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[newspaper clipping] HER GIFT IS A HUGE FORTUNE

Thirty Million Dollars in Real and Personal Property Mrs. Stanford's Offering to University

Special to The Inquirer.

SAN FRANCISCO, Dec. 9. - To-day Mrs. Jane L. Stanford, widow of the late Senator Leland Stanford, transferred to the Stanford University by deed bonds, stocks and real estate valued at $30,000,000, the largest single gift ever bestowed on any institution of learning. Of this amount half consists of gilt-edged bonds and stocks paying a large revenue.

The real estate deeded to the University comprises much of the property originally given by Senator Stanford, but the deeds of which were found to be illegal. The bonds include many securities that have doubled in value within a few years, and the accumulation of these and other stocks since the death of her husband. The real property deeded includes no less than 900,000 acres in about twelve counties of California, and comprises the great Vina ranch of 52,000 acres.

Gives Her Home to the University

A third deed conveys to the University Mrs. Stanford's home, on the summit of Nob Hill, one of the most finely decorated houses in San Francisco, which, with the big lot, is worth $400,000. This will eventually be converted into an art gallery and museum. Despite these big gifts, Mrs. Stanford has retained property worth several millions, so that she will be able to provide for many charities.

This gift places Stanford University in the first financial rank among the great universities of the world, and will enable it to carry out many projected improvements.