The Wagner post. (Wagner, Charles Mix County, S.D.) 1912-current, 1912-05-03

Chicago, April 27.-Dr. Daniel Kim
call Pearsons, 90 years old, who in re-
cent years gave more than $4,000, 900
to small colleges, chiefly in the middle
west, died early today in a sanitarium,
comparatively a poor man.
pneumonia with complications due to
old age was the cause.
For several days he had been sinking,
a patient in an institution where he
maintained himself on an income Of
$4,000 a year paid him by a college to
which he had contributed $685. 900 on
the condition that he would be given
z per cent Of that amount for the re-
.mainder of his life.
DIR. Pearsons began life as a school
teacher at the age Of 16 years. That
was in 1885. and he taught school in
vermont. Between that year and 1890
,he made his one object in life the saw
ing and accommodating of money. The
result was that in 1890 he possessed
slightly more han Sc, 900. 900.
But 1T was not as a miser that he
hoarded and handled this wealth. He
had a purpose in acquiring the money.
He worked for it. denied himself the
pleasures ordinarily looked upon as the
necessities of a normal existence, in
order that he might have a greater
pleasure.
The pleasure for which he was wait
ing was that of giving his none away.
Ill Ills hO was Jaot do ouSSCoSIul Dis
he was in accommodating money. In %
years he gave away practically every
penny of his fortune, even including his
home at Hinsdale.
A Noted c~hicagoan.
For 60 years DR.. Pearsons had been a
noted character in and about Chicago.
He was more than six feet In height,
and not even his 80 years eradicated the
atmosphere of physical and mental power
which he Ga FRIED His aarly a1,catiop
was limited to a short college course
which proved of great value to him in his
subsequent successful career.
In all As colleges shared DIR. Pearson's
money. All he asked was that they be
Christian colleges. There was no discrim-
nation because of denomination or creed.
Whitman college has received $500, 900, Be-
lott college $500. DOC. Mount Holyoke COL
lege $4,000, Chicago Theological semin-
airy $3.50, 600. These represent his largest
four gifts. From SIS 900 to s1O0,0O 0 has been
given to small and comparatively I'M
known colleges in Kentucky, Tennessee,
Ohio, Indiana, Iowa. Missouri and many
other states.
More than 100000 was distributed
among AZ institutions. Among the COL
leges which benefited are: Lake Forest
university, Beloit college, Knox, Chicago
Theological seminary, Mccormick Theo-
logical seminary, Drury college, Yankton
college, huron college,, Colorado college,
Fargo college. Mount Holyoke seminary,
Berea college. Marietta, McKendree,
Grand Prairie seminary. Whitman college.
Pacific university, Pomona college, Olivet
college, Fairmont college. Carleton and
Anatolia college, in Turkey, which has
received over 800. co., At one tine Mr.,
Pearsons had more than $50, 900 loaned
to needy students.
DR.. Pearsons made his money in real
estate in the p9rIV davS of Chioo1n L.
not only dealt in city real estate, but
made a speciality of farm lands. He
represented the Illinois Central rail-
way in disposing of millions of fine
farms in its land grant, given by the
state when the road was constructed.
For almost 60 years DR.. Pearsons had
been active in real estate. Investments
that he made in Chicago in the early
years increased a thousand fold and
have now been sold.