GIFT TO UNIVERSITY
SUM OF £lO,OOO [ Per Press Association. ] CHRISTCHURCH, July 5. A sum of approximately £lO,OOO has been bequeathed to the University of New Zealand under the will of Mr L. B. Wood, of Christchurch, who died last Sunday. It is the w’ish of the testator that this sum be invested and the income used to provide a research and travelling scholarship tenable by graduates of any of the constituent colleges of the University of New Zealand. The will directs that a fund be set up, to be known as the L. B. Wood Travelling Scholarship Fund, and stipulates that the sum shall not become available for investment until the life interest of two beneficiaries shall cease. No specified field of research is stipulated.
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Bibliographic details
Wanganui Chronicle, Volume 77, Issue 158, 6 July 1934, Page 5
Word Count
125GIFT TO UNIVERSITY Wanganui Chronicle, Volume 77, Issue 158, 6 July 1934, Page 5
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