Two bequests of considerable value were recently willed to the University by Professor C. S. Sargent '62, Director of the Arnold Arboretum and C.W. Holtzer of Brookline, who died recently, according to an announcement made in the current issue of the Alumni Bulletin.
Professor Sargent provided in his will that $20,000 be given to the President and Fellows of Harvard College and that the income be used to purchase books on botany and forestry for the Arnold Arboretum, of which Professor Sargent was the director for so many years.
Further, $10,000 is left to the President and Fellows under the provision that the sum is "to be invested and the income there of to be added to the principal for the during the term of 100 years from the date of my decease, and, at the expiration of said term, the principal sum, together with the accumulated interest, be divided into two equal funds". One of these is to be used for the care and maintenance of the Arberetum; the income of the other fund is to be added to the principal for an additional 100 years, when the income of the whole amount will be available for the Arboretum.
The will of Mr. Holtzer of Brookline, who died recently provides that after the life-time of Mrs. Holtzer Harvard University shall receive 500 shares of the stock of the Holtzer Cabot Electric Co., or its equivalent in cash, the income of which is to be used to establish fellowships for young men of German birth who, having received their preliminary education in Germany, desire to study in some department of Harvard. Mr. Holtzer was chairman of the board of the Holtzer-Cabot Co., a Highly successful Boston concern.