The estate of approximately $7,000,000 bequeathed by industrialist Gerard Swope to the Israel Institute of Technology, will now be available in full to the Technion following the filing yesterday of a transfer tax appraisal with New York State tax authorities.
The bequests of Mr. Swope, who died November 20, 1957, came from his personal estate and a trust left by his wife, who died October 28, 1955. The industrialist left $691,909 from his own estate to the Technion Society for its loan fund and to provide advanced study for Technion graduates at the Massachusetts Institute of Technology.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
