Ogden Standard-Examiner | 1925-02-24 | Page 8 | Offer Bill on School Gift

OFfER BILL BILt ON ONI O SCHOOL GIFT I To Incorporate for Aiding Aidin I Scholars in inI Research I I ALBANY N Y T reb Fob 24 In 24 Tn Incorporation corporation Guggenheim of the John helm heim memorial foun lIon l formed Ifor for the the advancement ancemont of I no l edge and of o beauty Is sought ought in a bill the tho th iture Monday by Senator I Courtlandt Nicoll and end Assembly Assembly- Assemblyman Assemblyman man Phelps Phelps Phelp both bolh n of ot New Kew York The Tho I is designed to provide proville for tor the tho is- is hI I sU nce of a 1 special charter to the I corporation I The Incorporators ot of o the foun l lion tion as named In the tho bill are lire head head- headed ed d by Simon Guggenheim former United States senator from front Cob Colorado rado who ho Sunday Ia announced a gilt glit of ot 3 to lo endow the th foundation fellowships for tor study ly abroad Othet incorporators an are Olga HIrsh I J rend II H Bro Dross nell Carroll A 55 Charles Chles D lilIes 1 Roger W Strau and Chorles Earle Jarle The corporation I Is formed the th bill explains for for tor time the purpose of receiving r and maintaining a fund or orI funds and applying the same sama on I the tho Income thereof to promote tho adv ment and ond diffusion of oC kno and understanding and the tho appreciation of beauty by aid aid- aidIng aidIng aid aiding ing without distinction on acCount of rice color or creed scholars I scientists and artists of o either Sl sax si In the tho prosecution of the tho labors and by such other lawful means os as the trustees shall from front time to time lime deem appropriate The bill goes on to state that no officer member or of this corporation shall receive pe- pe pe pl pecuniary profit from its operation except r reasonable compensation for In effecting on onor on one or mol mor more of Its purposes t- t The fellow fello ships to be he a aar ar by the foundation will take th form of a memorial to Mr fr Gug son who died In 1925 1922 preparing tor or Harvard uni university and foreign tor n stud I