Consideration, Said to be $50,000, Goes to Yale
Postmaster William S. Meany of Greenwich has purchased from the estate of the late Frederick Mead, Jr., the residential property at the corner of East Putnam avenue and Milbank avenues. The consideration said to be about $50,000 goes to Yale University, as residual legatee. The house dates back to the Revolutionary period, having been built by Leopold Eidlitz, the New York architect, sixty-five years ago, for Jared Mead.
This was the girlhood home of Mrs. E.A. Abbey, wife of the celebrated artist, who was a sister of the late Frederick Mead, Jr. She was an authoress and astronomer. Being a graduate of Vassar college she was an intimate friend of Mara Mitchell, a member of the college faculty, who had her astronomical apparatus in this house and was a frequent visitor here. It adjoins the Mulford estate formerly owned by William Rockefeller. By the will of Mr. Mead, recently filed in Surrogate court, New York, his two step-daughters receive the use and income of his three-quarter of a million dollar estate during their lifetime and upon there death the entire estate goes to Yale University, without any restrictions as to how the money shall be used.