Famous Givers and Their GiftsBolton, Sarah Knowles
History
Famous Givers and Their Gifts
Bolton, Sarah Knowles
Philanthropists
Mr. Newberry helped to found the Merchants' Loan & Trust Companies'
Bank, and was one of its directors. He was also the president of a
railroad.
He was always deeply interested in education; was for many years on the
school-board, and twice its chairman. He was president of the Chicago
Historical Society, and was the first president of the Young Men's
Library Association, which he helped to found.
Mr. Newberry died at sea, Nov. 6, 1868, at the age of sixty-four,
leaving about $5,000,000 to his wife and two daughters.
If these children died unmarried, half the property was to go to his
brothers and sisters, or their descendants, after the death of his wife,
and half to the founding of a library.
Both daughters died unmarried,--Mary Louisa on Feb. 18, 1874, at Pau,
France; and Julia Rosa on April 4, 1876, at Rome, Italy. Mrs. Julia
Butler Newberry, the wife, died at Paris, France, Dec. 9, 1885.
The Newberry Library building, 300 feet by 60, of granite, is on the
north side of Chicago, facing the little park known as Washington
Square. It is Spanish-Romanesque in style, and has room for 1,000,000
books. There will be space for 4,000,000 volumes when the other
portions of the library are added. A most necessary part of the work of
the trustees was the choosing of a librarian with ability and experience
to form a useful reference library, which it was decided that the
Newberry Library should be, the Public Library, with its annual income
of over $70,000, seeming to meet the needs of the people at large. Dr.
William Frederick Poole, for fourteen years the efficient librarian of
the Chicago Public Library, was chosen librarian of the Newberry
Library.
Public-domain text, read in full here on John Shaqi.
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