Salt Lake Herald | 1899-06-03 | Page 6 | Mrs. Stanford's Gift

MRS STANFORDS GIFT The Property Is Said to be Worth Fully 838000000 San Francisco June 2S F Leib president of the Stanford university trustees is quoted as saying that the property deeded to that institution by Mrs Stanford is worth 38000000 and could be converted into 15000000 cash The gift to the trustees of 300000 shares of Southern Pacific stock will lot affect the management of the railroad rail-road The Searles and Crocker interests inter-ests in the Southern Pacific company ire pledged to protect the interests of he Stanford university It is understood under-stood that all of Mrs Stanfords remaining re-maining property will In course of time become part of the university endowment en-dowment Her health is poor and on Wednesday next she will start for Europe Eu-rope where she will remain for several months