MR. BEIT'S WILL,

New Zealand Herald, Volume XLIII, Issue 13236, 23 July 1906, Page 5

MR. BEIT'S WILL,

ENORMOUS BEQUESTS

MADE.

CAPE TO CAIRO RAILWAY.

£615,000 TO EDUCATION AND

CHARITY.

By Telegraph.— Association.—Cq^yrisht.

(EeceiTed July 22, 4.53 p.m.)

' LojrDOX, July 21. The will of the late Mr. Alfred Beit is dated April, 1905. Underwit a fund of £1,200,000 is to be created for the furtherance of the railway and the telegraph between Capetown and Cairo. This fund .is to be administered by Mr. Otto Beit (brother), Mr. Julius Werhner. and Mr. R F. Hawkesley.

He also makes the following bequests : — ■.'.':;"

■''''■' :'•■■-''":■' ■ '■', £ University for Johannesburg... ... 200,000 Education and other purposes, Rho■i; desia, .... ; ... ' ... ... ... 200,000 Other educational purposes, South Africa. ...... ...... ... 75,000 London University College for technology r' ... ... ... ... ... 35,000 London University Institute of Medical Science ... <... ... ' ... 25,000 London Hospitals F::*id ... ' ... +0,000 Charitable purposes, London ... - "...' 20,000 Charitable purposes, Hamburg •' ... 20,000 ... The testator bequeaths the residue of the estate to his brother Otto.

The estate has been estimated at £7,000,000. Mr. Beit was a native of Hamburg, and he has left £20,000 to charities there. It will be observed that he has left no less for the furtherance' of his friend Cecil Rhodes' great scheme of railway and telegraphs from the Cape to Cairo, and that he has heavily endowed education in Rhodesia, in the development of which he took a great interest.