Education: Sarah Lawrence College

William Van Duzer Lawrence, 84, retired Manhattan drug and hotel man, last month read a magazine article which enhanced a major apprehension of his thoughtful age. Young women of intellect, college women (said the article), were more and more avoiding what Mr. Lawrence believes is "their real career"—marriage. Spurred, Mr. Lawrence did what he had long thought of doing. He founded a college.

It is to be at Bronxville, N. Y., named in memory of Mr. Lawrence's late wife, Sarah. He gave it $1,250,000 in property, securities and corporate stock, including his Bronxville home. He formed...

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