Yonkers, N. Y. (Sep. 13)
Considerable interest was being manifest here today as to whether Cornell University at Ithaca, N. Y., will accept a large fund set aside in the will of Leslie R. Palmer, leading Westchester County banker, who died here August 31.
The “balance of the estate,” according to the will filed in the Surrogate’s Court at White Plains, after payment of specified legacies and establishment of trust funds, is bequeathed to the trustees of Cornell University to be used for the erection of a dormitory for white Protestant students.”
The fund is estimated to be between ten and fifteen million dollars in value.
Some doubt is expressed here whether Cornell will be willing to accept such a bequest from Mr. Palmer, who was graduated from the university in 1897 as a lawyer, practiced at the bar, entered real estate, and then banking, recently engineering a merger of several of the largest banks in this section.