UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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34

Sixteen Years at the University of Illinois

of about 770 acres and a total value of approximately $215,000, to provide funds for the erection of a building for the School of Music as a memorial to his wife, Tina Weedon Smith.20 Another noteworthy gift to the University was the presentation in 1913, by the Alumni of the College of Medicine and other friends of medical education, of the property of the College of Physicians and Surgeons of Chicago. This gift comprised the entire capital stock of the corporation, 2170 shares, having a par value of $100 a share. The value of the real estate, library, apparatus, equipment and other personal property which had belonged to the corporation and which thus became the property of the University has been variously estimated at from $300,000 to $400,000.21 This was, however, subject to an indebtedness of $245,000, which was not assumed by the University.22 Still another very important gift was made in January, 1917, by Honorable William B. McKinley of Champaign, who offered to transfer to the University securities of the par value of $120,000 to provide funds for the erection of an infirmary for students and faculty. The Board of Trustees accepted the gift and voted to give the name " McKinley Hospital" to the infirmary to be erected.28 This was in addition to Mr. McKinley 's gifts to the University Y. M; O. A. and Y. W, C. A., which were really for the use and benefit of students of the University of Illinois. A considerable number of gifts have been made to the University in the form of materials for the museums and collections. The first important gift of this character was made in 1874 as a result of the labors of the Regent, Dr. J. M. Gregory, in soliciting funds among the residents of Urbana and Champaign for the purpose of establishing an art collection. About $2,000 was subscribed and the Art Museum established in University Hall during the same year.

^Further details regarding this gift will be found in Chapter II *Cf. Bopt., Univ. of 111., 1912, pp. 460-470; 1014, p. 189 "Tor a full statement of this transfer see Chapter IX M Min., Bd. of Trustees, Univ. of 111., 1916-18, p. 194