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According to the terms of a trust agreement made by the late Nelson Robinson, Jr. '81, Harvard is to receive and endowment fund of $1,071,000. Mr. Robinson was a member of the New York Stock Exchange and a director in several traction companies.
The gift to Harvard does not appear in the will, which was a one paragraph document with its terms embodied in five lines. The fund was established under separate agreement whereby Mr. Robinson was to receive the interest from a $1,500,000 fund during his life, while the principle was to revert to the University upon his death.
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