BIG BEQUESTS.
A MILLION FOR HOSPITAL FUND.' #Y TELEGRAPH —MESS ASSOCIATION— COPYItIGinT ■ ! London, May 27. Lord Mountstephon has given the King's. Hospital Fund another £7000 a year, making his total contribution over £30,000 a year, or, in the bnlk, over a million sterling. Ho advises'the Finance .Committee, that, if they decide on changing the securities in which his contributions are, now invested, that they should not reinvest, in trustee se- • curities. i t n " ia { ■ ■ V THE f'JND AMD THE. DONOR. Baron Mouj Jsteplicn (born George Stopheh) built up his career in Canada," as did Lord Strathcona. Lord Mountstephen, who has, no heir, made largo ; gifts to London hospitals in 1902, and later on was associated with * Lord Strathcona.in giving the King's Hospital Fund an endowment of ,£16,000 a year: The fund which benefits so., largely ' by Lord Mountstephen's generosity was founded in 1897, on tho ihitiativo of'tho then Prince.of Wales, to commemorate the 60th anniversary of Queen 1 Victoria's reign. To the end of 1906 the total received by the Fund ;ivas GG0,531; awards, JC725.326; invested funds (including gifts to capital), .£975,000. Liko/Lord Strathcona,: Lord Mountstephen'has served on-the directorate of the Canadian Pacific and other Canadian railways. * Another. ■ point of similarity ; between, tlieso two great 'Canadian-Imperial personalities is'.their remarkable activity at advanced age. Lord Mountstephen being 7S years of age, while that strenuous Impcralist, Lord Strathcona, is actually nine years'older.
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Bibliographic details
Dominion, Volume 1, Issue 210, 29 May 1908, Page 7
Word Count
231BIG BEQUESTS. Dominion, Volume 1, Issue 210, 29 May 1908, Page 7
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