New Britain herald., 1928-12-20
TRUSTEES EXPLAIN
 JEROME FUND PLAN
Continued from First Page)

OA1hoi1AA . OlvO . LII M
 Continued from First Page) great excitement about the discovery that such a fund as the Jerome fund exists, as it is all matter O1 public record in the city hall of New Britain. Yearly accounts, showing the handling and growth of the fund from it's beginning 20 years ago. are on file in the probate court About two and a half years ago i was brought to the public notice bl the generous bequest of about s4o,- coo made under the will of J. Spen. cer Douglass and again about a veal ago persons interested in such char itable work in New Britain will re- member the bequest of s10.o00 un' der the will of Benjamin 4. Flaw, ley.
 Owns Six Acres of Land
 ''The fund owns fine tract ol land of about six acres at the cor. ner of Corbin avenue and Black Rock avenue and at the earliest time it is the intention to erect ble buildings and open them for an old peoples home under the terms ol the will. The will Of Augustus s Jerome provided for the creation oi this fund for the establishment and maintenance of home for respec' table and intirm aged men and to be known as the Jerome Home and to be modelled as far as prac- tical, and conducted according to the principles of the Old People home in Hartford. Connecticut, and expressly to direct the investment and accumulation of funds, until, in the judgment of the trustees, suf- ficient amount had been accumulat- cd to establish and maintain such a home.
 "The Old People home in Hart ford is run ill conjunction with the Hartford hospital and is well worth visit and study of it's excellent plan. The home is based on the idea of helping those who help them- selves. This principle of self help is one which Mir. Jerome undoubtedly had in mind in his will.
 Policy of Hartford Home "Admittance to the Hartford home is granted to men and women reach ing a certain age who can command a certain amount of money (say, foi example, one thousand dollars which they turn over to the authorl' ties of the home in exchange (attel probation period) for an agree ment for food. clothing and home for the rest of their lives. The eN perience of the Hartford home Il that, relieved of financial and famll, cares, those admitted live to rlp' old age, incredibly so in fact. lnas much as the scheme contemplates binding agreement for the care an' maintenance during a persons lie it is of the utmost importance Una such obligation be no undertaken to' lightly by the home authorities anf sufficient funds must be at hand t' guarantee the performance or lh' contracts and obligations. These op ligations necessarily require the eln ployment of matrons. nurses, house hold servants. janitor, heat, light upkeep. and other expenses ana reasonably large income rom il' vested funds is necessary even TOT small home.
 study Recently Made
 'The last study and projected bud get for a home for 25 people, eAclu' siyc of help and attendants. was made by the trustees this summer and while it was found necessary after a very careful survey and comparison with the expenses i'll the Hartford home. 10 postpone the openins of a home for the present the trustees agreed to have pre- liminary studies made for buildings with estimated costs. etc, so as 't be ready to proceed as soon as su1tl' rient funds are available which It Is hODPQ VIII DC III lllt iAce 'SS
 future, If it were possible for the City of New Britain to abate Its INC or six hundred dollars year tax or the home property, that time Woulc come sooner than otherwise.
 If there are those like MT. HaWleN and Mir. Douglass, who are chari- tably inclined and who approve o' the plan as laid down by Mir. Jer' one. contributions will be welcome and can be sent to any of the fol lowing, who are the trustees of the fund:
 A. J. Sloper. chairman of the New Britain National bank: F.. \. Stan- ley, president of the Savings Bank oi New Britain; w. F. Atwood. char man Of the New Britain Trust Com- pany: F. c. Nibborts. president o' the New Britain Trust Company: J F. Cooper. president of the Burrit' Savings Bank. To these trustees who have long studied and been in terested in the project. it seems like a most worthy and hopeful charity.
 (Ssued
 'T,. x. STANLEY. president.
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