Word: endowment
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Dates: during 1930-1939
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Gathered at a luncheon in Manhattan's decorous Bankers Club one noon last week were 50 of the nation's Biggest Businessmen. The occasion: to collect the first $1.000,000 of a $2,750,000 fund to build and endow a new swimming pool, dormitories, infirmary, library, auditorium for the Shanghai American School. Among those interested in what Principal Elam J. Anderson had to say were: Martin Egan, staff member of J. P. Morgan & Co.; Mo-tormaker Walter Percy Chrysler; Herbert Lee Pratt, board chairman of Standard Oil Co. of New York and his Vice President Howard Ellsworth...
According to F. E. Robinson, president of the association which is raising $5,000,000 to build and endow the university, there will be no let-up in the construction of the administration building and it will be completed just as rapidly as possible from subscriptions already obtained from admirers of William Jennings Bryan. It will not be ready for use in September, however, and the opening of the school this fall is made possible only by arrangements to use the high school building. N. Y. Herald-Tribune