The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1915-05-05
money IS GIVEN
/ TO LOCAL Y. v. IA.
Marcia Jenkins Sawyer Trust Fund
Is Created Through Generosity
of Hazen |. Sawyer, and is
{, Accepted.
WAS WISH OF HIS WIFE
Money Which Amounts to $1,000 Will
Be Held in Trust and In
come Is to Be
Used.
WAS WISH OF HIS WIFE

At the meeting of the board of d.
rectors of the Y W.. c. A. yesterday
afternoon, communication was read
from Hazen I. Sawyer, in which by a
gift Of $4,000 to the association, the
Marcia jenkins : Sawyer memorial
fund was established. Mrs. Sawyer
was very, ACTIVELY connected with the
association from the time of its or
ganization until her death.
She served on the board of direc-
tors for several years and was one Of
the vice president Of the association
for number Of years. she did more
perhaps to esta blish the cafeteria as
a branch of the association than any
other one woman. She was most
generous in giving both time and
strength to the association and her
wish to have this money given In
trust for the association was indica-
tive of the deep interest she felt in
this work for young women.
The full text of the letter as sent to
the president of the association by
Mr.. Sawyer follows. The board at its
meeting yesterday voted unanimously
to accept the terms of the letter:
Keokuk, Ia, April 80, 1915.
Mrs. Nellie ). Board,
President Young Women's Christian
Association,
Keokuk, Iowa
Madam President: Prior to the
death of my wife, Marcia Jenkins
Sawyer, she expressed desire to me
that in case at any time l should con-
clude to sell our home, No. 522 Or
leans street, Keokuk, Iowa, that of
the amount received from the sale
thereof, sum not exceeding five thou
sand (s5,000.00) dollars, should be
placed in trust for the benefit of the
Young Woman's Christian association
OF Keokuk, Iowa, it to have the in.
come of said trust fund.- and upon the
termination of said trust, the princi-
pal to be disposed of as I, in my judg-
ment. should deem best. That in case
the association should not be in exist
ere, at the time the home was sold,
then the proceeds of the sale thereof
up to five thousand (s5,O00.0O) dol
lars should be used for any purpose
that might see fit.
Offer by Mr.. Sawyer.
1t Is my desire to carry out the
spirit of this request rather than the
letter. Hence, l have decided, if it
meets with the approval of your asso-
citation, not to await the sale of the
home before providing for the trust
and I have therefore concluded to
place the sum of 100000 in the hands
of trustee, the income of the fund
to be paid TO your association annual
ly. less the trustees charges and eX-
penses, for the term of twenty COO
years. At the expiration Of the said
term of twenty COD years the trust
shall terminate and If I shall be alive
at said time 1t is my intention that
the principal shall be given to your
association IL the association is then
in existence, If not the principal to be
Of for such worthy purpose
as I may desire. Should I not be
alive at the expiration OF said twenty
years, will provide that the trustee
shall pay the principal Of said fund to
your association, If it is then in exist
ence If not, will direct the trustee
to use said fund for such charitable