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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.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080529.2.62

Bibliographic details

Dominion, Volume 1, Issue 210, 29 May 1908, Page 7

Word Count
231

BIG BEQUESTS. Dominion, Volume 1, Issue 210, 29 May 1908, Page 7

BIG BEQUESTS. Dominion, Volume 1, Issue 210, 29 May 1908, Page 7

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