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CARNEGIE DONATES TO LAKE CARNEGIE TRUST. CARNEGIE, ANDREW. 1835-1919. Document Signed ("Andrew Carnegie"), transferring $20,000 of U.S. Steel Co. bonds to the Lake Carnegie Association, partially printed and accomplished in manuscript, image 1
CARNEGIE DONATES TO LAKE CARNEGIE TRUST. CARNEGIE, ANDREW. 1835-1919. Document Signed ("Andrew Carnegie"), transferring $20,000 of U.S. Steel Co. bonds to the Lake Carnegie Association, partially printed and accomplished in manuscript, image 2
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Lot 13

CARNEGIE DONATES TO LAKE CARNEGIE TRUST.
CARNEGIE, ANDREW. 1835-1919.
Document Signed ("Andrew Carnegie"), transferring $20,000 of U.S. Steel Co. bonds to the Lake Carnegie Association, partially printed and accomplished in manuscript,

25 October 2022, 10:00 EDT
New York

Sold for US$8,925 inc. premium

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CARNEGIE DONATES TO LAKE CARNEGIE TRUST.

CARNEGIE, ANDREW. 1835-1919. Document Signed ("Andrew Carnegie"), transferring $20,000 of U.S. Steel Co. bonds to the Lake Carnegie Association, partially printed and accomplished in manuscript, 1 p, quarto (245 x 193 mm), New York, November 30, 1906, framed with a U.S. Steel Corporation $5000 bond issued in 1901, not assigned to individual, framed over all to 500 x 1025 mm.

Andrew Carnegie was encouraged by portrait artist Howard Russell Butler, for whom the industrialist sat in 1902, to create a lake near the campus of Princeton for use by the school's crew team. Previous to this, the crew team rowed on the Delaware and Raritan Canal, competing with commercial boats for space. Carnegie bought up land near the confluence of the Millstone River and Stony Brook, then cleared the land and build dams and bridges to form what would be known as Lake Carnegie. The lake officially opened in December of 1906 and was run by the Lake Carnegie Association, a private nonprofit. This document records Carnegie's gift of U.S. Steel Co. bonds to fund the LCA. In 1934, the lake was deeded to Princeton University.

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