet on Hillhouse avenue, and running 200 feet back to Whitney avenue, with a frontage on that street of 320 feet, is also wined to the college, with authority to sell it and devote the proceeds to the purpose intended. The house is a handsome one, in the most aristocratic part of the city, and the total value of the bequest is roughly estimated at $200,000, with the chances that, before the death of Mrs. Farnam and her son, the property will have largely increased in value. During his lifetime the late Mr. Farnam gave about $70,000 to Yale College, the most of it for a dormitory that bears his name.

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags