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Israel Technion Gets over $1,000,000 Bequeathed by U.S. Philanthropist

April 20, 1965
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Executors of the estate of Meyer Gold today presented American Society for Technion-Israel Institute of Technology, Inc., which provides financial and technical assistance to Technion-Israel Institute of Technology in Haifa, with a check for $163,000 and securities valued in excess of $700,000. Together with specific bequests at the time of his death in 1960, gifts received by the American Technion Society from Meyer Gold will total over $1,000,000.

The presentation was made at the Technion office to Horace W. Goldsmith, treasurer of the American Technion Society, adn Col. J.R. Elyachar, honorary president of the American Technion Society, and by attorney Sydney L. Weintraub of Miami, one of the co-executors of the estate of Meyer Gold.

Maurice M. Rosen, president of the American Technion Society, said the Technion in Haifa will utilize the funds from the bequest for the establishment of the “Meyer Gold Library Wing” on the campus of the Institute, occupying a 300-acre site on Mount Carmel, and also for the setting up of a permanent endowment fund to provide a continuing source of funds for the acquisition of new technical books, periodicals and other library materials.

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