Rensselaer Republican, Volume 19, Number 37, Rensselaer, Jasper County, 19 May 1887 — Mr. DePauw's Benificence. [ARTICLE]

Mr. DePauw's Benificence.

A close friend of his says that in the past eight years Mr. DePauw has given away, including his munificent gift to DePauw University, very close to $2,225,000. There was no-limit to his pharity and yet it was always well directed. Mr. DePauw’s wealth is probably $10,000,000, possibly much more. His holdings in New Albany alone arp not less than $3,000,000 in value; besides those, he owned valuable and productive real estate of immense value at Lpuisville, Indianapolis, Chicago, St. Louis, St Paul and Minneapolis; valuable mining property in Colorado and Mexico; coal lands in Pennsylvania, Kentucky apd Indiana, besides farms and town property in Indiana and other states. He leaves a will, and his pons, Newton T. and Charles W., will be his executors. By his death DePauw University will receive at least at least $1,200,000. The balance of the estate, except a few bequests, goes to his two sons, his daughter and his wife, the bulk pf the estate going to the sons, who are to take his place in the manufacturing enterprises.—Lafayette Courier.