TO ENCOURAGE EDUCATION
SCHOOLMASTER'S BEQUESTS UNIVERSITY TO BENEFIT Provision is made in the will of the late Mr James Waddell Smith,' retired schoolmaster, for bequests totalling £2,000 for the purpose, of encouraging education, and of this amount the University, of Otago will benefit to the extent of £1,500. 1 It is set out-that the amount of £1,500 is to be held by the'University, for application in perpetuity for the promotion and encouragement of education at the University, which is ta establish and maintain a scholarship ,to be called “ The Waddell Smith Scholarship,” to the annual value! of;£so. It is provided that the scholarship should be awarded for proficiency in the subject of education, and any person ta whom the scholarship is awarded would be required to declare his or her intent tion of continuing in the profession of teaching in New Zealand. The scholarship is to be awarded at such interval! and on such terms as shall he prescribed by regulations to be made by the council. ' . A further sum of £SOO has been bequeathed to the Otago Education Board to be held by the board upon trust to invest and pay the net annual income arising to the head master of the High Street School to be applied a» follows:—£10, or one half of the net annual income, shall be awarded .in each year as a bursary or scholarship to be known as “The Waddell Smith. Bursary,” to each of tbgm, the boy and girl, in the senior class or standard at the school who shall be adjudged tha most suitable recipients by a committee, which shall have regal'd to tha scholastic ability and attainments of the candidates, their fondness for and success in appropriate outdoor sports, their personality and character, their popularity amongst their school-fellows, and the probability of the'ir being a credit to the school.
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Bibliographic details
Evening Star, Issue 21631, 29 January 1934, Page 8
Word Count
308TO ENCOURAGE EDUCATION Evening Star, Issue 21631, 29 January 1934, Page 8
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