By the will of Elijah M. Topliff '52, of Manchester, New Hampshire, who died November 21, 1911, the College was made the residuary legatee of his estate. His sister, Miss Ellen A. Topliff, was to receive the income of the estate during her lifetime. Miss Topliff has recently died, and the College now conies into possession of the principal, which will probably amount to something over $200,000. The terms of the bequest place no restrictions whatever upon its use.
The importance of this gift can hardly be overestimated. Nearly all donations which the College receives are closely restricted and can be used only for special purposes and in special ways; sometimes such uses also entail the expenditure by the College of further funds not provided in the gifts. The Topliff bequest, on the other hand, of an amount sufficient to be of very great help to the College, can be used, either principal or income, in any way that may seem best to the Trustees. It is devoutly to be hoped that as time goes on, more and more will friends of the College who are contemplating the making of gifts perceive the wisdom of following the example of Mr. Topliff, for the Trustees are certainly far better qualified to judge of the immediate and particular needs of the institution than is any individual alumnus.