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Ill
Resolved, That in all other respects the report of the Semi-centen
nial Celebration Committee be approved and that its transactions
therein recited be ratified and that this Board approve of the selection
of Mr. H. A. MacNeil as the sculptor of the Ezra Cornell statue and
authorize his employment as such sculptor.
tary
That the matter of the salary of Mr. Hall as corresponding secre
of the Committee be referred to the Committee on General
Administration with power.
24. The Chairman of the Committee on the School of Commerce
made a report of progress.
25. Trustee Sackett who, with the Comptroller of the University,
had been authorized to sell the Guiteau homestead at Irvington, N. Y.,
left to the University as a part of the residuary estate of the late
Frederick W. Guiteau, to Mrs. Isaac L. Rice for $50,000, reported
that such sale had been consummated by deeding such property to
the assignee of Mrs. Rice and also presented to the Board the follow
ing
letter from her counsel together with the check for $5,000 therein
referred to.
Colonel Henry W. Sackett,
154 Nassau Street,
New York City.
Dear Colonel Sackett :
April 7th, 19 1 6.
In behalf of Mrs. Isaac L. Rice I send you herewith certified
check for $5,000 duly endorsed by Mrs. Rice to the order of Cornell
University^.
As you know Mrs. Rice had intended to use the Guiteau property,
which she agreed to purchase from Cornell University as a site for a
Memorial Hospital to her late husband. In deference to the wishes
of the property owners at Irvington, she abandoned this intention and
assigned her contract to a third party, obtaining for such assignment
the extra sum of $5,000, she having told the purchasing party that an
additional sum ought to go to Cornell University because of what she
understood to have been the consideration of its Trustees toward her
in selling her the property at $50,000 for the purpose of creating such
benevolent institution.
When I was discussing this subject with you, I understood you to
say that you thought the Trustees of Cornell University would con
sider it a gracious act on Mrs. Rice's part if she should so dispose of
this $5,000, that one-half of it should go to Cornell University and
the other half to such Memorial Hospital now being founded by her
in memory of her husband. I am in a position to state that such a
plan will be most agreeable to Mrs. Rice.
Under Mrs. Rice's instructions, I am now turning
that check for