Monday, Oct. 19, 1936

Dukes' Duchy

First tobacco Duke to betray an interest in higher education was old Washington ("Wash") Duke who in 1891 gave $100,000 in cigaret stocks to little Trinity College in Durham, N. C., when that Methodist institution was crusading against the weed he sold. Since then "Wash" Duke's progeny have made Trinity into a fabulously rich educational duchy. Late Son James Buchanan ("Buck") Duke, who was permitted to rename it Duke University for $17,000,000 in cash, also gave Duke an eventual 32% of the income from his Duke Endowment, whose $53,000,000 portfolio holds not only tobacco but electric-power and basic-warfare-chemicals securities. Late Son Benjamin Newton ("Ben")

Duke contributed $2,000.000 more, Grandson Angier B. Duke another $250,000.

In a Manhattan court last week, still another $1,500,000 rippled into the duchy's coffers, from the estate of Benjamin's widow, Sarah Pearson Angier Duke, who died last month (TIME, Sept. 14). Dukes still to be heard from were "Buck's" widow, Nanaline Holt Duke, and his rich and beauteous daughter, Doris Duke Cromwell.

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