Untitled Page 16
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2 revisions | shashathree at Jan 17, 2021 01:39 AM | |
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Untitled Page 16MILLIONS FOR BIG SCHOOL Mrs. Stanford Conveys Nearly $30,000,- San Francisco, Cal., Dec. 10. -- Deeds have been executed by Mrs. Jane L. Stanford conveying property valued at from $28,- The properties given to the university, now the richest in existence, are enumerated as follows: Interest-bearing stocks and bonds of the highest class, conservatively appraised at $18,000,000, and most bought with the following estimated possessions of two years ago; 285,000 shares of Southern Pacific stock at $40 a share, $11,400,000; 10,000 shares of Central Pacific stock at $25 a share, $250,000; 10,000 shares of Central Pacific stock at $57 a share, $570,000; Market Street Railway stock, $1,500,000; one -fourth interest in Pacific Improvement company, $7,000,000. Total $20,720,000. Real estate in twenty-six counties, aggregating about 100,00 acres of land, valued at $12,000,000; Vina ranch, Tehama county, 55,000 acres; enormous brandy and agricultural place; Gridley ranch, Butte county, 22,000 acres, largest wheat ranch in the world; Palo Alto ranch, Santa Clara county, 9,000 acres, famous stock farms; Stanford mansion, Nob Hill, San Francisco; Stanford residence, Since the university first opened its doors |