The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1906-07-27
EDUCATION AND
CHARITY FAVORED
Millionaire Belt Gave Literally tc
Thcrn-S6, 100000 fer African Rail-
road and Teleqraph Line.

London, July Blowing to prema-
ture statements regarding the will of
the late Alfred Belt, the South African
tinancier. the executors of MIR. Belts
estate last evening gave out the exact
terms of the public bequests, without
however, disclosing the amount Of the
fortune left, which. it is believed, Will
take a considerable time to estimate.
owing to the f1uctuation In the price
of shares owned by n. Belt AS afore-
said. the document proves very inter-
esting, lacking little of the remark
able qualities which gossip attributed
TO the bequests. The sums enumerated
make the vast total of s9.675,0O0, not
including the value of the estate pc
uueathed to his native city OF Ham
burg or the art treasures bestowed on
the national gallery and the museums
in Hamburg.
1t is believed that the aggregate will
not be far short of $12.50O,00O.
1t was announced that the will of
the late Alfred Belt, the South African
millionaire, leaves the property known
as Borsler jaeger, near Hamburg, to the
city of Hamburg, to be held for the
people. Tne picture. by Sir Joshua
Reynolds, of Lady Cockburn and Her
tional gallery, and Reynolds picture,
"Mistress Boone and Her Daughter,
! and other art treasures are left to l3er.
/ lin and Hamburg, and to the college
of technology connected with the Lon
| don university the sum of $25O,OO0 and
900 $3.50 shares in the De Beers
1 company are bequeathed.
The sum of s1,000,0O0 is left to the
University of Johannesburg to build
and equip buildings on the land pre-
viously given by him; s1,o00,000 is be-
uueathed for educational or charitable
purposes in Rhodesia and other territor-
les within the field of the British South
Africa company, S125, 900 to the research
fund of the London university; SIZE, ,00o
10 the Rhodes university, Grahams-
town. Cape Colony; $4,000 to the
Rhodes memorial fund at Cape Town;
10000 to the Union Jack club of Lon
don; 100000 to the deceased's firm In
South Africa for educational or charit-
able purposes in the Transvaal; Sio,o0t
for the same purposes to Kimberley
S75 600 to DIR. Jameson, now premier OF
Cane Colony, and Sir Lewis Mitchell
chairman of the De Beers company anc
trustee of the Rhodes fund for the
same purpose in Cape Colony; $100,0Ol
is left to the Kings hospital Gondon
funds and 100000 to Guys hospita
Oondon) and 100000 is to be distrib
uted equally in London and Hamburg
by Mr.. Belts executors for educationa
or charitable purposes.
. The testator continuing says tha
believing that civilization can best b.
. advanced in Africa by the construction
. IF railways teleSfapnS ana wireless lele
graphs, and knowing how difficult
is to raise money for these purpose
he leaves $4,000, 600 in stocks and share
to his partners to constitute fund, tn
/ income of which is to be devoted I
9 the construction, equipment or further
| ance of any such methods OF communl
a cation or transportation in Rhodesis
3 Portuguese, South Africa, or the Gel
man ~ossessions and any parts of Al
rica as may be traversed in establish
). ing the Cape to Cairo railway, telt
r graph or telephone lines The trustee
: are given absolute discretion, and
: tWo-thirds decide that the fund is 4
v longer required for furthering the wo1
t IF communication or transportatio
q they can apply the proceeds to educ
d tional, charitable or other purposes
i Rhodesia.
i. Mr.. Belt left large sums to relative
u numerous legacies to friends and gif
,e to clerks and servants. The residue
h his estate. real and personal, is b
No lueathed to his brother. Otto Belt. a
solutely.
The will is dated Ap.i 4. 1905.