Education: Who Gets It?

If the late Henry Edwin Sever of Chicago had been as vague in the textbooks he published (Riverside Press) as he was in his will, he would never have made a fortune.

Mr. Sever, who died a childless widower in 1941, directed in his will that $1,622,-482 of his fortune be used to establish a "technological school" in his native Missouri. As soon as the will was published, six Missouri colleges put in a claim. The Continental Illinois National Bank & Trust Co. of Chicago, Mr. Sever's trustee, ran for cover, leaving the Cook County Court to appoint a three-man committee to...