Isaac A. Loeb, prominent Chicago Jewish lawyer who died last September at the age of 84, left his entire estate of $715,000 for the establishment of a Loeb Farm School for Jewish children on the 200-acre farm which he owned Indiana, near Anderson, a township in which he was born, it was announced here today.
Mr. Loeb emphasized in his will that that the reason for bequeathing the entire estate to the development of farmers among Jews was that Jews have been successful in business art, science and industry, but not in farming. He specified that in the event the eight directors of the foundation which he established come to the conclusion that the establishment of a farm school is impractical, they may use the money for scholarships for Jewish agricultural students in American universities.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.