The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1912-01-18

Il Will Carry on After His Death the
Work He Has Been Doing as an In
Observation-Disclosures and Causes to
Be Benefited.
Andrew Carnegie has organized the
Carnegie Corporation of New York
with a capital of S25.00000O. 1t may
be described as the incorporation OF
the beneficent activities of the iron
master By its charter it Is author
ICED ITO promote the advancement and
| diffusion of knowledge and under
standing among the people of the Unit
| ed States" and it will carry on the
work of founding libraries and endOw'
| ing colleges after Mr.. Carnegie has
passed away.
The new corporation obtained it,
charter under bill introduced in the
last legislative session at Albany by
Senator FrawIey. Mr.. Carnegie issued
this statement. explaining what he had
done and what he hoped to accomplish
by IT.:
Incorporated by an act passed by the New
York legislature June 9. 1911. was organ
Ted Nov 10. 1911
The purposes OF the corporation. as
stated in the charter. are as follows:
Section l. Andrew Carnegie. Elihu
Root, Henry s. Pritchett. William n
Frew. Robert s. Woodward. Charles l.
Taylor. Robert A. Franks. James Bertram
and their successors are hereby consti-
tuted a body corporate by the name Of
Carnegie Corporation of New York for
the purposes OF receiving and maintaining
a fund or funds and applying the income
thereof to promote the advancement and
diffusion OF knowledge and understa nding
among the people of the United States, by
aiding technical schools. institutions OF
higher learning. libraries. scientific re-
search hero funds. useful publications and
by such other agencies and means as shall
from time to time be found appropriate
therefor"
The incorporators met at Mr.. Carnegies
house Friday afternoon, Nov. 10. 1911. &C
cepted the charter. adopted the constitu-
ton and bylaws and elected the following
officers:
President. Andrew Carnegie; vice presi-
dent Elihu Root; treasurer, Robert A.
Franks; secretary. James Bertram.
Mr.. Carnegie transferred to the corpora
ton for it's corporate purposes 600
United States Steel corpora ton.
II is intended that the business OF found
ing and aiding libraries and educa tional
institutions. which has been carried on by
Mr.. Carnegie as an individual for many
years, will be turned over to the corpora
ton at an early date and carried on by
the corporation.
In addition TO the officers mentioned
In Mr. Carnegie's statement the incor-
porators enumerated In the rawley
bill were DR.. Henry S. Pritchett. pres
ident of the Carnegie Foundation For
the Advancement Of Teaching; vii
liam II. Frew. president of the board
of trustees Of the Carnegie institute
of Pittsburgh: Robert s. Woodward.
president of the Carnegie institute of
Washington. and Charles L. Taylor,
president of the Carnegie hero fund.
Senator Root. who is vice president
Of the new corporation, is also presi
dent of the Carnegie endowment for
international peace. Robert A. Franks.
the treasurer of the Carnegie corpora
ton. is president of the Home Trust
company. and James Bertram. the see
rotary, is Mr.. Carnegie's private sec
rotary.
This new gift of S25OO0.O0o brings
Mr.. Carnegie's benefactions comfort.
ably above the S2OO,O0O.OOO mark. AS !
accurately as can be estimated the
amount the ironmaster has now given
away in the interests of philanthropy |
and education is SOS. 235, 600, distrib
uted as follows:
Hero funds. s75O.OOO |