Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-04-27
DEEDS CONVEY A LARGE SUM
Land Disposed of to Prevent
Any ENHANCEMENT at the
Final Settlement.

CLEVELAND: April 27.-Fearing death,
in view of his advancing age, John ID.
Rockefeller late yesterday afternoon trans
ferred property. mostly unimproVed. scat
tered over and around Cleveland to the
value of between $500. 600 to 10000. to his
son. John D. Rockefeller, jr. The deeds
were signed in New York by Mr.. Rookie
Teller and his wife, Mrs. Laura S. Rookie
Teller and were filed late yesterday after
noon in the county recorders office in
Cleveland.
The deeds number fifteen in all, each
for the nominal consideration of $40. Hun
dreds of vacant lots in Cleveland, East
Cleveland and near the Cleveland State
HOSPITAL for the Insane some of which
were purchased in 1872 and including hun
dreds of acres, were conveyed by the deeds
The land was bought originally TO be
held for increase in value. That purchased
in 1872 did not come up to the expectations
after the panic of 1873.
Forest Hill, the Rockefeller skyscraper
and the Rockefeller home on Euclid ave-
nue. are not included in the transfer. Inc
transaction is said by close friends to be
the clearing away of odds and ENDS "hlch
might make difficult the settlement OF the
immense Rockefeller estate in case of Mr..
Rockefeller's death.
1.-The transfer" said j. G. w. Cowles'
Rockefeller's agent here, last night lis only
such as is customary from father to son
when the former reaches an advanced age.
Il know of no particular interest the
Junior Rockefeller has in reference to the
holdings he acquires by the deeds recorded
today. He is not as far as l know, about
to improve the land or do more with 1t
than to hold it for future opportunity, as
his father has DONE"
Gives So, ZOO, 900 to University.
CHICAGO, April 27.-John D. Rockefeller
made another princely gift to the Univer-
sity of Chicago yesterday in land valued at
over 100000. The strip extends from
Madison avenue to Cottage Grove avenue,
fronting the south side of the Midway
Plaisance. 1t is his richest land donation
to the university. Incidentally, Mr.. Rookie
Teller secured the land at bargain prices
by concealing his identity.
Deeds were filed in Chicago in the after
noon presenting the property to the unlver-
sity without a single condition attached.
Some of the land was in the name OF Mr..
Rockefeller and other portions of the strip
were held by Edward V. Cary, Mr.. Rookie
feller's New York real estate agent
The price paid for the land was $1.5OO,OOO,
according to Wallace Hickman business
manager of the university. Some of it was
purchased four years ago at $137 a foot. All
the property was bought in individual strips
and at different times in the last four
years.
Mr.. Rockefeller, it is said, conceived the
idea five years ago of increasing the uni
versity's campus and wealth by getting
control of all the land on the south drive
of the midway as he had then just COM
pleted his purchases of the entire north
side of the worlds fair drive
His difficulties in acquiring the land on
the north side for the university were so
great that he resolved to make his land
purchases in the name of an agent. Ed
ward ". Cary, unknown In Chicago, ac-
cordingly began the work in 1908. The last
lot was purchased two weeks ago, making