Every evening, Wilmington daily commercial., 1918-08-27
$9O,0O0 A YEAR FOR
SERVICE CITIZENS
Pierre S. du Pont Sets Aside ST.,
100000 in Securities for Ben
eft of Organization.

The Service Citizens of Delaware
recently organized, will have fixed IN
come of 100000 year To carry on ITS
work This income is assured through a
trust established today by Pierre :.
du Pont, who has set aside securities to
the value of Sl,5oO,000. the income of
which, for period of four years, will be
devoted to the work of this voluntary
association OF citizens.
This gift was announced at a meeting
of the Service Citizens held today III the
Public Library Building which was pre-
sided over by Henry u. Scott, vice-presl-
dent in the absence of MIR du Pont.
The finance committee reported MIR
du Points offer 10 establish a trust fund
and recommended its acceptance. The
board of managers took the formal action
recommended and an agreement en-
bodving necessary provisions was APP
proved John j. Raskob and H. Rodney
Sharp being named as trustees of the fund,
The securities comprise $4,000 shares OF
dcbenturc stock OF t. | du Pont de
\emours 4 Go.
MIR. du Pont made his offer 10 finance
the activities Of the organization IN the
following letter
August Is. 1918.
Finance Committee Of the Service Cltl-
zcns of Delaware.
Gentlemen
stated to the executive committee ut
its Dover meeting on August :. that
proposed 70 set aside trust iund, the
income of which. $4,000 per annum.
whould bc available for the purposes OF
the Service Citizens of Delaware for a
period of four years The trustees are
to hold the securities and turn over the
= ,,f hn ~
without condition n 10 It's disposition.
Ii the income should prove more than
sufficient for The purpose Of the society
III the work now proposed. | recommend
that the board Of managers use the sur
plus funds tor such permanent public
or charitable work in Delaware as may
seem best 10 thcm This suggestion Will
serve TO extend rather than curtah the
use ot the tund.
In making this tina ncial provision for
the society | wish to impress upon the
members ~ he finance committee In
fact upon all members Of the societvs
my wish that the use of the fund be
considered entirely without reference to-
it's source believe sincerely that the
hest results are To he obtained through
the collective effort Of the members oi the
society III must express themselves
candid and un>eltiShly and those in
charge Of the affairs Of the society must
formulate thou policy after carefully
weighing opinions Of all The purpose Of
the society will bc largely defeated if the
managers or their committees should in
any way dcfcr - my opinions or wishes
on account Of my having provided the
funds
Enclosed herewith please find form Of
trust which Is purposely made brief
VIII the members OF the finance commit
tee make suggestions Of appropriate
additions or alterations
Very Truly yours
Pierre : du Pont
Mr.. du Pont has provided an additional
fund in order that the organization MAY
be able to pay for work already done
along the line Of its activities and have
some money in the treasury for immediate
needs This provision j. outlined in the
following letter to the finance committee
August p. 1918
Finance Comm mittee
Service Citizens Of Delaware
In making provisional funds Tor the
Service Citizens OF Delaware, think It
would be best 10 make he in come from
the trust fund payable Jnlv 25. 1918. IN
order that the treasury may have funds
suthcIent for miscellaneous expenses and
also the S17.500 which | agreed 10 paw
for the survey Of governmental condI-
tons in Delaware. arranged for by the
governor As the quarterly interest Of the
trust fund IS S22j00 there will remain a
balance OF 5000 to cover miscellaneous
expenses. pending receipt Of quarterly
navrnent on trust fund, due October p
IGlS'
p : du Pont
The meeting adopted q resolution,
offeredby DR. q LaEt0l Grier express 7 2
tina nks 10 MIR du Pont
NEW MEMBERS ENg0LLEp
The meeting was held in the rooms Of
the General Service Board Of Delaware,