The Fort Dodge Messenger: Sept. 8, 1903
$200,000 for Webster City
By Demise of Mrs. Kendall Young Webster City Gets Princely Sum
The Story of the Bequest
It Was Made by Her Husband, Who Was Wealthy Pioneer of Webster City
Webster City, Sept. 8 The death of Mrs. Kendall Young in Battle Creek, Mich., Monday, was announced in this city today. By the death of Mrs. Young, Webster City will received $200,000 (about $5,032,308 today) to be used in the building of a library as a monument to the memory of Mr. and Mrs. Kendall Young. The fund has been in trust since 1896, when Mr. Young died, but could ot be used until the death of his wife.
The will provided that upon the death of Mrs. Young, $25,000 ($629,038) should be expended for a fire proof building. The remainder of the fortune must remain intact, and only the income of it, or so much of it as the trustees may see fit, is to be used for library purposes.
Kendall Young was born in Maine, and his wife in County Kent, England. The two were married in this city in 1858, and with the exception of a short residence in Irvington, have lived here ever since. At the time they were married here, the population of the city was but 400, and of the county 1,600. Through Mrs. Young’s generosity, the Kendall Young library on a small scale was established in 1898. At that time it became apparent to her that the annual income form the estate was more than she required or desired for her personal use. She very generously offered the use for library purposes of the magnificent Kendall Young home on Wilson avenue, beautifully situated and surrounded by spacious ornamental grounds, together with its furnishings, including many valuable paintings and pictures. She also proposed that the surplus income form the estate should be devoted to the immediate establishment and maintenance of the library.
At the February, 1898, term of the district court, upon the joint application of Mrs. Young and the executor, it was ordered that the executor annually turn over to the library trustees the surplus income from the estate, to be by them used for library purposes. At this time Mrs. Young was confined in the Battle Creek, Mich., sanitarium, on account of her health, where she remained until she died.
Mr. Young laid the foundation for his fortune during the California gold craze of 1849, and with this start began business in Hamilton county, where the balance of his fortune was made. Since the death of her husband, Mrs. Young has been cared for by the trustees of the estate. These gentlemen have seen to it that she has had all the comforts that money could buy. She has wanted for nothing, and yet, good soul that she was, she has often talked with them about the cutting down of her personal expenses in order that the money might be saved to the estate. She was 73 years of age. The funeral will be held in the city Thursday from the old Young home, now the library building.